| | Strong Bank Confidence Continues (Site not responding. Last check: 2007-10-20) |
 | | The strong confidence is supported by all banks recording stronger revenue flows and particularly interest income, which for the first half of 2004 was constrained by falling margins on the back of lower interest rates. |
 | | Beginning in the second half of 2004, banks have offset the lower interest rates with much stronger business volumes, and this is supported by the strong gains in property prices which have been regularly reported in the media, and continuing strong vehicle sales figures. |
 | | Although confidence in Merchant and Investment banks is equally bullish, this is not being driven by demand for debt, which remains weak in the corporate sector. |
| www.ey.com /global/content.nsf/South_Africa/10_Oct_05_Strong_Bank_Confidence_Continues (1030 words) |