"Banks are demonstrating effective credit risk management as evidenced by a deceleration in impairment growth and a general decline in credit loss ratios across the sector. Non-performing loans are still increasing, albeit at a slow rate, indicating…
Sim Tshabalala, Chief Executive of Standard Bank Group, says, "Lungisa and I will work together closely as we continue to develop and execute the Group's strategy in relation to its footprint outside of South Africa. We congratulate Lungisa…
“Kenny is a recognised leader with substantial Pan-African banking experience, has relationships across the banking and financial ecosystem, and a proven track record to drive results in complex environments. The Board is confident that his…
After 18 years of service to the Standard Bank Group, Kenny Fihla, the Group's Deputy Chief Executive and Chief Executive of SBSA, tendered his resignation last night. He will proceed on garden leave as of today.
"Our performance in 2024 reflects the strength of our diversified business and our commitment to delivering value to our stakeholders. We have seen double-digit earnings growth in South Africa, good contributions from our insurance and asset…
"This partnership has allowed us to effectively measure the impact and value inherent in our employee offerings. We welcomed the opportunity to have an independent authority support and ratify our offerings and processes as we continuously strive…
"While the government is making strides in adopting AI-driven crime detection and implementing a national digital identity system, these measures must be expedited, reinforced, and backed by an integrated cybersecurity strategy that involves…
“I am honoured to take on the role of Chair at Standard Chartered at an important time in its continued transformation. In my four years on the Board, I have experienced the degree to which the organisation is trusted and valued by so many clients…
"There are currently only three options open to CTOs: Rip and replace, which almost never works; co-existence; and then what the industry refers to as an at-the-edge solution. We believe, no matter the size of the bank, there is only one solution…
The Prudential Authority has announced that it has filed papers in the Pietermaritzburg High Court for the provisional liquidation of Ithala SOC Limited (Ithala).
Participants explored the scope for cross-border cooperation, including through the FSB and other international organisations, to protect investors and consumers from malicious online activities, ensure the proper functioning of capital markets…
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