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Standard Bank

Fix your home loan at 9%?
Article
/ 9 December 2011

Fix your home loan at 9%?

Homeowners with mortgages can take up offers not seen in the market for a long time.

By Maya Fisher French
Dirty energy financiers shamed
Article
/ 2 December 2011

Dirty energy financiers shamed

Where is all the money coming from to build dirty coal-powered energy plants?

By Lloyd Gedye
No image available
Article
/ 1 December 2011

Standard Bank defends coal station funding

It would not be possible for developing countries, including South Africa, to immediately stop using coal-fired power generation, Standard Bank says.

By Staff Reporter
Banks buckle under weight of new rules
Article
/ 21 October 2011

Banks buckle under weight of new rules

Standard Bank’s Sim Tshabalala explains how 150 non-banking laws and Basel III are strangling banking.

By Sharda Naidoo
No image available
Article
/ 20 October 2011

Absa is SA’s most expensive bank, says Solidarity

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.

By Staff Reporter
Why Basel III will raise home loan costs
Article
/ 14 October 2011

Why Basel III will raise home loan costs

Implementation of Basel III will make it more expensive for potential buyers to get home loans.

By Maya Fisher French
No image available
Article
/ 30 September 2011

Standard Bank stumps up $500m for Zambian mine loan

Standard Bank says it has provided a $500-million loan facility to Zambia’s largest mining company, Vedanta Resources’s Konkola Copper Mines.

By Staff Reporter
How to get more out of your bank
Article
/ 9 September 2011

How to get more out of your bank

The main obstacle to moving accounts is the inconvenience, writes <b>Teigue Payne</b>.

By Teigue Payne
No image available
Article
/ 6 September 2011

Rand softer vs dollar on euro jitters

The rand was softer against the dollar in early morning trade as it tracked a jittery euro, and analysts say they expect the rand to keep weakening.

By Janice Roberts
Bad-debt ratio improves for banks
Article
/ 19 August 2011

Bad-debt ratio improves for banks

While the financial world worries about a double-dip recession South African banks reported a decrease in bad debts.

By Lisa Steyn
No image available
Article
/ 11 August 2011

Standard Bank headline earnings up

The country’s biggest banking group in terms of assets has reported an 11% increase in normalised headline earnings for the six months ended June 30.

By Staff Reporter
No image available
Article
/ 29 July 2011

SA banks to post little real first-half growth

Big South African banks are expected to show scant underlying growth when they report first-half earnings in coming weeks.

By Helen Nyambura-Mwaura
No image available
Article
/ 13 July 2011

Standard Bank remains Africa’s top bank

Standard Bank has again been named as Africa’s top bank in the <i>Banker</i> magazine’s 2011 rankings of the world’s top banks.

By Staff Reporter
Acid mine report is a ‘ruse’
Article
/ 8 July 2011

Acid mine report is a ‘ruse’

Critics say a document that downplays the mine flooding risk in Johannesburg soothes business fears.

By Fiona Macleod
Banking on spaza shops
Article
/ 1 July 2011

Banking on spaza shops

Standard Bank has been signing up thousands of new clients each month to an account that is cheap and easily accessible.

By Maya Fisher French
No image available
Article
/ 29 June 2011

Gold Fields in $60mln loan deal with Stanbic Ghana

Stanbic Bank Ghana, a unit of SA’s Standard Bank, says it has closed a $60-million senior revolving loan with Gold Fields’ unit in the country.

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
No image available
Article
/ 3 March 2011

Standard Bank profit drops on weak demand

Standard Bank reported its third straight decline in annual profit on slack demand for loans and said it owuld continue to keep a lid on costs.

By David Dolan
No image available
Article
/ 4 February 2011

Consumers cautious with their credit cards

Standard Bank says fewer credit-card holders are defaulting and most are spending more responsibly.

By Fiona Zerbst
No image available
Article
/ 20 December 2010

Standard Bank ‘arrogant’ over retrenchments

Trade union Solidarity has accused Standard Bank of an "arrogant slap in the face" for employees facing retrenchment.

By Staff Reporter
No image available
Article
/ 2 December 2010

Standard Bank sees full-year profit down

Standard Bank warned on Thursday it expects its full-year profit to drop as much as 12%, hit by lower revenue and costs from recent job cuts.

By Staff Reporter
No image available
Article
/ 19 November 2010

Standard Bank to cut sport sponsorships

Standard Bank announced it would not renew sponsorship contracts with Cricket SA, Kaizer Chiefs and Orlando Pirates in 2011.

By Staff Reporter
Switching banks makes more cents
Article
/ 15 November 2010

Switching banks makes more cents

FNB emerges as the cheapest of the big four on the back of an aggressive marketing campaign.

By Maya Fisher French
No image available
Article
/ 12 November 2010

Union, bank told to resume talks over retrenchments

Financial-sector union Sasbo and Standard Bank were ordered by a court on Friday to continue talks on retrenchments at the bank.

By Staff Reporter
No image available
Article
/ 11 November 2010

Standard Bank to meet some demands over retrenchments

Standard Bank has made a proposal to meet some of the demands of Sasbo, the finance union, over retrenchments, the Labour Court heard on Thursday.

By Staff Reporter
No image available
Article
/ 8 November 2010

Union takes bank to court over retrenchments

Finance union Sasbo filed papers with the Labour Court on Monday to obtain an urgent interdict against Standard Bank retrenching staff.

By Staff Reporter
No image available
Article
/ 2 November 2010

Report puts Standard Bank, Absa top of the bank-fee pile

Standard Bank and Absa were rated the most expensive banks in South Africa in the Solidarity bank costs report, released on Tuesday.

By Maya Fisher French
No image available
Article
/ 29 October 2010

Standard Bank: ‘It’s been a very difficult year’

There will be no more retrenchments in the foreseeable future, Standard Bank CEO Jacko Maree said at a media briefing on Friday.

By Tarryn Harbour
No image available
Article
/ 29 October 2010

Standard Bank: Low revenue behind retrenchments

A slowdown in revenue and the deterioration in cost-to-income ratio led to the bank retrenching more than 1 500 senior staff members, it says.

By Staff Reporter
No image available
Article
/ 29 October 2010

Retrenchments ‘just basic economics’

The retrenchment of 2&nbsp;100 Standard Bank employees is nothing more sinister than basic economics, say analysts.

By Tarryn Harbour
No image available
Article
/ 22 October 2010

Union may approach court over bank’s retrenchments

Solidarity may approach cto halt Standard Bank’s retrenchment process if the bank does not immediately send a Section 189 notice to the trade union.

By Staff Reporter
No image available
Article
/ 12 August 2010

Standard Bank first-half profit

Standard Bank reported a 9% rise in first-half profit on Thursday, helped by a decline in bad debts, but remained cautious due to the slow recovery.

By Staff Reporter
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