We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Why buy banks? With SA in the grip of its most aggressive rate hiking cycle in more than a decade, an economy barely scratching any growth and the prospect of bad loans galore, you’d think SA’s lenders would be the last place to park money.

Yet as the four majors — Absa, FirstRand, Nedbank and Standard — finalise their financial statements for the reporting season to end-June, SBG Securities has a buy call out on all of them. The brokerage reckons there’s a lot going for the lenders...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

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

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.