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BANKS

Banks get unreserved backing
Article
/ 31 October 2014

Banks get unreserved backing

The Reserve Bank has faith in the local financial sector but troubling factors lie beyond its control.

By Staff Reporter
Editorial: Breaking the bank
Article
/ 21 August 2014

Editorial: Breaking the bank

The downgrades of the big four seem to have less to do with the health of our banks and more with the Reserve Bank’s recipe to rescue African Bank.

By Editorial
Closer ties needed to avoid future banking crisis
Article
/ 1 November 2013

Closer ties needed to avoid future banking crisis

Policy group calls for banking supervisors to be paid more.

By Jill Treanor
Zim banks fear having to pay for forex raid
Africa
/ 25 October 2013

Zim banks fear having to pay for forex raid

A court has told a bank to return money taken by the Reserve Bank, which has raised fears about a possible flood of legal suits against banks.

By Kudzai Mashininga
When Giants Fall: Why you need to innovate to stay relevant
Article
/ 23 August 2013

When Giants Fall: Why you need to innovate to stay relevant

It’s not big events like a financial crisis that can cause the downfall of large established companies. Sometimes it happens a lot more gradually.

By Staff Reporter
Banks cut 5 500 branches across Europe in 2012
Article
/ 11 August 2013

Banks cut 5 500 branches across Europe in 2012

Banks cut 5 500 branches across the European Union last year, 2.5% of the total, leaving the region with 20 000 fewer outlets since 2008.

By Reuters
Small businesses could lose
Article
/ 26 July 2013

Small businesses could lose

New BEE code requires business support programmes if it is to reach SMMEs.

By Staff Reporter
Cost containment versus growth
Article
/ 5 July 2013

Cost containment versus growth

Survey shows that the rise in the sub-Saharan emerging market may have caught some napping.

By Staff Reporter
E-cash system riles Zimbabwe’s banks
Africa
/ 14 June 2013

E-cash system riles Zimbabwe’s banks

Zimbabwe banks say cellphone giant EcoCash is stealing their business, adding that it is unregulated. But what do consumers want?

By Kennedy Maposa
Banking on a better future
Article
/ 12 April 2013

Banking on a better future

Financial institutions can play a vital role in ensuring a better environment.

By Michelle Nel
Transformation debate morphs into development debate
Article
/ 12 April 2013

Transformation debate morphs into development debate

Banks and communists seldom go well together.

By Staff Reporter
Banking: The critical factor SMMEs ignore
Article
/ 28 March 2013

Banking: The critical factor SMMEs ignore

SMMEs are often so busy keeping their businesses afloat that they neglect a critical component of business success.

By Staff Reporter
Banking on expanding into Africa
Article
/ 22 March 2013

Banking on expanding into Africa

The growing middle class needs sophisticated banking, but analysts say it is not without risk.

By Lynley Donnelly
Cyprus turns to Russia as crisis grows
Article
/ 22 March 2013

Cyprus turns to Russia as crisis grows

A eurozone bailout seems unlikely, and plans to keep Cypriots banks afloat are getting desperate.

By Angelique Chrisafis and Miriam Elder
Zim: Indigenisation will cause banks to divest, executive says
Africa
/ 18 January 2013

Zim: Indigenisation will cause banks to divest, executive says

With Zimbabwe’s largest foreign investors having fallen in line with the country’s indigenisation policy

By Jason Moyo
No interest in ‘poor man’s account’
Article
/ 9 November 2012

No interest in ‘poor man’s account’

Low-cost Mzansi accounts are losing ground to bank-branded products that are cheaper and more appropriate for low-income customers.

By Lynley Donnelly
Call for ethics probe into UK banks
Article
/ 10 August 2012

Call for ethics probe into UK banks

Standard Chartered is the latest to be accused of unethical practices by US regulators, sparking market flight.

By Jill Treanor
No image available
Article
/ 3 August 2012

JP Morgan: The bank that choked on a whale

Greedy for large profits, JP Morgan laid itself open and a single trader cost it $5.8-billion. Eleni Giokos reports.

By Staff Reporter
Zanu-PF sees no reason to spare banks
Africa
/ 12 July 2012

Zanu-PF sees no reason to spare banks

David Chapfika, one of the men lobbying for bank takeovers, has a chilling take on why they cannot be spared in the "indigenisation" drive.

By Jason Moyo
Modern banking’s fatal flaw
Article
/ 6 July 2012

Modern banking’s fatal flaw

Economic events around the globe over the past five years have revealed one important fact: the modern banking system is fundamentally dysfunctional.

By Staff Reporter
In the vortex of a global bank row
Article
/ 5 July 2012

In the vortex of a global bank row

The Tories have seized on ideas that ministers gave Barclays the nod over its manipulation of interest rates, writes Nicholas Watt and Jill Treanor.

By Nicholas Watt and Jill Treanor
Banks focus on affordable home loans
Article
/ 15 June 2012

Banks focus on affordable home loans

Financial institutions, backed by the state, are increasingly catering for this fast-growing market, writes Lisa Steyn.

By Staff Reporter
South Africa’s banks are healthy and wealthy
Article
/ 7 June 2012

South Africa’s banks are healthy and wealthy

Reserves, profits and loans are on the rise but eurozone uncertainty is casting a pall over the future in South Africa, argues Lisa Steyn.

By Staff Reporter
Grant recipients move with the times
Article
/ 7 June 2012

Grant recipients move with the times

More and more people are opting to receive their social grants electronically rather than in cash, according to a report released this week.

By Staff Reporter
Marcus gives big five banks a hand
Article
/ 17 May 2012

Marcus gives big five banks a hand

In an unprecedented move to bombproof SA’s major lenders, a multibillion-rand emergency fund has been set up to help them weather any liquidity storm.

By Sharda Naidoo
Banks cash in as SA borrowing soars
Article
/ 12 May 2012

Banks cash in as SA borrowing soars

Alarm bells are not going off just yet, but experts say the rise in unsecured credit in South Africa is a worrying trend. Lynley Donnelly reports

By Lynley Donnelly
No image available
Article
/ 2 March 2012

Borrowing costs to increase

South Africa’s R3.2-trillion infrastructure stimulus could come at a hefty price after Moody’s credit rating agency downgraded the big five banks.

By Sharda Naidoo
French banks come out fighting
Article
/ 19 September 2011

French banks come out fighting

The exasperated chief executive of Société Générale, stood in front of investors in New York on Tuesday this week for some "straight talk".

By Jill Treanor
No image available
Article
/ 26 August 2011

Wake-up call for banking sector

It is generally accepted that South African banks are well capitalised in terms of the Basel III requirements, which have to be phased in from 2013.

By Lisa Steyn
Zanu-PF switches focus to bank grabs
Article
/ 5 August 2011

Zanu-PF switches focus to bank grabs

Zimbabwe’s new threat to take over foreign-owned banks may widen the cracks in the government over the empowerment law.

By Jason Moyo
No image available
Article
/ 26 April 2011

Switching banks is easier than you think

What you need to know before switching banks — and why changing over need not be a headache.

By Staff Reporter
No image available
Article
/ 15 April 2011

Banking on a track record

Globally, the banking sector has had a tough couple of years.

By Staff Reporter
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