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  • Lessons from the Covid-19 pandemic in South Africa

    • January 30, 2023
    • Posted by: Administrator
    • Categories: News, Publication, Reports
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    With both a health crisis and a mobility crisis, caused by the restrictions of a National State of Disaster, the financial sector adapted their contingency plans for a financial crisis, to place the customer at the centre while rapidly shifting to a work from home environment for everyone, never anticipated by a highly regulated and conservative sector. This research covers the impact of Covid-19 on the financial sector in South Africa.

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  • Grounding Butterflies so change can take place

    • August 31, 2022
    • Posted by: Asande Mahlaba
    • Categories: News, Opinion Pieces
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    Gordon Gecko said “greed is good” in the movie Wall Street. I say change is good. It has influenced my professional journey and has had an enriching effect on my career. Now, as a coach and capacity builder,in the words of an African proverb, I am “lighting other candles”.

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  • South African bank lending practices survey WP/2021/11

    • February 17, 2022
    • Posted by: Asande Mahlaba
    • Categories: News, Publication, Reports
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    Since our March 2021 Survey, we experienced rioting and looting in KwaZulu Natal and other provinces during July. The subsequent month-on-month data does not show a noticeable change in bank lending as a result thereof.

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  • The Archegos saga demonstrates once again that banks’ and financial institutions’ quest for huge returns trumps prudent risk management OP/2022/01

    • January 23, 2022
    • Posted by: Asande Mahlaba
    • Categories: News, Opinion Pieces
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    Is it a question of shortness of memory on the part of financial institutions, or is it just a matter of the prospect of huge returns making risky investment decisions worthwhile? Whatever the motivation, the Archegos implosion has prompted regulators in the US, UK, Switzerland and Japan to investigate the risk controls of eight major banks including Credit Suisse, Nomura, Morgan Stanley, UBS, MUFG and Mizuho, who collectively suffered losses in excess of US$10 billion.

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  • Measuring competition in banking

    • November 3, 2021
    • Posted by: Asande Mahlaba
    • Categories: News, Publication, Reports
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    The most popular method of measuring competition in banking is the Herfindahl-Hirshman index that measures concentration as a proxy for competition. We examine 17 different mathematical models used to measure competition and begin framing the challenges that need to be considered to ensure that policy decisions, driven by competition concerns, will have the greatest positive impact on social welfare.

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  • South African bank lending practices survey WP/2021/10

    • October 19, 2021
    • Posted by: Asande Mahlaba
    • Categories: News, Publication, Reports
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    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.

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  • Stakeholder Engagement Report 2019/20

    • July 21, 2021
    • Posted by: Nonceba Qabazi
    • Categories: News, Stakeholder Reports
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    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.

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  • South African bank lending practices survey WP/2020/09

    • December 18, 2020
    • Posted by: Nonceba Qabazi
    • Categories: News, Publication, Reports
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    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

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  • New board membership

    • September 30, 2020
    • Posted by: Nonceba Qabazi
    • Category: News
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    The Centre of Excellence in Financial Services is proud to announce the appointment of Ms. Bongiwe Kunene as an independent non-executive director.

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  • South African bank lending practices survey WP/2020/08

    • August 5, 2020
    • Posted by: Nonceba Qabazi
    • Categories: News, Publication, Reports
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    During the six months to March 2020, new domestic lending of approximately R330 billion had been created, almost R100 billion more than the previous period ending September 2019

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