State-owned bank with R10 billion in assets in serious financial trouble

• Postbank's capital adequacy ratio (CAR) fell to 1.62% in the 2025/26 fiscal year.
• This is well below international banking standards, which mandate a minimum CAR of 8%, and puts Postbank and its customers in a highly precarious position. Postbank achieved 79% of its Annual Performance Plan targets for the year, a notable improvement from 44% in 2024/25 and just 12% in 2023/24.
• The bank reported a significant increase in net interest income to R715.5 million in 2025/26, but also recorded a 56.7% drop in net fee and commission revenue to R60.4 million.