South African Banks to Add 8 Million Clients, Business Day Says

South Africa’s banking industry may gain an extra 8 million customers over the next five years as they target South Africans without bank accounts to grow their income, Business Day reported, citing Peter Schlebusch, head of personal and business banking at Standard Bank Group Ltd. (BAT)

To contact the reporter on this story: Stephen Gunnion in Johannesburg at sgunnion@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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