South Africa will not rush to hit banks with vastly increased capital adequacy ratios, the South African Reserve Bank's (Sarb) Financial Stability Review, released on Wednesday, said.

While the country was committed to engaging in the international discussion on capital ratios, the central bank said "not all these reform proposals are equally appropriate for South Africa." Introducing the report, Xolile Guma, a deputy governor of the central bank, pointed out that the country's lenders were