South African banks have delivered solid returns since the post-Covid lows. However, as economic growth remains weak, interest rates drift lower, and...
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- IT-ONLINE.CO.ZA - A La Une - 16/Jul 09:23
SA’s top banks face new competitive realities
South African banks have delivered solid returns since the post-Covid lows. However, as economic growth remains weak, interest rates drift lower, and competition intensifies, the operating environment is becoming increasingly complex. Against this backdrop, Byron Jackson-Miller, an analyst at Foord Asset Management, argues that selective positioning makes more sense than blanket exposure. “Banking profit margins […]
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