Banking news

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Will South Africa's big banks finally face accountability?

Source: © 123rf has published more on sasfin Bank, which has, it says, "this year seemingly declared defeat after a series of scandalous revelations about the deep rot in its foreign exchange business"

Sasfin: Defeated after the scandal on the rot in its foreign exchange business

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Source: Supplied. Norman Nyawo, the head of merchant solutions for business and commercial banking at Standard Bank South Africa.

Standard Bank unveils upgraded SimplyBlu for SMEs

22 Oct 2024

Source: Supplied.

Visa and littlefish launch digital revolution for African small businesses

18 Oct 2024

Source: Supplied. Leila Mokaddem, director-general, Southern Africa, AfDB; Charles Russon, Absa group interim chief executive officer designate and Deon Raju, Absa group financial director.

Empowering African women: Major financial package unveiled by Absa and the African Development Bank

15 Oct 2024

Standard Bank sees tenfold surge in PayShap ID transactions

11 Oct 2024

Source: Supplied. Sergio Barbosa, chief information officer of Global Kinetic, and chief executive officer of FutureBank.

Why haven’t SA banks done more with DeFi, CBDCs & crypto?

10 Oct 2024

Commerzbank CEO vows to block UniCredit takeover

10 Oct 2024

Source: African Markets.

$4m Ecobank heist: Residents demand security clampdown

8 Oct 2024

Source: Reuters.

HSBC and Bidvest Bank fined millions for non-compliance

7 Oct 2024

Source: Reuters.

Brazil's Petrobras to purchase offshore oil block stake in South Africa

Andre Romani 3 Oct 2024

SA's "Big Four" banks hit by R27bn bad debt charges

3 Oct 2024

Source: Investec.

Investec closes accounts linked to South Africa's political elite

1 Oct 2024

Source: Wikimedia Commons.

Absa to unlock South African equities market for HSBC global clients

30 Sep 2024

Source: @afreximbank/X On Thursday, 19 September, Afreximbank celebrated 30 remarkable years of leadership, dedication, and impact with Benedict Okey Oramah. From transforming African trade to championing the continent’s economic future, Oramah’s journey has been nothing short of extraordinary.

#Davos2025: Afreximbank teams up with Africa Collective and AfCFTA

30 Sep 2024

Land Bank's R1.2bn solution to transforming South Africa's agriculture

30 Sep 2024

How innovative payment solutions are shaping South Africa’s retail sector

How innovative payment solutions are shaping South Africa’s retail sector

Shaun Holley & Rory Bosman 30 Sep 2024

Nedbank's Khensani Nobanda was on stage. Source: Supplied.

#NedbankIMC2024: Leading with heart, grit and gut

Karabo Ledwaba 27 Sep 2024

Source: Kabelo Makeke, head of personal and private banking at Standard Bank South Africa.

Standard Bank sees 13% drop in branch transactions as clients shift to digital channels

27 Sep 2024

Source: Reuters.

HSBC shifts SA customers to FirstRand and Absa, as it exits the country

Lawrence White 26 Sep 2024

FNB triumphs as Best Digital Bank again, according to Human8’s SITEisfaction 2024

FNB triumphs as Best Digital Bank again, according to Human8’s SITEisfaction 2024

Human8 26 Sep 2024

Source: X/@DXBMediaOffice #Dubai International Financial Centre celebrates its 15th anniversary & unveils the @DIFC Hot Air Balloon, which symbolises the centre’s growth journey since its inception in 2004.

Investec opens office in Dubai's financial centre

Nqobile Dludla 25 Sep 2024

Independent ATMs keep cash accessible in South Africa

Independent ATMs keep cash accessible in South Africa

Paycorp Group 25 Sep 2024

Capitec poll reveals how heritage shapes Mzansi’s money habits

23 Sep 2024

Source: Reuters.

Standard Bank opens up Mauritius offshore unit to Africa's small to mid-sized businesses

Nqobile Dludla 20 Sep 2024

Source: Reuters.

Discovery's digital bank narrows losses, focuses on organic growth

Sfundo Parakozov 20 Sep 2024

Source: Reuters.

JPMorgan CEO Jamie Dimon to visit Africa in growth push

David Lewis, Nupur Anand, Duncan Miriri 18 Sep 2024

Metier, through its Sustainable Capital Fund II (MSC II) has acquired Mertech Marine (Image supplied)

RMB supports Metier's strategic acquisition of Mertech Marine

18 Sep 2024

Huawei and Standard Bank sign strategic cooperation agreement to accelerate intelligent finance

Huawei and Standard Bank sign strategic cooperation agreement to accelerate intelligent finance

Huawei 16 Sep 2024

Source: Reuters.

HSBC in talks to sell South African unit to FirstRand

Prerna Bedi in Bengaluru 16 Sep 2024

#NampoCape2024: Land Bank and Dept of Agriculture to launch fund to transform SA wine industry

16 Sep 2024

Source: Reuters.

European, Southern African development banks to lend extra $220m to clean energy projects

Kopano Gumbi 16 Sep 2024

More news

Source: Supplied.

Visa and littlefish launch digital revolution for African small businesses

18 Oct 2024

Source: Supplied. Leila Mokaddem, director-general, Southern Africa, AfDB; Charles Russon, Absa group interim chief executive officer designate and Deon Raju, Absa group financial director.

Empowering African women: Major financial package unveiled by Absa and the African Development Bank

15 Oct 2024

Standard Bank sees tenfold surge in PayShap ID transactions

11 Oct 2024

Source: Supplied. Sergio Barbosa, chief information officer of Global Kinetic, and chief executive officer of FutureBank.

