Abstract
The South African banking industry is experiencing significant growth,
especially in terms of banking assets. During 2003-2006, asset growth recorded
in the South African banking industry was higher than that witnessed in the
global banking industry (though it was lower in 2004), according to "South
African Banking Sector Analysis", a new research report by RNCOS.
Foreign Direct Investment (FDI) plays a considerable role in the development
of South Africa' s economy. The number of multinationals with direct
investments or employees in South Africa is increasing fast. Additionally, EU
accounted for approx 66% of net foreign investment in South Africa in 2003 and
2004, and in 2005, EU' s share in the total assets held by foreigners in South
Africa amounted to around 60%.
The research report provides valuable year on year trend analysis on the
growing banking industry, and products and services offered by it. Its a
thorough study on the structure of the South African banking industry and
gives a detailed analysis of the driving and restraining forces operating in
the industry.
Key Findings
- The YOY banking industry deposits in South Africa increased by 24.4% in
2006 as compared to a 19.8% YOY hike in 2005.
- During 2002-2006, banking loans grew at a CAGR of 18.03% due to lower
interest rate and rising consumer expenditure in South Africa.
- The number of credit card purchases increased at a CAGR of 13.18% between
2002 and 2006.
- Rising disposable income, along with other factors, will drive the South
African banking industry deposits to grow at a projected CAGR of 4.8% by 2011.
- During 2007-2011, net interest income of the South African banking
industry is expected to surge at a CAGR of 13.19% due to rising interest
margins and soaring return on banking investments.
Key Issues & Facts Analyzed
- Market analysis of different product segments in the South African banking
industry.
- Evaluation of present and its future market trends.
- Factors pushing the banking industry of South Africa toward growth.
- Analysis of challenges and growth prospects for the industry.
- Competitive landscape of the industry.
Key Players
This section provides overview and key financials of prominent domestic and
foreign players like ABSA Group Limited, Investec Limited, FirstRand Limited,
Citibank N.A., Deutsche Bank AG, JPMorgan Chase & Co. (JPMorgan Chase), State
Bank of India, etc.
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade journals, and white
papers, industry portals, government agencies, trade associations, monitoring
industry news and developments, and through 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.
View Cart
