Banking on resilience
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South Africa’s banking sector continues to ride the waves of global uncertainty and low local growth without too much alarm, setting its sails for growth where it can and trimming then when the clouds of risk appear on the horizon.
While South Africa is frequently slow to adopt new technologies, its banking industry is regarded as one of the most digitised and advanced in the world.
Intellidex recently launched a new monthly review newsletter and if as Mark Twain reckons “A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.”
We’re going to assess the weather over the last month in the local banking sector with Nolwandle Mthombeni, Senior Banks Analyst at Intellidex & David Buckham, CEO of banking and insurance consultancy Monacle Solutions
While South Africa is frequently slow to adopt new technologies, its banking industry is regarded as one of the most digitised and advanced in the world.
Intellidex recently launched a new monthly review newsletter and if as Mark Twain reckons “A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.”
We’re going to assess the weather over the last month in the local banking sector with Nolwandle Mthombeni, Senior Banks Analyst at Intellidex & David Buckham, CEO of banking and insurance consultancy Monacle Solutions
