THE financial results of South Africa's four major banks - Absa, First Rand, Nedbank and Standard Bank - for the six months ended December 31 2011 are a positive reflection of the industry's financial health.
The banks have remained stable, despite the recent global economic uncertainty, according to a report issued yesterday by Professional Services Firm PwC. -
Banks remain stable
THE financial results of South Africa's four major banks - Absa, First Rand, Nedbank and Standard Bank - for the six months ended December 31 2011 are a positive reflection of the industry's financial health.
The banks have remained stable, despite the recent global economic uncertainty, according to a report issued yesterday by Professional Services Firm PwC. -
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