Five South African banks hold 90.5% of the banking sector’s R5.65 trillion in assets
Bank assets include our deposits and investments. Some of those assets may be at risk if they are invested in highly exposed sectors.
Climate change can affect the financial health of borrowers and pose a credit risk in banks’ loan portfolios. This can have a knock-on effect on the financial system, and us. Without disclosure of the concentration of assets in carbon-related sectors, we are not aware of the extent of their risks.