by Gerhard Engelbrecht | Nov 16, 2021 | Banks
BA900 – Sep 21. Standard Bank maintaining its growth momentum Annual growth rates in the SARB’s gross loans and advances category accelerated from 1.9% in August to 3.7% in September. Retail annual loan growth of 5.9% has remained in line with August with corporate...
by Gerhard Engelbrecht | Oct 14, 2021 | Banks
Annual growth rates in the SARB’s gross loans and advances category has accelerated from 1.2% in July to 1.9% in August and in value terms is now ahead of the prior peak seen in March 2020. Retail loan growth is faring far better than corporate (5.9% vs -3.3%) and has...
by Gerhard Engelbrecht | Sep 14, 2021 | Banks
Annual growth rates in the SARB’s gross loans and advances category is recovering after negative growth was recorded in March, April and May. In absolute Rand terms this category is at the same level it was in March 2020. On our methodology, industry advances growth...
