iPhone Discussion South African Banking Sector Analysis
Southern region Africa financial industry is well-developedand highly liberalized. It is one of the biggest and most deregulated areaswithin the growing markets. The industry is suffering from significantdevelopment, repel the international economic recession. The financialresources matured at a CAGR of around 19% between 2002 and 2008, far higherthan experienced by the international financial industry, says "SouthAfrica Banking Sector Analysis", a latest report by RNCOS.
Our conclusions show that the Southern region Africafinancial institutions have mostly been secured from the direct effects of theinternational financial trouble. Home financial institutions did not investintensely in high-risk investments or complicated equipment, and have managed atraditional and relatively traditional business. They have managed greatloaning requirements and experienced great earnings for a period of time. Withlow levels of foreign financing, the financial institutions have limitedactivity outside the Africa place.
We have also found that future of loan agencies can be foundmainly in personal financial (especially the lower end of the market) and thesmall and medium-sized business industry. The financial institutions need tofocus more on development in the domestic economic climate in the future. Giventhe latest growth in cell mobile phones and online convenience, another keyarea for development will be the telephone and online financial.