orangeblock

South Africa banking outlook 2018: An oasis Of stability in a weak operating environment

05 February 2018 | | Standard & Poor's

Weeks into 2018, South Africa's banking sector is still stable, although the domestic economy continues to struggle with low growth.

The outlooks on all rated South African banks are stable for the first time since 2013. Thanks to their fairly robust financial performance, these banks have found a balance between weak economic growth and low investor and household confidence in South Africa.

To see Ratings Direct Commentary click here.

 

South Africa banking outlook 2018: An oasis Of stability in a weak operating environment
quick poll
Question

COFI is coming, bringing a wave of change for financial planners. Which one of the following disruptors will have the biggest impact on your business?

Answer