News Updates:

Retail Banking


Retail Banking / 19-06-24 / Koketso Mano

Koketso Mano | Consumer inflation steadied in May

"We should see headline inflation continue its plateau in June. Monthly pressure should remain subdued, as higher core inflation, supported by new data on housing price pressures, is mitigated by fuel deflation," says Koketso Mano, FNB Senior…

Retail Banking / 19-06-24 / Tau kaVodloza

Unlocking the potential of stokvels as pathway to build generational wealth

“Stokvels have always been seen as mainly a collective savings vehicle. They are groups where ordinary people pool their money and store it for when they need it one day. We believe that stokvels can, and should, be much more than just money…

Retail Banking / 12-06-24 / Shelly Nxumalo

Standard Bank announces MVNO collaboration with MTN

“We are excited to collaborate with MTN and the opportunity to provide our customers with a range of newly differentiated mobile plans. The transition will be gradual, where we invite our customers to join us on our pilot program, helping us…

Retail Banking / 12-06-24 / Chris Smit

Payment24 introduces innovative fuel voucher solutions

“In a market that is increasingly adopting digital currency, the need for versatile voucher solutions is paramount. With the rising cost of fuel, our fuel vouchers offer a practical and efficient alternative for consumers and fleet operators…

Retail Banking / 06-06-24 / Staff Writer

FNB makes international investment diversification easier with 3 new Core Global ETFs

"These new ETFs represents our commitment to providing investment solutions that serve as a conduit to the world's financial markets, without the complexity traditionally associated with direct offshore investments," says Sizwe Nxedlana, CEO…

Retail Banking / 06-06-24 / Zandile Mncube

FNB's annual pricing review focuses on unrivalled value, with new eBucks offers

"Our customers want more than just competitive pricing; they want a banking partner that supports their financial wellbeing, adds value to their lives and their money,” says Lytania Johnson, CEO of Personal Banking at FNB.

Retail Banking / 30-05-24 / Kwanele Sibanda

African Bank posts R203m profit, 38% customer growith in H1 2004

"Despite operating in a tough economic climate, our financial performance for the first half underscores the resilience and strategic progress of Africanbank Group and these results reflect a turnaround, in contrast to our position at the same…

Retail Banking / 27-05-24 / Shelly Nxumalo

Discovery Bank launches its new home loan product

"This is a highly anticipated milestone for us as we open the virtual doors to our home loans ecosystem. Those looking to buy a new home or wanting to upgrade their home, can enjoy a full ecosystem of benefits and tailor-made services in the…

Retail Banking / 23-05-24 / Chris Smit

Choosing the right banking solution can help bring things together for families

“The big idea behind EasyPay Everywhere is providing South Africa’s most vulnerable citizens with full-on banking complemented by a range of relevant, value-adding solutions to help them meet their financial goals," says Simphiwe Phakathi, Executive…

Retail Banking / 21-05-24 / Shelly Nxumalo

FNB Connect launches market leading offering of 15GB of mobile data at R199

"We continue to see an increasing number of individuals, families and businesses who use FNB Connect as their preferred telecommunications provider.  This promotional offering is another way FNB is democratising access, thereby narrowing the…

Retail Banking / 17-05-24 / Kwanele Sibanda

Nomzamo Mbatha signs commercial deal with African Bank

"We're very excited to be partnering with Nomzamo. In the discussions we have had with her, it is evident that our values resonate with her. Her dedication to uplifting and empowering communities aligns seamlessly with our mission to foster…