SOUTH African banks have revealed that replacing 1,400 automatic teller machines (ATMs) vandalised and looted during recent violent unrest could take about two months. As much as R20- million rand could have been taken, "however that is a rough estimate," according to Bongiwe Kunene, managing director of the Banking Association South Africa. Days of riots and looting earlier this month left more than 300 people dead and damaged thousands of businesses, including 269 bank branches. Banks are still assessing the extent of the damage and developing recovery plans, with the indicative average replacement cost of an ATM at 385 000…