ture Bank on March 12. These bank failures sparked a flashback to the banking crisis in 2008 and have weighed significantly on markets.
Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
It is articles like this that cause panic. Telling people, “have no fear”. That’s what SVB did. In terms of compliance and banking infrastructure, SA is definitely one of the best globally, but the stringent regulations makes it almost impossible for the growth of fintechs.