As at the end of March 2021, the total domestic assets of the South African banking industry were approximately R5 521 billion. This was about R25 billion lower than the total balance sheet of the banks in our previous Survey, at approximately R5 546 billion. The Survey in March 2020 recorded an extraordinary month-on-month increase of R258 billion. Month-on-month growth in total industry balance sheets since then have been negative for 6 out of the 12 months until March 2021.

During the past year, the governance of COEFS remained an important focal point with the appointment of a new chairman, Mr. Bert Chanetsa for a term of three-years, and the finalisation of the board charter.We welcomed new board members Ms. Karabo Morule, the former Managing Director of Old Mutual Personal Finance and Ms. Bongi Kunene, the incoming Managing Director of The Banking Association South Africa to the board.We also said goodbye to Mr. Leon Campher with his role at ASISA increasingly demanding more of his time to be committed to national initiatives to rebuild the economy.

As at the end of September 2020, the total domestic assets of the South African banking industry were approximately R5 546 billion. This was about R11 billion lower than the total balance sheet of the banks in March 2020 at R5 558 billion, reflecting the unprecedented growth in month-on-month lending for March 2020 of R258 billion. This survey also includes questions relating to the impact of COVID-19 and resulting lockdown regulations as well questions related to renewable energy

The latest release of the South African Bank Lending Practices Survey, which measures credit lending sentiment of senior credit practitioners across the industry, can now be linked to measurable outcomes.

The latest release of the South African Bank Lending Practices Survey, which measures lending sentiment of senior credit practitioners across the industry, continues to…

The World Economic Forum (WEF) Global Competitiveness Report (GCR) is an annual report designed to assess competitiveness pillars of economies around the world, with the aim of influencing policy decisions and economic development strategy for …