Prudential

South Africa beds down bank resolution plans following slow progress

By Farah Khalique
BRR fallback image

Unlike the US and UK, South Africa had a ‘good’ 2007-9 financial crisis, with the banks holding up well even if the economy did see a setback. Nevertheless, South Africa signed up to the G20’s post-financial crisis reforms, and more than a decade later is tidying up some loose ends. 

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