SA Banks

BA900 – February 2022. Nedbank the most consistent performer, for the wrong reasons though. Annual growth rates in the SARB’s gross loans and advances category improved from 4% in Jan 22 to 4.2% in Feb 22. It’s been around these levels for the past quarter. On our...

SA Banks

BA900 – Jan 21. FirstRand maintains positive momentum. Deposit growth slips. On our methodology, industry advances growth is 4.3% YoY, with 0.3% MoM. All categories had positive MoM growth apart from commercial mortgages (-0.7%) and foreign currency loans (-4.1%)....

SA Banks

BA900 – Dec 21. Absa dominates 2021 with the best advances and deposit growth. FirstRand has a strong 2H21. Nedbank lagging in most categories. Annual growth rates in the SARB’s gross loans and advances category declined from 5.2% in Nov 21 to 4.4% in Dec 21. On our...

SA Banks

SARB Bank Data Review – positive trends in 2021 The SARB has published its banking sector data for December 2021, allowing us to perform a review of the years financial performance. This should provide some insight into the financial year end trends that will be...

SA Banks

BA900 – Nov 21.  Absa in a class of its own Annual growth rates in the SARB’s gross loans and advances category accelerated from 2.5% in October to 5.2% in November, rising an impressive 2.5% MoM. The rise emanated mainly from Corporate lending (+3.3%). Retail...

SA Banks

BA900 – Oct 21.  FirstRand showing signs of life again Annual growth rates in the SARB’s gross loans and advances category decelerated from 3.7% in September to 2.5% in October, declining in value in October. The decline emanated from Corporate lending which...