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Bad-debt ratio improves for banks

Bad-debt ratio improves for banks

19 Aug 2011 00:00 - Lisa Steyn
While the financial world worries about a double-dip recession South African banks reported a decrease in bad debts.

Banks brace for home loan sales staff retrenchments

11 Aug 2011 09:45 - Staff Reporter
Retrenchments are looming in the home loan sales departments of two of South Africa's four major banks, media reports have said.

Nedbank: Nationalisation will not attract investment

02 Aug 2011 10:40 - Staff Reporter
Nedbank said nationalisation would have a negative effect on investor confidence and would not help attract job-creating investment.

SA banks to post little real first-half growth

29 Jul 2011 17:07 - Helen Nyambura-Mwaura
Big South African banks are expected to show scant underlying growth when they report first-half earnings in coming weeks.

You get what you spend

20 Jul 2011 13:59 - Staff Reporter
What are some of the best South African loyalty cards out there?

Nedbank posts solid first-quarter results

06 May 2011 09:10 - Staff Reporter
Nedbank, South Africa's fourth-largest bank, reported a 16% jump in non-interest revenue in the first quarter.

Nedbank full-year profit rises as bad debts decline

28 Feb 2011 09:17 - Staff Reporter
Nedbank Group beat expectations with a 9% increase in annual profit on Monday, helped by a fall in bad debts.

Getting the best interest

14 Dec 2010 15:17 - Maya Fisher-French
The best interest rate for your emergency funds.

A peek at Nedbank's new bank charges

01 Dec 2010 10:27 - Staff Reporter
Nedbank clients will pay less than they did in 2005, but only if they adopt electronic channels.

Data show signs of 'unexciting' recovery

26 Nov 2010 14:16 - Lisa Steyn
"The growth figures underline the fragile nature of recovery. Further easing in monetary policy is still possible if growth disappoints again".

HSBC ends talks over Nedbank purchase

15 Oct 2010 11:45 - Staff Reporter
Global banking giant HSBC announced on Friday that it had scrapped talks with Old Mutual over the purchase of a majority holding in Nedbank.

ThinkMoney readers weigh in on banks

22 Sep 2010 11:11 - Fiona Zerbst
According to ThinkMoney subscribers, banks that innovate are ayoba.

Choosing the right path

15 Sep 2010 10:59 - Thabo Mohlala
About 30 000 learners from grades nine to 12 will benefit from an initiative to help them make informed choices about a future career.

Vodacom, Nedbank launch mobile cash service

31 Aug 2010 13:56 - Gugulakhe Lourie
Vodacom is teaming up with Nedbank to deliver a phone-based cash transfer service, similar to a successful service operating in Kenya.
Nedbank pay-off will be long-term

Nedbank pay-off will be long-term

27 Aug 2010 10:35 - Lynley Donnelly
Even if Old Mutual takes £1.5-billion offshore, the HSBC takeover will bring other benefits.

HSBC offer 'a vote of confidence', says Treasury

24 Aug 2010 08:13 - Staff Reporter
HSBC bank's offer to buy a controlling stake in Nedbank was a vote of confidence in SA's economic progress.

HSBC in talks for 70% of Nedbank

23 Aug 2010 10:06 - Staff Reporter
HSBC is in talks to buy up to 70% of Nedbank in a potential $6,8-billion deal that would give it a broader gateway to fast-growing Africa.

Joel Netshitenzhe joins Nedbank

05 Aug 2010 13:31 - Staff Reporter
Joel Netshitenzhe, a former key policy-maker, has joined Nedbank as an independent non-executive director.

Banks welcome more competition

02 Jun 2010 08:04 - Staff Reporter
Banks on Tuesday welcomed Finance Minister Pravin Gordhan's decision to make the banking sector more competitive through transparency.

Nedbank sees better full-year earnings

04 May 2010 08:18 - Staff Reporter
Nedbank expects to post better 2010 earnings after reporting a rise in first quarter non-interest revenue on Tuesday as economic conditions improve.

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