JSE
HS
JSE All Share82 431,400.42%·
USD/ZAR18,420.18%·
Brent81,270.91%·
Gold2 342,100.34%·
Iron Ore102,451.12%·
Sasol (SOL)92,182.41%·
Kumba (KIO)314,500.82%·
BHP528,300.63%·
SARB Repo7,000.00%·
SA 10Y Bond10,420.04%·
CPI YoY2,900.00%·
GDP YoY0,600.00%·
JSE All Share82 431,400.42%·
USD/ZAR18,420.18%·
Brent81,270.91%·
Gold2 342,100.34%·
Iron Ore102,451.12%·
Sasol (SOL)92,182.41%·
Kumba (KIO)314,500.82%·
BHP528,300.63%·
SARB Repo7,000.00%·
SA 10Y Bond10,420.04%·
CPI YoY2,900.00%·
GDP YoY0,600.00%·
DashboardDFI Peers
Peer Benchmarking

Where IDC sits
in the global DFI league.

Side-by-side comparison against BNDES, KfW, CDP, DBSA and AfDB across 12 metrics — financial performance, risk, scale, and strategic position.

ZAFOCUS
IDC
South Africa
Assets$7.9bn
Profit$18m
NPL41.7%
Equity34-42%
BR
BNDES
Brazil
Assets$166bn
Profit$4.5bn
NPL0.19%
Equity8.7%
DE
KfW
Germany
Assets$590bn
Profit$540m
NPL2.72%
Equity0%
IT
CDP
Italy
Assets$423bn
Profit$3.2bn
NPL<0.5%
Equity9.7%
ZA
DBSA
South Africa
Assets$6.6bn
Profit$290m
NPL3.2%
Equity0%
AF
AfDB
Multilateral
Assets$56bn
Profit$330m
NPL7.9%
Equity0%
Detailed metrics

12-metric comparison table

MetricIDCBNDESKfWCDPDBSAAfDB
Total Assets$7.9bn$166bn$590bn$423bn$6.6bn$56bn
Listed Equity %34-42%8.7%0%9.7%0%0%
Annual Disbursements$0.9bn$28.3bn$122bn$26.6bn$1.0bn$6.8bn
Net Profit$18m$4.5bn$540m$3.2bn$290m$330m
NPL Ratio41.7%0.19%2.72%<0.5%3.2%7.9%
Govt Ownership100%100%100%70%100%Multi
Cost of Funding9.2%7-9%1.5-3%0.5-2%8.5-11%2.5-4.5%
Green Financen/dIntegrated33%EUR 6.75bnIntegrated49%
Capability

Radar — IDC vs peers

6 dimensions · 1–10 scale
IDC leads only on Equity Mgmt — trailing significantly on profitability and credit discipline.
Critical outlier

NPL by peer

IDC's 41.7% is 13× peer average of 3.2%
DBSA achieves 3.2% NPL in the same South African market — execution gap, not market gap.
Lessons

Peer best practices

BNDES — 0.19% NPL

Lesson

Strict credit origination + real-time portfolio monitoring + early intervention triggers.

Recommended action

Implement 6-month look-ahead default probability system. Could prevent R2-3bn annual NPL formation.

KfW — €545bn, zero equity risk

Lesson

Pure lending eliminates equity volatility. 70% climate/green. Government guarantee enables AAA + low funding cost.

Recommended action

Shift toward green lending dominance. Seek explicit guarantee. Reduce funding cost 80–120bp.

DBSA — same market, 16× more profit

Lesson

Same macro environment, vastly different outcome. Key difference: 0% listed equity, 3.2% NPL, focused infrastructure mandate.

Recommended action

Adopting DBSA NPL rate = R7.4bn profit improvement.

Composite score

Overall DFI rankings

Profitability 25% · Asset quality 25% · Scale 15% · Efficiency 15% · Strategic 20%
#1
BNDES
Tier 1
87/100
#2
KfW
Tier 1
84/100
#3
AfDB
Tier 1
79/100
#4
DBSA
Tier 2
74/100
#5
CDP
Tier 2
71/100
#6
IDC
Tier 3
52/100
Current
52
NPL → 15%
+18
Equity → 10%
+8
Target
78