Search Results: african bank

Reserve Bank fails to find buyer for African Bank stake

The central bank announced it would dispose of its 50% shareholding given its potential conflict of interests as a regulator

Former African Bank boss announces her move to Capitec

Basani Maluleke will join the innovation team to find ‘the next big thing for Capitec’

Activist group lauds Nedbank for best climate commitment by a South African bank

The bank has received praise for setting a more ambitious climate policy than other major local banks, targeting zero fossil fuel exposure by 2045

Reserve Bank could sell its stake in African Bank in two years

The Reserve Bank owns 50% of African Bank, the Public Investment Corporation owns 25% and a consortium of private banks own the remaining 25%

S&P raises Capitec, African Bank’s national rating

The Reserve Bank placed the African Bank under curatorship in 2014

African Bank CEO up for a challenge

Critical to success is a roll-out of transactional offerings and securing refinancing

Pravin Gordhan: ‘There is no need for judicial probe into South African banks’

The courts offer recourse to companies that are unhappy with banks, finance minister tells audience at Cape Town book festival.

African Bank: Old guard under fire

Empowerment shareholders believe the damning Myburgh report lends weight to their case against the former bank’s holding company and directors.

Report: African Bank directors were reckless

The board members of Abil were negligent and reckless, according to advocate John Myburgh's now-public report.

African Bank faces changed world

South Africa now effectively has a state-owned bank, but can it fly in a reformed environment?

South African banks shrug off economic storm

The big four banks have managed to grow earnings impressively, but enormous challenges remain as SA's economic outlook continues to deteriorate.

African Bank: Tough ride to better times

Despite skating to the edge of total closure under the weight of bad debt, the bank's rehabilitation appears to be on schedule.

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