SA's big banks post modest 5. 9% earnings in 2024 amid economic headwinds - PwC

By Philippa Larkin | Published Mar 17, 2025

South Africa's major banks demonstrated resilience in 2024, posting a 5. 9% increase in combined headline earnings to R119 billion, despite challenging economic conditions. The Big Four banks maintained strong capital positions and saw improvements in credit loss ratios, while advancing their digital transformation initiatives