Youthful populations and less financialized economies mean African banks do not face the prospect of decline in the same way as their peers elsewhere in the world.
There is good growth in corporate and investment banking, too, as the financial needs of African clients are proliferating.
Partly because of this, Standard Bank – the continent’s biggest lender by assets – made almost twice as much money in corporate and investment banking in the rest of Africa than in South Africa last year.
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