Banks confirmed last week that they will refund customers who bought tickets for flights on Nationwide Airlines or concerts by singer Josh Groban using either a debit or credit card.
Standard Bank Group, 20% owned by the Industrial and Commercial Bank of China (ICBC), will explore global banking acquisition opportunities jointly with its Chinese partner.
Many card issuers offer the budget facility as a vehicle for card holders to consolidate their existing debt and -- in return -- they offer customers an incentive in the pricing, in the form of preferential interest rates.
The banking industry will install new ATMs throughout the country despite recent bombings, the South African Banking Risk Information Centre said on Monday.
