Banking Sector in South Africa Gives an Account of How Banking Loans Grew With A CAGR Value 39.99% For 2001 To 2005, Representing a Four-Fold Growth Since 2001.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c47737) has announced the addition of Banking Sector in South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. to their offering. The "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 The Mzansi Account is a low income transactional banking account that was developed in line with the commitments of South Africa's Financial Sector Charter. The Financial Sector Charter requires banks to make banking more accessible to the nation and, specifically, to increase , 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 a·mal·ga·mate v. a·mal·ga·mat·ed, a·mal·ga·mat·ing, a·mal·ga·mates v.tr. 1. To combine into a unified or integrated whole; unite. See Synonyms at mix. 2. Banks of South Africa (ABSA ABSA American Biological Safety Association ABSA Amalgamated Banks of South Africa ABSA Alberta Boilers Safety Association ABSA Aerolinhas Brasileiras S.A. ABSA Action à Bon de Souscription d'Action ABSA Australian Boarding Staff Association Inc. ), FirstRand, Investec Limited, Citi group, Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank , ABN Amro ABN AMRO Algemene Bank Nederland-Amsterdam Roterdam Bank (Dutch bank) Holding N.V, and JPMorgan Chase JPMorgan Chase (NYSE: JPM TYO: 8634 ) is one of the oldest financial services firms in the world. The company, headquartered in New York City, is one of the leaders in investment banking, financial services, asset and wealth management and private equity. With assets of $1. & 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 India? * 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 Black Economic Empowerment (BEE) is a program launched by the South African government to redress the inequalities of Apartheid by giving previously disadvantaged groups (black Africans, Coloureds and Indians) economic opportunities previously not available to them. ) 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 CAGR See: Compound Annual Growth Rate 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 Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. 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 judg·men·tal adj. 1. Of, relating to, or dependent on judgment: a judgmental error. 2. Inclined to make judgments, especially moral or personal ones: Forecasting and Cause and Effect Analysis. Content Outline: 1. Analyst View 2. Research Overview 3. Overview of Worldwide Banking Sector 4. Industry Overview 5. Industry Performance 6. Industry Analysis 7. Key Players 8. Annexure List of Tables List of Figures Companies Mentioned: * Standard Bank of South Africa * FirstRand Limited * Nedbank Group Limited * Investec Limited * ABSA Bank Limited * Citi Group Inc. * Deutsche Bank * ABN AMRO Holding N.V * JPMorgan Chase & Co. (JPMorgan Chase) For more information visit http://www.researchandmarkets.com/reports/c47737 |
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