Tough macroeconomy impacts bank impairments

2016-09-14 18:42

Impairment charges for the South Africa's big four banks was up 26.8% for the first half of 2016.

Middle-segment house price growth lowest in 4 years

2016-09-09 18:47

The average nominal value of middle-segment homes in SA has slowed further in August to its lowest level in almost four years, says Absa's property analyst.

Gupta bank probe a 'political hit' on Treasury, Sarb - Maynier

2016-09-02 10:56

A judicial inquiry into the banks’ conduct over the blacklisting of Gupta-owned businesses will force ratings agencies to downgrade SA to junk status, says the DA.

Absa appoints Jason Quinn as financial director

2016-08-15 19:24

Jason Quinn has been appointed Barclays Africa Group financial director and financial director of Absa Bank.

How the cheapest bank in SA stacks up against the rest

2016-08-10 18:41

All four big banks are now in fierce competition with Capitec in the basic bank account market, a new report on bank charges shows.

Absa’s Facebook Messenger banking sparks security fears

2016-07-20 11:54

Fin24 users have expressed security concerns over Absa’s move to launch a ‘world-first’ Facebook Messenger internet banking service.

SHARE WATCH: Some defensive plays in volatile times

2016-07-11 12:18

Overberg Asset Management analyst Kirk Swart looks at defensive plays in this week's five shares to watch.

What SA's top 5 banks say about MMM

2016-06-10 07:30

As more and more MMM users complain about not being able to get cash from other users, SA’s top five banks respond to a query about the scheme's banking activity.

Absa assures customers: Twitter banking is safe

2016-06-06 10:51

Absa has assured customers of the safety of its new 'ChatBanking' platform that enables banking via social network Twitter.

Sonja Saunders: Focus shifting from big picture returns to investor needs

2016-05-23 20:18

Outcome-based investing is all about the dialogue, the handholding exercise and the expectation management of a client, says a financial adviser.


Big SA banks doing exceptionally well - PwC

2016-09-14 11:05

SA's major banks have posted combined headline earnings of R34.6bn in the first half of the year despite a challenging global and local economic environment, says PwC.

PIC's Barclays Africa deal runs into trouble

2016-09-02 21:15

Plans by the Public Investment Corp to form a group made up of black shareholders to buy a stake in Barclays Africa Group are being hindered, sources say.

Building a house now costs 7.5% more

2016-08-19 17:51

The average cost of new housing build has increased by 7.5% year-on-year in the first half of 2016, compared to the corresponding period last year.

Absa clients fuming over double charge

2016-08-12 16:57

Frustrated Absa clients left out of pocket after being charged twice for a single transaction on their debit and credit cards are demanding answers from the bank.

Barclays Africa first-half profit slows as economic growth drops

2016-07-29 08:10

Absa's parent company Barclays Africa Group says first-half profit rose 3.7%, after credit impairments and non-performing loans increased and SA's economy shrank.

Absa launches 'world-first' Facebook Messenger banking

2016-07-19 16:59

Local financial services giant Absa [JSE:ABSP] has unveiled what it calls ‘ChatBanking for Facebook Messenger', a world-first use of the social network that allows customers to access their banking services.

FNB labels Absa Twitter banking a ‘fad’

2016-06-13 10:07

First National Bank has labelled social media banking as a passing fad but has affirmed that it's attempting to keep ahead of the technological curve.

Price more important as poor economy hits property buyers

2016-06-09 18:00

Affordability and mortgage finance are becoming increasingly important for prospective property buyers, says Jacques du Toit, property analyst at Absa Home Loans.

Make mobile banking data free, urge Fin24 users

2016-05-27 12:01

South African banks should move to zero-rate banking via mobile applications, Fin24 users have urged.

Deslin Naidoo: Re-defining active fund management

2016-05-23 20:07

It is not so much a question of active or passive fund mangement as broadening the definitions of active to make it more effective at an earlier stage, says an adviser.

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