SA banks’ earnings likely to recover over next 3 years, S&P says
Non-performing loan ratio of the Big Four forecast to be little changed at 6% in 2021, with loan growth muted
07 July 2021 - 19:24
The earnings of SA banks will gradually recover over the next three years from the effects of the 2020 Covid-19 lockdowns, a leading credit ratings agency said in a webinar.
S&P Global Ratings’s webinar on Wednesday focused on the country’s growth and fiscal outlook as well as the banking and mining sectors...
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