BANKS’ SIT­U­A­TION IM­PROVES

Finweek English Edition - - Economic Trends - BY GRETA STEYN

THE SA RE­SERVE BANK re­leased its lat­est Fi­nan­cial Sta­bil­ity Re­view ( FSR) at end-April. It found that since the last FSR in Septem­ber 2009 the risks to global fi­nan­cial sta­bil­ity had eased and sys­temic risks have con­tin­ued to sub­side. In South Africa, con­fi­dence in the fi­nan­cial ser­vices sec­tor in­creased fur­ther, de­spite con­sumers still re­main­ing in a rel­a­tively vul­ner­a­ble fi­nan­cial po­si­tion.

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