Financial services index
The Ernst & Young Financial services index survey measures the performance of the banking, investment management and life assurance sectors on a quarterly and consistent basis. The Bureau for Economic Research (BER) at Stellenbosch University conducts the research analysis.
The need for the financial sector survey
SA has one of the most advanced financial sectors of all emerging market economies and its development is in many respects on par with those of industrialised countries – and yet its performance is not measured regularly and consistently. There is a general consensus on the need for a regular, consistent and impartial financial sector survey, from financial sector managers to financial analysts.
Banking confidence improved in the third quarter of 2012, after sharp falls in the previous quarter. Life insurance confidence dropped to 75 in the third quarter of 2012.
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