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	<title>Chairman King &#187; John Biccard</title>
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		<title>South African Banking Stocks Are &#8220;Cheap&#8221; Versus Peers, Investec Says</title>
		<link>http://www.chairmanking.com/south-africa-banking-stocks-cheap-versus-peers-investec-20090713/</link>
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		<pubDate>Tue, 14 Jul 2009 02:08:28 +0000</pubDate>
		<dc:creator>Staff Writer</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Absa]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Ben Kruger]]></category>
		<category><![CDATA[Deanne Gordon]]></category>
		<category><![CDATA[FirstRand]]></category>
		<category><![CDATA[Investec]]></category>
		<category><![CDATA[John Biccard]]></category>
		<category><![CDATA[South Africa]]></category>
		<category><![CDATA[Standard Bank]]></category>

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		<description><![CDATA[South African banking stocks are trading near their biggest discount to global emerging-market peers in 10 months and investors should buy them, says John Biccard, a Fund Manager at Investec Asset Management. &#8220;We think South African banks are safer than most of their peer group as they have not been invested in so-called toxic assets,&#8221; [...]]]></description>
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