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General Banking News

 

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,…

General Banking News / 04-10-22 / James George

James George | How Mauritius managed to come off the Grey List in record time

Looking at how Mauritius managed their grey time provides some good insight into what needs to be done to improve South Africa’s anti-money laundering (AML) and terrorist financing measures, says James George, Compliance Manager, Compli-Serve…

General Banking News / 29-08-22 / Staff Writer

SB partners with AWCA for the advancement of gender equity and transformation

"As Standard Bank, we are proud to sponsor an event that celebrates African women that are making strides in the accounting profession. This also lays the foundation for more women to take their seat at the table in the future," says Thembelihle…

General Banking News / 29-08-22 / Tau kaVodloza

South Africa moves to avert possible greylisting

A FATF greylisting, which is made public, is likely to have the effect of increasing the cost of doing business for South African businesses with foreign trading partners, the National Treasury said through a statement.

General Banking News / 26-08-22 / Tau kaVodloza

African Bank to acquire Ubank majority assets and liabilities for R80m

Ubank’s strong retail deposits, transactional accounts and partnership with MTN’s Mobile Money, will accelerate the diversification and scaling of African Bank in line with our mission to build a customer-centric, digital and data-enabled business…

General Banking News / 24-08-22 / Staff Writer

Standard Bank nurtures STEM skills by sponsoring the SATMO

These collaborative competitions help shine a light on the importance of tertiary education and enable improved access to quality education while uncovering new potential and talent in our mathematically minded youth, says Maymoona Ismail, Head…

General Banking News / 23-08-22 / Duty Editor

Burmester confirmed for Nedbank Golf Challenge

"The Nedbank Golf Challenge is an iconic tournament for any South African golfer. It’s one we all grew up watching and wanting to play in one day. This will be my third appearance and perhaps the most special as it celebrates its 40th anniversary,"…

General Banking News / 19-08-22 / Sisanda Ndlovu

Standard Bank delivers record headline earnings for H1 2022

We are focused on delivering continued revenue growth through our client-centric strategy, and our ability to deliver new and relevant solutions to our clients through their channel of choice, as and when they need them, says Mr Sim Tshabalala,…

General Banking News / 10-08-22 / Sisanda Ndlovu

Nedbank delivers an excellent H1 2022 performance

A continuation of the good strategic and operational delivery, as evidenced in the first half of 2022, should support ongoing earnings growth for Nedbank in the full-year 2022 and a year-on-year increase in ROE and a reduction in the cost to…

General Banking News / 22-07-22 / Duty Editor

Standard Bank lends hand to improve quality of learner lives

The foundation is proud to be supporting an initiative that will ensure more learners have access to quality education and over and above that basic services like clean drinking water and sanitation to keep them healthy, says Zanele Twala, Chief…

General Banking News / 13-07-22 / Duty Editor

South African Reserve Bank sights firmly set on crypto regulation

Speaking at the most recent PSG Think Big webinar, Kuben Naidoo, deputy governor of the South African Reserve Bank (SARB) and a member of the Monetary Policy Committee says SARB’s thinking on cryptocurrencies has evolved, and that it now views…