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An international banking advisory group known as LAFFERTY has rated South African banks as the strongest globally.
The five South African banks in the study included Absa, Capitec,First Bank, Nedbank and standard Bank.
These banks have remained thesame regarding the recession period faced by RSA. Their services are still up to expectations.
Note should be taken this is the second year in a row in which South African banks are been rated world class.