(EMAILWIRE.COM, August 10, 2009 ) New Delhi, India - According to “South African Banking Sector Analysis”, a recent research report from RNCOS, with the expanding lending services, the banking assets in South Africa are forecasted to increase at a CAGR of 18.7% between 2009 and 2013.

The banks in the country continue lending despite economic slowdown in the world. The bank loans and advances grew at a CAGR of about 17.8% during 2002-2008. The demand for credit by the corporate sector picked up considerably in an attempt to expand production capacity and increase inventories to meet the growing household demand. Moreover, the demand for credit by the corporate sector has also been picking up in the recent years—despite the growing use by companies of non-bank sources of credit such as corporate bonds and commercial paper—driven by fixed investment and infrastructure spending.

We have found that the sector has mainly been protected from the direct effects of the global economic slump. Domestic banks have restrained from investing in high-risk securities and have upheld a traditional and conservative banking model. With relatively high lending standards, the banks are expected to enjoy high profitability over the forecast period (2009-2013).

We believe that the future of the South African banking sector lies in personal banking and the small and medium-sized business loans. The banks, in particular, should focus more on expansion of their operations in the domestic economy in coming years. In view of boom in Internet accessibility and mobile phone penetration, telephone and Internet banking has emerged as another key area for growth.

“South African Banking Sector Analysis” is a comprehensive research report that comprises quality research and in-depth analysis on the banking sector of South Africa. It studies the emerging market trends, recent developments and their impact on the sector. The report will help clients to analyze the leading-edge opportunities, key players, expected future outlook and all the other factors which are critical to the success of a new entrant in the South African banking sector.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM080.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

Contact Information:
RNCOS
Shushmul Maheshwari
Tel: 91-11-4214-1229
Email us


This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.