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Nash's avatar

Would be interesting to see what regional peers look like as well eg. SA big banks. I know it may not be comparing apples to apples but 🤷🏿‍♂️

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Tinashe Mukogo's avatar

Compared with Standard Bank SA in the last article it was 51% with mortgage related loans and without 15%

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Nash's avatar

Ahh fair enough, looks like standard bank is making coin from retail then, but at the same time retail defaults can come for you really quickly I imagine, with corporate you can bake in some tidy covenants to help shield from reckless mgmt teams.

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Tinashe Mukogo's avatar

Capitec probably better case study. I think their ratio would be much higher

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Nash's avatar

Must mean they’ll have v wide spreads to account for that risk. Great piece my man, will keep an eye out for more.

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Tinashe Mukogo's avatar

Thanks!

Yeah they do very high. But works out in the end.

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