RNCOS’ “Banking Sector in South Africa” report provides extensive research and objective analysis on the growing banking industry, their product quality, and services in South Africa. This report helps clients to analyze the leading-edge opportunities critical to the success of the banking Industry in South Africa. Detailed data and analysis helps investors, financial service providers, and global banking players navigate the evolving market of banks in South Africa.
Key Products Analyzed
Key products like Deposits, Mzansi account, Credit Cards, loans and ATM facility are analyzed supported by the facts like revenue and the market trends.
Key Players
This section provides the overview, key facts financial information future plans and business strategies of prominent players like Standard Bank of South Africa (Stanbic), Nedbank, Amalgamated Banks of South Africa (ABSA), FirstRand, Investec Limited, Citi group, Deutsche Bank, ABN Amro Holding N.V, and JPMorgan Chase & Co. (JPMorgan Chase).
Key Issues and Facts Analyzed
The research report also addresses the issues and facts that are critical to your success:
- What does the competitive market landscape look like for the South Africa Banking Industry?
- How the services drive the Banking Sector in South Africa?
- What are the various opportunities and challenges before this industry?
- What are the most prospective areas for banks to invest in near future?
- Which factors will lead to the growth of financial cards, loans and deposits in South Africa?
- How financial sector charter and BEE (Black Economic Empowerment) are affecting the banking sector in South Africa?
- What is the effect of Mzansi accounts on banking sector of South Africa?
Key Findings
- Banking loan grew with a CAGR value 39.99% for 2001 to 2005, representing a four-fold growth since 2001.
- The percentage of population in the age group of 15-64 years will lead to an increase in the demand for the products, such as loans for education, housing, and personal use. There shall also be an increase in insurance policies, mutual funds, and other related products.
- Private banking, brokerage, listings and structured finance – tax will be less important in future as these are going to be less profitable segments of the banks than Treasury, Commercial Lending, Retail Loans and Deposits.
- Due to the increase in operating expenses of banks in areas related to information-technology enabled systems and personnel costs, the efficiency ratio of the banking sector deteriorated from 63.9% in December 2004 to 66.3% in December 2005.
- Mortgage loans constituted the biggest portion of total loans and advances, followed by overdrafts and other loans for South Africa banking sector.
Research Methodology Used
Information Sources
Information has been sourced from namely, books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to access to more than 3000 paid databases.
Analysis Methods
Methods used for analyzing the facts and figures given in this report include: Ratio Analysis, Historical Trend Analysis, Judgmental Forecasting and Cause and Effect Analysis.
