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August 1, 2008

How bad are bank's BEE stings

SA's big-four banks all chose different methods of structuring their BEE deals when they were established three or four years ago. Which of these structures is holding up best - and worst - now that the international banking crisis is pressuring these BEE deals?

All the deals are in their very early stages, so none can seriously be considered at risk at this stage. But in general, BEE structures are designed for growth, and are in part intended to take advantage of growth to spread ownership.

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Posted by StaffWriter at August 1, 2008 7:31 AM