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General Banking News

 

General Banking News / 19-01-23 / Sisanda Ndlovu

FNB recognised as a Top Employer in South Africa

Donald Khumalo, FNB Human Capital Executive, says, "We’re honoured to be recognised as a top employer because this attests to our ongoing commitment to create an organisation that will continue to attract top talent for another 184 years."

General Banking News / 11-01-23 / Duty Editor

BankservAfrica Economic Transactions Index back on track

“The welcomed improvement to the BankservAfrica Economic Transactions Index (BETI) occurred against the broader economic context that has remained fairly grim during December, with load shedding continuing, interest rates and inflation remaining…

General Banking News / 20-12-22 / Kyle Durham

Kyle Durham | Why sustainability is a big deal for small businesses

"For most SMEs, sustainability is not just a responsibility; it’s also a massive opportunity. And failing to recognise and understand both these sides of the sustainability coin could be the downfall of the uninformed SME," says Kyle Durham,…

General Banking News / 19-12-22 / Tau kaVodloza

Governors and Heads of Supervision endorse global bank prudential standard for cryptoassets

"The endorsement by the GHOS marks an important milestone in developing a global regulatory baseline for mitigating risks to banks from cryptoassets. It is important to continue to monitor bank-related developments in cryptoasset markets. We…

General Banking News / 13-12-22 / Tau kaVodloza

FSB Middle East and North Africa group meet to discuss financial stability outlook and cross-border payments

The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Middle East and North Africa (MENA) met on 12 December in virtual format to discuss the current challenging backdrop for global financial stability.

General Banking News / 08-12-22 / Tau kaVodloza

Absa bolsters leadership with new Group Executive appointments

“The appointments build on the positive momentum that was achieved through Executive Committee changes and an operating model refinement earlier this year,” said Absa Group Chief Executive Officer, Arrie Rautenbach.

General Banking News / 07-12-22 / Tau kaVodloza

Financial Stability Board Plenary meets in Basel

The Board said its Plenary reviewed policy work in several areas, including crypto-assets and decentralised finance (DeFi) and climate-related financial risks and also agreed on the FSB’s work programme for 2023.

General Banking News / 29-11-22 / Tau kaVodloza

African Bank announces FY net profit after tax of R736m, up 38%

“These results demonstrate the bank’s continuing growth trajectory and increasing penetration into the important retail banking market, underpinned by our driving philosophy of building a South African bank rooted in customer-centricity," says…

General Banking News / 02-11-22 / Duty Editor

Adv John Simpson appointed as new Ombud for Financial Services Providers

The Minister of Finance, Mr Enoch Godongwana, has appointed Adv John Simpson as the Ombud for Financial Services Providers (FAIS Ombud).

General Banking News / 01-11-22 / david Rees

David Rees | What else can EM central banks do to protect their currencies?

According to David Rees, Senior Emerging Markets Economist at Schroders, "South Africa finds itself in a position of relative strength. While the rand is clearly not immune to a generally stronger US dollar, South Africa's relatively solid fundamentals…

General Banking News / 24-10-22 / Duty Editor

Life Health Solutions and Paymenow sign strategic partnership to support employee financial resilience

"The impact of financial stress on mental health has been well documented. Within the work environment, this can lead to a decrease in focus and productivity, which directly impacts the bottom line," says Life Health Solutions Head of Quality,…