The financial results of South Africa’s four major banks (Absa, First Rand, Nedbank and Standard Bank) for the 31 December 2011 reporting period are a positive reflection of the financial health of the industry, they show that the banks have weathered the recent global economic uncertainty well. This is a key finding of PwC’s second annual survey of South Africa’s major banks, launched on 14 March 2012. The report explores the results of the major banks, including their concerns, opinions on growth areas, and trends within the industry.
In this issue:Previous editions of the South Africa – Major Banks Analysis: