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Business Banking

 

Business Banking / 10-06-24 / Kwanele Sibanda

Africanbank Business & Commercial Banking eyes SME market

“In line with our recent market positioning of “audacity to believe”, we believe that this is a market of those who have daring dreams of building sustainable businesses that will contribute to our economy, creating jobs in the long-run, and…

Business Banking / 27-05-24 / Chris Smit

The future of cross-border payments: Traditional vs digital

"As much as $19.4 billion is being sent throughout the African continent. The largest volume between countries sees over $1,3 billion being transferred between Cameroon and Nigeria, $1,2 billion between Niger and Nigeria, and $1 billion distributed…

Business Banking / 29-04-24 / Tommy Jackson

Standard Bank accelerates its corporate clients’ move to a cashless society

"The new Rapid Payments Platform offers an exciting alternative to the traditional payment mechanisms of cards and physical cash, which either have high costs or risks attached to them", says Stuart McDermid, Executive Head: Product Solutions…

Business Banking / 25-04-24 / Shelly Nxumalo

Standard Bank mobilises market first debt fund to support up to $2bn sustainable infrastructure in Africa

“We are delighted to be part of this market first fund working with our partners at European Investment Bank, FSD Africa, Trimtab, Ceniarth and others. Acre’s backers collectively realise that this platform represents a new model for blending…

Business Banking / 23-04-24 / Duty Editor

Standard Bank's R2bn loan injection helps SA’s small businesses beat loadshedding

“The requests for financial assistance have increased rapidly during the past three years, and there is no sign that the momentum in the alternate-energy sector is slowing. However, the demand is fragmented, and this has caused us to reconfigure…

Business Banking / 25-01-24 / Shelly Nxumalo

Standard Bank training programme opens more opportunities for SMEs

“To ensure that the most promising businesses were allowed to maximise their potential, 20 entrepreneurs were offered an opportunity to undergo three months of further training with mentors. Following this, those banking with Standard Bank will…

Business Banking / 16-01-24 / Shelly Nxumalo

Starting a new business in the New Year means planning

“A business plan is more than just a tool for raising finance or a document developed to get you thinking about your business. Even though it is quite common for business plans to be outsourced to professionals, to meet the formal requirements…

Business Banking / 04-01-24 / Tau kaVodloza

SB Group and UnionPay join forces to bring enhanced e-commerce payment solutions

“At Standard Bank, we believe that Africa is our home, and we drive her growth.  As one of Africa’s leading financial institutions, we intend to ensure that our clients across the continent have seamless access to regional and international…

Business Banking / 23-11-23 / Tau kaVodloza

Innovative Nedbank commercial banking finance solution enables business growth

'Invoice discounting funds working capital shortages. It enables business growth by improving liquidity. The client can trade optimally despite the challenges of funding a growing business," says Debbie Robinson, Nedbank Head of Sales, Debtor…

Business Banking / 21-11-23 / Duty Editor

RMB/BER BCI ticks down as sentiment among new vehicle dealers sharply deteriorates

“structural supply constraints around infrastructure and electricity remain a key challenge to operating in the South African business environment. However, the decline in the RMB/BER Business Confidence Index also reflects underlying demand…

Business Banking / 16-11-23 / Shelly Nxumalo

SA women entrepreneurs doing it for themselves, creating thriving businesses

"Elaborating on recent research, it has shown that about 43% of South African households are run by single women. At the end of July 2022, women also accounted for 57% (3 896 595) of the total volume of properties in the market (6 868 778).…

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