Banks in South Africa - Research and Markets

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 research
10.4. About the Publisher

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

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Absa Group Ltd
FirstRand Bank Ltd
Nedbank Group Ltd
Standard Bank Group Limited

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SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€347EUR$350USD£288GBP
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ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€695EUR$700USD£577GBP

Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

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