South African Bank Deposit Showing Impressive Growth
According to our research report “South African Banking Sector Analysis”, South African banking sector is well-developed and highly liberalized. It is one of the largest and most deregulated sectors within the emerging markets. With the improvement in overall economic conditions, consumers are increasingly gaining confidence on the domestic banking system. This led to an increase in deposits with the banks of the country. Moreover, with increasing middle class population and rising per head disposable income, the overall deposits in the...
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