Strong banks in Namibia and Botswana offer the prospect of good long-term returns
Imagine you’re one of four meaningful banks in an economy whose population is less than half that of Joburg’s.
A bank’s fortunes are tied to the macroeconomic realities of the nation where it operates. Interest rates, inflation, economic growth, unemployment, the size of the unbanked population and relative wealth of the citizenry are key determinants of success. The bank is becoming pickier about who it lends to, the level of security it demands and the interest rates it charges
This will open a greater role for banks to fund long-term infrastructure projects with certainty about offtake prices and volumes. In other words, the bank is becoming pickier about who it lends to, the level of security it demands and the interest rates it charges. Standard Bank Namibia targeted higher-margin corporate and investment banking , such as financial, mining, power and infrastructure clients. This boosted its CIB unit’s net interest income by more than half.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Good neighbour could become a good friendStrong banks in Namibia and Botswana offer the prospect of good long-term returns
Read more »
Pakistani businessman accused of strong-arming foreigners out of businesses using bogus court documents cries foulHafiz Saddiq claims he is being framed by police officers robbing and extorting foreign business owners. Lawyers linked to Saddiq's court application deny they were involved in the matter and claim their legal practice credentials were falsely used
Read more »
Caterpillar shares fall despite strong resultsCaterpillar reported higher profits and offered an upbeat outlook on industrial conditions, but shares fell amid worries over weakening global growth.
Read more »
RICARDO SMITH: Turbulent times are not always bad for long-term investorsOne of the shares in our global equity portfolio, JPMorgan, has reported strong positive earnings
Read more »
‘Incredible athlete and good human being,’ Sundowns coach Mokwena on Moroccan defender 'AB’ Boutouil‘Incredible athlete and good human being,’ Sundowns coach Mokwena on Moroccan defender 'AB’ Boutouil: Mamelodi Sundowns defender Abdelmounaim Boutouil has overcome injuries that delayed the start of his career at Chloorkop and it has been worth the wait…
Read more »
‘Incredible athlete and good human being,’ Sundowns coach Mokwena on Moroccan defender 'AB’ BoutouilMamelodi Sundowns defender Abdelmounaim Boutouil has overcome injuries that delayed the start of his career at Chloorkop and it has been worth the wait for the club's supporters.
Read more »