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Banks in South Africa

Best Price Guarantee Length Publisher Published Date SKU
from $350 46 Pages MarketLine May, 2024 MTLN19099934
Best Price Guarantee
Price from $350
Length 46 Pages
Publisher MarketLine
Published Date May, 2024
SKU MTLN19099934

Banks in South Africa
Summary

Banks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers.
  • The South African banks industry group recorded assets of $512.1 billion in 2023, representing a compound annual growth rate (CAGR) of 4.2% between 2018 and 2023.
  • The bank credit segment accounted for the industry group's largest proportion in 2023, with total assets of $354.6 billion, equivalent to 69.3% of the industry group's overall value.
  • In 2023, the revenue of the South African banks industry group witnessed an annual growth of 4.8% due to the rise in interest rates and substantial demand for loans. According to the South African Reserve Bank, the interest rate in the country reached 9.25% in June 2023.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in South Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in South Africa
  • Leading company profiles reveal details of key banks market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Africa banks market with five year forecasts
Reasons to Buy
  • What was the size of the South Africa banks market by value in 2023?
  • What will be the size of the South Africa banks market in 2028?
  • What factors are affecting the strength of competition in the South Africa banks market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Africa's banks market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What have been the recent M&A activities?
8 Company Profiles
8.1. Absa Group Ltd
8.2. FirstRand Bank Ltd
8.3. Nedbank Group Ltd
8.4. Standard Bank Group Limited
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Africa banks industry value: $ billion, 2018-23
Table 2: South Africa banks industry category segmentation: % share, by value, 2018-2023
Table 3: South Africa banks industry category segmentation: $ billion, 2018-2023
Table 4: South Africa banks industry geography segmentation: $ billion, 2023
Table 5: South Africa banks industry value forecast: $ billion, 2023-28
Table 6: South Africa banks industry share: % share, by value, 2023
Table 7: Absa Group Ltd: key facts
Table 8: Absa Group Ltd: Annual Financial Ratios
Table 9: Absa Group Ltd: Key Employees
Table 10: Absa Group Ltd: Key Employees Continued
Table 11: FirstRand Bank Ltd: key facts
Table 12: FirstRand Bank Ltd: Key Employees
Table 13: Nedbank Group Ltd: key facts
Table 14: Nedbank Group Ltd: Annual Financial Ratios
Table 15: Nedbank Group Ltd: Key Employees
Table 16: Standard Bank Group Limited: key facts
Table 17: Standard Bank Group Limited: Annual Financial Ratios
Table 18: Standard Bank Group Limited: Key Employees
Table 19: Standard Bank Group Limited: Key Employees Continued
Table 20: South Africa size of population (million), 2019-23
Table 21: South Africa gdp (constant 2005 prices, $ billion), 2019-23
Table 22: South Africa gdp (current prices, $ billion), 2019-23
Table 23: South Africa inflation, 2019-23
Table 24: South Africa consumer price index (absolute), 2019-23
Table 25: South Africa exchange rate, 2019-23
List of Figures
Figure 1: South Africa banks industry value: $ billion, 2018-23
Figure 2: South Africa banks industry category segmentation: $ billion, 2018-2023
Figure 3: South Africa banks industry geography segmentation: % share, by value, 2023
Figure 4: South Africa banks industry value forecast: $ billion, 2023-28
Figure 5: Forces driving competition in the banks industry in South Africa, 2023
Figure 6: Drivers of buyer power in the banks industry in South Africa, 2023
Figure 7: Drivers of supplier power in the banks industry in South Africa, 2023
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in South Africa, 2023
Figure 9: Factors influencing the threat of substitutes in the banks industry in South Africa, 2023
Figure 10: Drivers of degree of rivalry in the banks industry in South Africa, 2023
Figure 11: South Africa banks industry share: % share, by value, 2023

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