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Banking & Finance News South Africa

News Retail Banking & Finance

Who's got the best banking system in Africa?

South Africa has come out tops in Africa and is 15th in the world rankings in the World Economic Forum survey of banking systems.

South ranks even above Switzerland and experts put the respectable rating down to the fact that the South African banking system, thought relatively small in global terms, is very well regulated and managed.

See the WEF competitiveness report here and an overview of the world rankings here.

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