“We’d like to thank our 10 million customers for choosing us. This achievement is a testament to our team's dedication to providing equitable banking that meets the evolving financial needs of South Africans and empowers them to achieve financial…
“As a bank, we want to play a larger role in supporting local producers by connecting them to a broader consumer market. This is our second year partnering with WineX, and we’re proud to make it an invaluable platform for showcasing some of…
FNB CEO Harry Kellan says, "We welcome the SARB's rate cut as it consistent with the global trend towards lower interest rates. However, we do not anticipate a major cutting cycle. Inflation expectations remain above the Reserve Bank's target…
"After years of unrelenting financial pressure, our customers have had to become financially disciplined and resourceful. This will make it easier for them to get back on their feet when things start to improve, helped by the drop in fuel prices…
"It is common for first-time buyers to be caught off guard when interest rates rise. In recent years, the rising cost of living has made this situation even more challenging," says Doret Jooste, Standard Bank's Head of Money Management and Advisory.
“With living costs soaring in the past two years, these high volumes suggest consumers could be relying on credit cards more. However, we've noticed that an increasing number of people are treating their credit cards as transactional accounts.…
"Understanding how income shapes spending habits is crucial for both consumers and financial services providers. It allows consumers to make informed financial decisions and banks and financial services providers to structure their products…
“We are constantly enhancing our rewards programme to offer customers even more ways to be rewarded for good banking practices. Our growing number of eBucks partners makes it easier and more convenient for our customers to stretch their wallets,…
"Our strategic transformation through Excelerate25 is focused on building a customer-centric, data-driven, scalable and digital-first business - we are building bridges, not just for today but for a future where every South African has the opportunity…
"This milestone of our first million clients is a special one. While it's only the beginning for us, we are incredibly proud because it reflects the impact of our unique shared-value model that creates value as clients manage their money well…
"Back in 2019, the market was registering on average R14 billion of home loans a month. This number surged to around R20 billion per month in 2021 and 2022, driven by eager first-time buyers wanting to capitalize on relatively stable housing…
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