South African banks are being battered by rising defaults at their corporate and retail units as the country battles its first recession in 17 years and consumers struggle to pay back loans.

• 随着南非遭受17年以来第一次经济衰退，其国内消费者挣扎在还贷泥潭里，南非国内银行的公司和个人贷款拖欠不断恶化，银行业正饱受打击。