(MENAFN- PR Newswire) DUBLIN, Nov. 15, 2022 /PRNewswire/ --
The 'banking industry in south africa 2022' report has been added to
ResearchAndMarkets.com's offering.
South Africa's banking sector is well capitalised and its capital adequacy and liquidity ratios have remained well above minimum statutory requirements. Total banking sector assets increased in the year to end-March 2022, with increases reported in gross loans and advances, investment and trading securities and short-term negotiable securities.
Profitability improved significantly. However, the operating environment remains highly volatile and the banking sector is facing elevated domestic and global risks, including the possibility of being placed on an international grey list over South Africa's failure to implement adequate measures to prevent illicit money flows. Trends Mobile and digital banking are key drivers of financial inclusion in South Africa. Despite the uptake of digital banking, cash transactions are prevalent, and banking activity continues to be dominated by cash withdrawals, which are often made at supermarket till points. Many banks are consolidating and closing underserved branches and ATMs. Demand for credit is rising, and rising inflation and interest rates are placing consumers under growing pressure and increasing the risk of bad debt. Cybercrime poses a growing threat to banking service providers and their customers, and money-laundering is on the increase. Financial Inclusion South Africa's formally financially included is high at over 90% and various banks offer products for low-income earners. Co-operative financial institutions and microfinance institutions play a fundamental role in financial inclusion. Stakeholders say that migration to formal savings platforms has accelerated since 2020. Report Coverage This report covers the banking industry in South Africa including the major commercial banks, development banks, central bank, digital banks, microfinancing and stokvels. It includes comprehensive information on the size and state of the sector, industry statistics and performance indicators, rankings, corporate actions and other developments.
There are profiles of 81 companies including the major banks such as FirstRand (FNB), ABSA, Standard, Nedbank, Capitec and Investec, development banks such as the Land Bank and relatively new players such as TymeBank and Bank Zero. Key Topics Covered: 1. INTRODUCTION 2. DESCRIPTION OF THE INDUSTRY 2.1. Industry Value Chain2.2. Geographic Position2.3. Size of the Industry2.4. Key Success Factors and Pain Points 3. LOCAL 3.1. State of the Industry3.2. Key Trends3.3. Notable Players3.4. Corporate Actions3.5. Regulations3.6. Enterprise Development and Social Economic Development 4. AFRICA 5. INTERNATIONAL 6. INFLUENCING FACTORS 6.1. The War in Ukraine6.2. Economic Environment6.3. COVID-196.4. Financial Inclusion6.5. Technology, Research & Development (R&D) and Innovation6.6. Government Support6.7. Labour6.8. Cryptocurrency6.9. Crime6.10. Environmental Issues 7. COMPETITIVE ENVIRONMENT 7.1. Competition7.2. Ownership Structure of the Industry7.3. Barriers to Entry 8. SWOT ANALYSIS 9. OUTLOOK 10. INDUSTRY ASSOCIATIONS Select Companies Mentioned:
Absa Bank Ltd Access Bank South Africa Ltd African Bank Ltd African Dawn Capital Ltd Afriticket System (Pty) Ltd Agribel Capital (Pty) Ltd AgricReview (Pty) Ltd AgriRewards (Pty) Ltd Albaraka Bank Ltd Alicerose Nominee (Pty) Ltd All In One Vermietung GmbH API Capital (Pty) Ltd Axis Security Services Ltd BA Excepted Group Life Scheme Ltd BA Holdco Ltd BANCO Bocom BBM SA Bank of China Ltd Bank of Taiwan Co. Ltd Bank Zero Mutual Bank Barko Financial Services (Pty) Ltd Baroda Pioneer Asset Management Co Ltd Batho Bonke Absa HDSA Employee Trust Bemax International (Pty) Ltd Bidvest Asset Management (Pty) Ltd Blue Holdings (Pty) Ltd BNP Fortis Factor NV BNP Paribas Commercial Finance Ltd BOC International (China) Ltd BoCom International Holdings Company Ltd BOCOM Wealth Management Co Ltd Buyers Trust Investment Solutions (Pty) Ltd C T International Financiers (Pty) Ltd Capital Harvest (Pty) Ltd Capitec Bank Ltd Cavalry Holdings Ltd CCB Financial Asset Investment Corporation Ltd CH Risk and Securities (Pty) Ltd China Construction Bank Corporation Citibank N.A. CNH Industrial Capital Europe SAS Co-Operative Switch (Pty) Ltd (The) Deutsche Bank AG Development Bank of Southern Africa Diners Club (S A) (Pty) Ltd Direct365Online Ltd Discovery Ltd East Africa Investment (Mauritius) Ltd FHP Managers (Pty) Ltd Finamics Accounting Services (Pty) Ltd Finbond Group Ltd FinGlobal Finance (Pty) Ltd FireID Payments (Pty) Ltd First Garment Rental (Pty) Ltd FirstRand Bank Ltd GBS Mutual Bank Geniob Trading (Pty) Ltd Gloster Farm (Pty) Ltd Golden Fountain Finance Ltd Grindrod Bank Ltd Habib Overseas Bank Ltd HBZ Bank Ltd HKFT Properties (Pty) Ltd HSBC Bank PLC ICICI Bank Ltd Imfundo Finance (RF) (Pty) Ltd Industrial Development Corporation of South Africa Ltd Investec Bank Ltd Ithala Development Finance Corporation Ltd JCB Finance Holdings Ltd JPMorgan Chase Bank N.A. Lewis Group Ltd Mortgage Max (Pty) Ltd MTN Group Ltd NBC Holdings (Pty) Ltd Nedbank Ltd NQ Plus Networks (Pty) Ltd Old Mutual Finance (RF) (Pty) Ltd Oltio Holdings (Pty) Ltd Ooba (Pty) Ltd
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