South African Banking Industry Trends Report 2022: Mobile | Techy Kings

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Dublin, 2022 November 2 (GLOBE NEWSWIRE) — The 2022 report The South African Banking Industry’ was added to ResearchAndMarkets.com offering

South Africa’s banking sector is well capitalized and its capital adequacy and liquidity ratios have remained well above the minimum regulatory requirements. Total assets of the banking sector per year until 2022 increased at the end of March, an increase in general loans and advances, investment and trading securities and short-term negotiable securities was reported.

Profitability has improved significantly. However, the operating environment remains highly volatile and the banking sector faces increased domestic and global risks, including the possibility of international blacklisting due to South Africa’s failure to implement adequate measures to prevent illicit money flows.

Trends

Mobile and digital banking is a key driver of financial inclusion in South Africa. Despite the uptake of digital banking, cash transactions are common and banking continues to be dominated by cash withdrawals, which are often carried out at supermarkets. Many banks are consolidating and closing underserved branches and ATMs. Demand for credit is increasing, and rising inflation and interest rates are putting increasing pressure on consumers and increasing the risk of bad debt. Cybercrime poses an increasing threat to banking service providers and their customers, and money laundering is on the rise.

Financial inclusion

South Africa’s formal financial inclusion is over 90%, and various banks offer products to low-income earners. Cooperating financial institutions and microfinance institutions play a key role in financial inclusion. Stakeholders say the shift to formal savings platforms has accelerated since 2020.

Notice of coverage

This report covers the South African banking sector, including mainstream commercial banks, development banks, central bank, digital banks, microfinance and banks. This includes detailed information on the size and health of the sector, industry statistics and performance indicators, rankings, corporate actions and other developments.

There are 81 company profiles, including major banks such as FirstRand (FNB), ABSA, Standard, Nedbank, Capitec and Investec, development banks such as Land Bank and relatively new players such as TymeBank and Bank Zero.

Main topics covered:

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY FIELD
2.1. Industry value chain
2.2. Geographical position
2.3. Industry size
2.4. Key success factors and pain points

3. LOCAL
3.1. Industry situation
3.2. Main trends
3.3. Famous players
3.4. Company actions
3.5. Regulations
3.6. Enterprise development and social economic development

4. AFRICA

5. INTERNATIONAL

6. FACTORS OF INFLUENCE
6.1. War in Ukraine
6.2. Economic environment
6.3. COVID-19
6.4. Financial inclusion
6.5. Technology, research and development (R&D) and innovation
6.6. Government support
6.7. Work
6.8. Cryptocurrency
6.9. Crime
6.10. Environmental issues

7. COMPETITIVE ENVIRONMENT
7.1. Competition
7.2. Industry ownership structure
7.3. Barriers to entry

8. SWOT ANALYSIS

9. REVIEW

10. INDUSTRY ASSOCIATIONS

Select the mentioned companies:

  • 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 Staff Fund
  • 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
  • CT 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 NA.
  • CNH Industrial Capital Europe SAS
  • Co-Operative Switch (Pty) Ltd (The)
  • Deutsche Bank AG
  • Development Bank of South Africa
  • Diners Club (SA) (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 Clothing 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 NA
  • 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

For more information on this report, visit https://www.researchandmarkets.com/r/1hz7jd

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