Why haven’t SA banks done more with DeFi, CBDCs & crypto?

10 Oct 2024

Commerzbank CEO vows to block UniCredit takeover

10 Oct 2024

Source: African Markets.

$4m Ecobank heist: Residents demand security clampdown

8 Oct 2024

Source: Reuters.

HSBC and Bidvest Bank fined millions for non-compliance

7 Oct 2024

Source: Reuters.

Brazil's Petrobras to purchase offshore oil block stake in South Africa

Andre Romani 3 Oct 2024

SA's "Big Four" banks hit by R27bn bad debt charges

3 Oct 2024

Source: Investec.

Investec closes accounts linked to South Africa's political elite

1 Oct 2024

Source: Wikimedia Commons.

Absa to unlock South African equities market for HSBC global clients

30 Sep 2024

Source: @afreximbank/X On Thursday, 19 September, Afreximbank celebrated 30 remarkable years of leadership, dedication, and impact with Benedict Okey Oramah. From transforming African trade to championing the continent’s economic future, Oramah’s journey has been nothing short of extraordinary.

#Davos2025: Afreximbank teams up with Africa Collective and AfCFTA

30 Sep 2024

Land Bank's R1.2bn solution to transforming South Africa's agriculture

30 Sep 2024

How innovative payment solutions are shaping South Africa’s retail sector

How innovative payment solutions are shaping South Africa’s retail sector

Shaun Holley & Rory Bosman 30 Sep 2024

Nedbank's Khensani Nobanda was on stage. Source: Supplied.

#NedbankIMC2024: Leading with heart, grit and gut

Karabo Ledwaba 27 Sep 2024

Source: Kabelo Makeke, head of personal and private banking at Standard Bank South Africa.

Standard Bank sees 13% drop in branch transactions as clients shift to digital channels

27 Sep 2024

Source: Reuters.

HSBC shifts SA customers to FirstRand and Absa, as it exits the country

Lawrence White 26 Sep 2024

FNB triumphs as Best Digital Bank again, according to Human8’s SITEisfaction 2024

FNB triumphs as Best Digital Bank again, according to Human8’s SITEisfaction 2024

Human8 26 Sep 2024

Source: X/@DXBMediaOffice #Dubai International Financial Centre celebrates its 15th anniversary & unveils the @DIFC Hot Air Balloon, which symbolises the centre’s growth journey since its inception in 2004.

Investec opens office in Dubai's financial centre

Nqobile Dludla 25 Sep 2024

Independent ATMs keep cash accessible in South Africa

Independent ATMs keep cash accessible in South Africa

Paycorp Group 25 Sep 2024

Capitec poll reveals how heritage shapes Mzansi’s money habits

23 Sep 2024

Source: Reuters.

Standard Bank opens up Mauritius offshore unit to Africa's small to mid-sized businesses

Nqobile Dludla 20 Sep 2024

Source: Reuters.

Discovery's digital bank narrows losses, focuses on organic growth

Sfundo Parakozov 20 Sep 2024

Source: Reuters.

JPMorgan CEO Jamie Dimon to visit Africa in growth push

David Lewis, Nupur Anand, Duncan Miriri 18 Sep 2024

Metier, through its Sustainable Capital Fund II (MSC II) has acquired Mertech Marine (Image supplied)

RMB supports Metier's strategic acquisition of Mertech Marine

18 Sep 2024

Huawei and Standard Bank sign strategic cooperation agreement to accelerate intelligent finance

Huawei and Standard Bank sign strategic cooperation agreement to accelerate intelligent finance

Huawei 16 Sep 2024

Source: Reuters.

HSBC in talks to sell South African unit to FirstRand

Prerna Bedi in Bengaluru 16 Sep 2024

Source: Wikipedia.

Old Mutual names company insider as CEO-designate of its new bank

Nqobile Dludla 16 Sep 2024

#NampoCape2024: Land Bank and Dept of Agriculture to launch fund to transform SA wine industry

16 Sep 2024

Source: Reuters.

European, Southern African development banks to lend extra $220m to clean energy projects

Kopano Gumbi 16 Sep 2024

#FOCAC2024: Standard Bank champions China-Africa trade ties

Katja Hamilton 13 Sep 2024

Bridgewater and Global Citizen LED Economic Development Assembly coming to Abidjan on 9-10 October

Bridgewater and Global Citizen LED Economic Development Assembly coming to Abidjan on 9-10 October

OnPoint PR 13 Sep 2024

Source: Supplied. Cote d’Ivoire President Alassane Ouattara gives rousing remarks during the African Development Bank's 60th anniversary celebrations.

African Development Bank turns 60: A legacy of hope and progress

12 Sep 2024

Land Bank reaches debt deal with lenders, but a much bigger challenge awaits

10 Sep 2024

Shoprite, Checkers and Usave money transfer services continue as normal

Shoprite, Checkers and Usave money transfer services continue as normal

10 Sep 2024

Source: Wikimedia Commons.

Standard Bank sees 52% rise in new credit card users

9 Sep 2024

Source: The South African Reserve Bank.

Say goodbye to old EFTs: SA's banking system braces for change

Katja Hamilton 6 Sep 2024

Source: Supplied. Carrie Peter, managing director at Impression Signatures.

How digital signatures drive security, certainty, loyalty in banking

5 Sep 2024

Source: Supplied. Andiswa Bata, chief executive officer of FNB Business.

Lead the future: FNB backs Africa’s top app developers

4 Sep 2024

Source: New Development Bank.

South Africa needs to step up to attract investments from the New Development Bank

Duarte da Silva 3 Sep 2024