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\u00b7 Market size of African banks now around $107 billion, says report<\/em> <\/strong><\/p>\n \u00b7Fintechs tighten competition,<\/em> scale rapidly, rival banks<\/em> <\/strong><\/p>\n \u00b7Continent’s banks lead global profitability despite currency pressures<\/em><\/strong><\/p>\n Nigeria’s banking industry is on course for a structural transformation that will see market size rise to $16 billion by 2030, driven by consolidation, digital expansion, and regulatory tightening, according to a new report by McKinsey & Company.<\/p>\n \n Read more on AllAfrica.com<\/a> \u00b7 Market size of African banks now around $107 billion, says report \u00b7Fintechs tighten competition, scale rapidly, rival banks \u00b7Continent’s banks lead global profitability despite currency pressures Nigeria’s banking industry is on course for a structural transformation that will see market size rise to $16 billion by 2030, driven by consolidation, digital expansion, and regulatory […]<\/p>\n","protected":false},"author":10,"featured_media":229365,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[54077,258,256,6865,24953,8032,46448,257,4687,393,482,17028,6354,7343,254],"class_list":["post-229364","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-16bn","tag-africa","tag-africa-news","tag-banks","tag-consolidation","tag-hit","tag-mckinsey","tag-news","tag-nigeria","tag-nigeria-news","tag-nigerian","tag-pool","tag-push","tag-revenue","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/229364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=229364"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/229364\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/229365"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=229364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=229364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=229364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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