Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report offering an invaluable analysis of the Banking Sector in South Africa.
South African Banking Sector Analysis offers an elaborate account of the fast growing banking industry of South Africa. The industry is experiencing significant growth, especially in terms of banking assets. During 2003-2006, asset growth recorded in the South African; the country’s banking industry was higher than that witnessed in the global banking industry.
According to the 80-page report, the capital adequacy ratio (CAR) of the industry also increased from 12.3% in December 2006 to 12.8% in December 2007, with banks maintaining their CARs above the minimum requirement of 10%. Furthermore, analysing the growing banking industry of South Africa, the report provides an invaluable year-on-year trend analysis on the growing products and services offered by it. It’s a thorough study on the structure of the industry and gives a comprehensive overview of the driving and restraining forces operating in the industry.
Key findings of the report include:
- Banks deposits in South Africa are forecast to grow at a CAGR of about 9% during 2008-2012.
- Banks loans are projected to expand at a CAGR of 10.16% during 2008-2012.
- Mortgage loans, and overdrafts and loans represented the largest portions of loans and advances, amounting to 40% and 22.5% respectively at the end of December 2007.
- The number of credit card transactions increased at a CAGR of 12.3% between 2002 and 2007.
- Net interest income of South African banks is forecast to grow at a CAGR of 6.2% during 2008-2012.
South African Banking Sector Analysis
Report Buyer product ID: RCS00408
Report Buyer category: Banking & Finance
