Finweek English Edition - - Economic Trends -

THE Fi­nan­cial Sta­bil­ity Re­view re­ports that, al­though the qual­ity of loans and ad­vances has been de­te­ri­o­rat­ing con­sis­tently over the past two years, the pace of de­te­ri­o­ra­tion mod­er­ated some­what dur­ing sec­ond half 2009. In Jan­uary this year the an­nual in­crease in im­paired ad­vances mod­er­ated to 35,4% from 47,5% in De­cem­ber 2009. Prof­itabil­ity dropped some­what dur­ing sec­ond half 2009.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.