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South African banks are safe

The south African banking sector is in good health despite the international banking meltdown

19 September 2008 · Staff Writer

South African banks are safe

By Madoda Milazi
From The Times

South African banks remain safe for money market investments, despite the turmoil in the US and UK.

Justmoney.co.za says:

When not sure, get independant verification, so not only is Tito not worried, neither are the analysts. This means you can feel safe in opening a new bank account, or starting a savings account. But you should still pay off your credit card.

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