The implementation of Basel III regulations by SA’s banks — bolstered in the wake of the 2008/9 global financial crisis that required banks to raise capital held by the sector to ensure banks have enough buffers to respond to crises — has had a limited effect on credit extension.

However, the credit to households dried up following the financial crisis...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.