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23 Dec 2020

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Four big banking moments of 2020

Londiwe Buthelezi

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This year might not have disrupted the sector as the 2008/09 global financial crisis did, but it will likely get a mention in the banking history books.

This year might not have disrupted the sector as the 2008/09 global financial crisis did, but it will likely get a mention in the banking history books.

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The 2008/09 global financial crisis will go down as the most challenging period for the banking sector, with 2020 not too far behind. However, South Africa was evidently well capitalised and more prepared to deal with the kind of disruption 2020 would lay at its door.

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