China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

September 2005

South Africa: Banks tempt foreign players



Further banking sector consolidation is on the cards in South Africa, analysts predict, as projected GDP growth of more than 4% for 2005 tempts foreign players in.

FirstRand Bank is top of the list of likely targets, with Standard Chartered and Citigroup said to be among possible contenders.

Fitch upgraded the sovereign to BBB+ from BBB at the...


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