Credit growth is likely to remain subdued during the second half of the year, says an expert.
The unbanked are at risk, forum hears.
After 1994, South Africa’s biggest banks bent over backwards to accommodate Jacob Zuma, who regularly splurged on credit.
The study reveals interesting but unexpected results
Financial inclusion is an important aspect of the country’s efforts to ensure an improved quality of life for all
SA must continue to apply local and international insights into the important role financial education plays in driving prosperity and economic growth
Financial inclusion is an important aspect of the country’s efforts to ensure an improved quality of life for all
The study was the first of its kind in the country
South Africa must continue to apply local and international insights into the importance of financial education in driving economic growth
Bank takes a holistic view to effect change
The unbanked are at risk, forum hears
Bank takes a holistic view to effect change
Low-cost Mzansi accounts are losing ground to bank-branded products that are cheaper and more appropriate for low-income customers.
Two senior ANC members lashed out at Nedbank chairperson Reuel Khoza in media reports for his comments about a lack of leadership in South Africa.
Cabinet spokesperson Jimmy Manyi has lashed out at Nedbank chairperson Reuel Khoza for his "attack" on government.
The leaders of South Africa are a "strange breed who are set on undermining the institutions that underpin democracy, says Nedbank chair Reuel Khoza.
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.
The bond market, critical to service the country’s deficit, is coming under fire.
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/ 20 October 2011
After an increase of 8% in bank charges in 2011, Absa remains the most expensive commercial bank in SA, with Capitec the cheapest, says Solidarity.
While the financial world worries about a double-dip recession South African banks reported a decrease in bad debts.
Nedbank said nationalisation would have a negative effect on investor confidence and would not help attract job-creating investment.
Big South African banks are expected to show scant underlying growth when they report first-half earnings in coming weeks.
What are some of the best South African loyalty
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Nedbank, South Africa’s fourth-largest bank, reported a 16% jump in non-interest revenue in the first quarter.
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/ 28 February 2011
Nedbank Group beat expectations with a 9% increase in annual profit on Monday, helped by a fall in bad debts.
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/ 1 December 2010
Nedbank clients will pay less than they did in 2005, but only if they adopt electronic channels.
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/ 26 November 2010
"The growth figures underline the fragile nature of recovery. Further easing in monetary policy is still possible if growth disappoints again".
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/ 15 October 2010
Global banking giant HSBC announced on Friday that it had scrapped talks with Old Mutual over the purchase of a majority holding in Nedbank.
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/ 22 September 2010
According to ThinkMoney subscribers, banks that innovate are ayoba.
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/ 15 September 2010
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 is teaming up with Nedbank to deliver a phone-based cash transfer service, similar to a successful service operating in Kenya.