South Africa strips Land Bank debt of high quality asset status
South Africa’s central bank
will no longer allow commercial lenders to use debt issued by
state-owned Land Bank to meet their capital adequacy
requirements as they are longer considered a “high quality
liquid asset”.
will no longer allow commercial lenders to use debt issued by
state-owned Land Bank to meet their capital adequacy
requirements as they are longer considered a “high quality
liquid asset”.
Posted by Reuters
