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General Banking News

 

General Banking News / 30-10-24 / Mamello Matikinca-Ngwenya

Mamello Matikinca-Ngwenya | 2024 MTBPS: Balancing consolidation and growth

"Treasury highlights elevated fiscal risks, including potentially lower revenue growth from economic slowdowns, high public-sector wage demands, elevated borrowing costs, and slower-than-expected reductions in global interest rates. Public sector…

General Banking News / 24-10-24 / Daniel Nkosi

Regulatory Programmes: much more than compliance

"We've moved beyond ticking boxes. It's about ensuring organisations adopt compliance and embrace change, whether it's regulatory compliance, an SAP implementation, or a merger. It comes back to applying change management that works and that…

General Banking News / 10-10-24 / Shelly Nxumalo

Forbes names Standard Bank amongst the top 20 world's best employers

"Our people are at the heart of what we do.  This recognition is a profound demonstration of the value our 50,000 employees place in our organisation.  It's phenomenal to be recognised as one of the World's Best Employers for the second year…

General Banking News / 04-10-24 / Kwanele Sibanda

SARB imposes administrative sanctions on Bidvest Bank and HSBC

The Prudential Authority said the administrative sanctions imposed on both Bidvest Bank and HSBC are due to their failure to comply with a provision of the FIC Act and consist of a caution not to repeat the conduct which led to the non-compliance…

General Banking News / 02-10-24 / Tau kaVodloza

PwC South Africa Economic Outlook - September 2024

“The SDGs guide us to a better tomorrow. They set out what we as a society should strive for in order to reach a sustainable and equitable future - and the youth will play a critical role in achieving these goals with the decisions they make…

General Banking News / 18-09-24 / Kwanele Sibanda

Time Magazine recognises Standard Bank as one of the world's best companies

"These accolades from two iconic global news magazines demonstrate that our determined focus on delivering excellent services for our clients in, across and beyond Africa is being recognised worldwide," says Sim Tshabalala, Group Chief Executive…

General Banking News / 17-09-24 / Kwanele Sibanda

SA's major banks demonstrate durable financial performance in H1 2024

“Within an environment shaped by complex macroeconomic conditions and elevated levels of uncertainty, SA’s major banks continue to demonstrate the durability of their businesses. These results reflect a deep and continuing commitment to executing…

General Banking News / 09-09-24 / Daniel Nkosi

Africanbank's ESD Graduates and Mo-FM collabo spotlight economic inclusion

"Our ESD programme embodies the spirit of Africanbank. We are committed to the growth of black-owned enterprises and ensuring they have the support they need to thrive in the mainstream economy. These SMMEs have shown incredible determination…

General Banking News / 03-09-24 / Kwanele Sibanda

Standard Bank Group makes senior executive appointments

"Kenny Fihla is a most experienced and successful executive – a leader's leader of immense effectiveness, having served the Group in various senior executive roles over the past 18 years.  I look forward to working even more closely in partnership…

General Banking News / 02-09-24 / Tommy Jackson

BIS appoints Frank Smets as Deputy Head of the Monetary and Economic Unit

"Mr Frank Smets joins the BIS from the European Central Bank, where he is Adviser to the Executive Board. Previously he was Director General of Economics, Adviser to the President of the ECB and Director General of Research at the ECB. He started…

General Banking News / 02-09-24 / Shelly Nxumalo

Remain vigilant in the face of increased banking scams urges the SAFPS

"This is not uncommon. Scammers generally tend to be more active during periods of increased consumer activity. It is essential to know how to spot a scam and what measures you have available to prevent you from becoming a victim," warns Roy…

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