According to an article in the BusinessDay, Absa's share has shrunk to 33,2%, having lost 1,2% to Standard Bank last year. Standard now has 24,6% of the retail mortgage market, valued at R275 m. Overall, Standard Bank has gained 5% retail mortgage market share in three years and another 0,8% in the first quarter of this year.
The table below shows the bond market share by value of the major banks.
|Market Share by bond value (%)|
|Bank||Oct/Nov 2003||Dec/Jan 2004|