Recent content by Eti1N

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    Could African Bank, Tyme Bank or any other SA bank go bankrupt during COVID recession “run on the bank”?

    Thank you Jehosefat for your informative reply. Higher risk - higher leverage ration is a sensible explanation. Thank you for also clarifying the Besel rules and the higher unexpected losses due to liquidity issues and fraud. For anyone interested, here is SA Reserve Bank's Financial Stability...
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    Could African Bank, Tyme Bank or any other SA bank go bankrupt during COVID recession “run on the bank”?

    Thank you SMC. Your reply has put me on a new track. I have since looked at the leverage ratios according to the following link’s explanation: https://www.moneycontrol.com/news/business/moneycontrol-research/explainer-why-leverage-ratio-is-so-important-for-banks-4079521.html “The leverage ratio...
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    Could African Bank, Tyme Bank or any other SA bank go bankrupt during COVID recession “run on the bank”?

    I would like to make a short term investment. African Bank and Tyme Bank currently offer greater interest rates than the bigger banks (who have changed their interest rates in line with the interest rate cuts). Is my deposit safe in African Bank or Tyme Bank during uncertain times? According to...
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    FNB Money Maximiser

    There is no monthly account fee if you open the account via the FNB cellphone app. The monthly interest is dependent on economic factors and therefore is in constant flux - at the moment the interest rate is 6.05% (2020-05-06). For those not aware, you will not receiving any interest for the...
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