Market Overview

The Banking Industry in South Africa 2018 - As of 31 December 2017, the Five Largest Banks Holds 91% of Total Assets -


The "The
Banking Industry in South Africa 2018"
report has been added to's

The South African banking sector which has total assets of
R5.14-trillion, remains highly concentrated with the five largest banks
holding 91% of total assets as of 31 December 2017.

While the country's big banks dominate, the sector is also diversified
with 36 South African banking institutions registered with the Reserve
Bank and 30 foreign banks with approved representative offices in South
Africa. There are over 6,000 credit providers registered with the
National Credit Regulator.

The banking landscape is changing rapidly as banks face increasing
competition from technology-based financial services - from newly
established banks to retailers offering mobile transactional banking

Competition coming from newly-licensed commercial banks and growing
credit granting from other credit providers is likely to encourage the
big four banks to place increasing emphasis on growing customer numbers
with innovative product offerings, especially to attract lower-income

Competition from newly established Discovery Bank, Bank Zero and
TymeDigital, which aim to disrupt the sector, may force big banks to
intensify efforts to modernise technology platforms to satisfy
customers' demand.

Report Coverage

As well as focusing on developments in the commercial banking sector,
the detailed Banking Industry report includes information on Other
Credit Granting, Lease Financing, and Loyalty and Reward Programmes.

The report includes details on 90 organisations, fintech, digital
banking, cryptocurrencies and other new technologies influencing the
sector, as well as recent corporate actions and developments such as the
demise of VBS Bank and the Competition Commission's ongoing
investigation into 17 banks relating to price fixing and market
allocation in the trading of foreign currency.

It includes details on the restructuring of overseas shareholdings in
local commercial banks, resulting in the reorganisation of the Old
Mutual Group and sell-down by Barclays of its stake in Barclays Africa
with implications for two of the big banks, Nedbank and Absa.

Key Topics Covered

1. Introduction

2. Description of the Industry

3. Size of the Industry

4. State of the Industry

5. Influencing Factors

6. Competition

7. SWOT Analysis

8. Outlook

9. Industry Associations

10. References

Companies Profiled

  • Absa Bank Ltd.
  • African Bank Ltd.
  • African Dawn Capital Ltd.
  • Albaraka Bank Ltd.
  • Ariva Rentals (Pty) Ltd.
  • Bank of China Ltd.
  • Bank of Taiwan
  • BNP Paribas SA
  • Canara Bank
  • Capital Harvest (Pty) Ltd.
  • Capitec Bank Ltd.
  • Citibank NA
  • Clicks Group Ltd.
  • Comair Ltd.
  • Diners Club (SA) (Pty) Ltd.
  • Dis-Chem Pharmacies Ltd.
  • Discovery Ltd.
  • Edcon Ltd.
  • Finbond Group Ltd.
  • FirstRand Bank Ltd.
  • Foschini Group Ltd. (The)
  • Investec Bank Ltd.
  • Lewis Group Ltd.
  • NBC Holdings (Pty) Ltd.
  • Nedbank Ltd.
  • OSK Kooperatiewe Bank Ltd.
  • Phakamani Foundation
  • Pick n Pay Stores Ltd.
  • Primedia (Pty) Ltd.
  • SA Home Loans (Pty) Ltd.
  • Transaction Capital Ltd.
  • Ubank Ltd.
  • VBS Mutual Bank
  • Virtual Market Place (Pty) Ltd.
  • and many more...

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