South Africa Market Review - Q1 2014

Five products with total estimated sales of ZAR100m ($9m) were added to the South African database during the first quarter of the year, the same as during the final quarter of 2013. Compared with the equivalent quarter last year, the South African structured products market is less active in terms of both issuance and volumes sold. During the first quarter of last year, eight new products were added with an estimated total sales volume of about ZAR168m ($18m). Excludes: Private Banking, Leve