SA could score $4bn chunk of Africa’s huge banking potential
South African banking institutions are expected to raise revenues to $4bn by 2022 amid massive upside potential for investment banking products across Africa. This is despite currency adjustment hurdles and the likelihood of foreign investors in Barclays Africa and Old Mutual selling down. These are the findings of a new study by McKinsey, which highlights the “huge room for growth in meeting unmet needs for borrowing, saving, investing, and protecting” […]
