S&P: No plans to downgrade SA banks

2014-08-21 11:58

Rating agency Standard & Poor's says it does not intend to downgrade SA's biggest lenders, easing concerns that Moody's cut could have a knock-on impact.

SA bank index down after Moody's downgrade

2014-08-20 10:50

Shares of SA banks have fallen after a Moody's ratings downgrade cited a lower likelihood of support from Sarb to protect creditors.

Moody's cuts ratings of four more top banks

2014-08-19 18:27

Moody's has downgraded the credit rating of Standard Bank, Absa, FNB and Nedbank after Capitec suffered the same fate.

Ecobank made governance progress - Nedbank

2014-08-05 13:00

Pan African lender Ecobank Transnational has made progress in resolving governance problems, says the CEO of its alliance partner Nedbank Group.

R699 car drivers moving forward

2014-07-13 11:50

Satinsky clients are taking action as information about the group’s undoing and possible fraud comes to light.

Old Mutual appoints new CFO, COO

2014-05-14 11:47

Insurer Old Mutual says a senior Nedbank executive will become its new finance director, joining a small group of female FTSE 100 finance chiefs.

Don't make more debt, expert warns

2014-05-07 07:30

The biggest challenge for already debt-ridden consumers is resisting the urge to spend or make more debt, an expert warns.

Surprised to find zero balance in account

2014-04-15 15:25

A Fin24 user was shocked to discover that his savings account had seemingly been closed and was showing a zero balance.

SABC3 fined R10 000 for Expresso’s Nedbank competition error

2014-03-12 12:22

SABC3 has been fined R10 000 by the BCCSA after the TV channel's show Expresso was found to have misled viewers in an on-air competition from Nedbank.

Nedbank launches Fair Share 2030

2014-02-25 17:18

Nedbank has launched Fair Share 2030, its business response to a series of economic, social and environmental challenges that threaten society.

Global unit trust gains

2014-02-17 11:46

A Fin24 user wants to know why global category unit trusts are performing so well.

Rate hike impact on commercial property

2014-01-30 19:03

The immediately impact of the interest rate hike will be on the prices of listed property stocks, which have already dropped in response, says an expert.

SA banks score first with e-billing services

2014-01-15 11:29

BankservAfrica and ebpSource have introduced South Africa's first-ever bank-based electronic billing and payment service.

Wallet nightmare: Which bank scores best

2013-11-19 07:14

How would your bank react if you suddenly find yourself without your bank cards? Adriaan Kruger canvassed a few banks to find out.


Some people simply don’t understand the level of expenses they would need to incur when buying a home, says an expert.

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The affordable housing market is an area that Nedbank is constantly looking to grow, says Timothy Akinnusi, homeloans head of sales and client value management.

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Nedbank on track to meet full-year target

2013-10-28 08:56

Nedbank has reported an 8% earnings rise from lending for its first nine months, and says it is on track to meet its full-year target for profit growth.

Man-days lost to strikes skyrocket

2013-10-06 16:38

The number of man-days lost due to strikes has averaged 3.4 million for the nearly two decades since democracy, says a political analyst.

Cronin: Public works misspent R3.65bn

2013-09-18 15:08

The troubled public works department has racked up R3.65bn in irregular spending since 2009, says Public Works Deputy Minister Jeremy Cronin.

ADVERTORIAL: Introducing the Nedbank Small Business Index™

2013-09-10 13:03

For the small business sector to not only survive but also thrive, it needs to access in-depth industry trends and insights. Read what Nedbank has to offer.

ADVERTORIAL: Financing a major concern for businesses

2013-09-06 11:41

Business owners rate obtaining finance as very difficult according to the latest survey results from Nedbank Small Business Index™. Myth or fact?

Banks must cut costs, urges union

2013-08-20 20:30

The banking sector needs a shake up in order for consumers to pay less charges, says trade union Solidarity.

Standard Bank intensifies push into Africa

2013-08-19 16:07

Standard Bank Group is setting up representative offices in Ethiopia and Ivory Coast, the lender's latest push into sub Saharan Africa, where it already has operations 18 countries.

Nedbank buys Shabangu's building for R66m

2013-08-14 12:08

Roux Shabangu's building which he bought for R220m and valued at R850m has been sold to Nedbank for R66m at an auction.

Nedbank joins forces with Bank of China

2013-08-06 10:53

Nedbank and the Bank of China have embraced each other in order to make full use of the increasingly important role China plays in Africa.


Banking downgrade piles on economic pain

2014-08-20 17:53

Moody's surprise downgrade of the country's four top banks has sent shares in the lenders lower and piled further pressure on the economy.

SA's banking sector is healthy - Sarb

2014-08-20 07:00

The South African Reserve Bank has disputed Moody's decision to downgrade Standard Bank, FirstRand, Absa and Nedbank and put them on review for further cuts.

Ecobank bets on Nedbank taking 20% stake

2014-08-19 15:09

Pan-African lender Ecobank is expecting South Africa's Nedbank to convert a $285m loan to shares in Ecobank before the end of the year.

New medical facilities for Century City

2014-07-30 11:30

Century City in Cape Town will soon boast a day clinic and associated medical suites following the obtaining of funding of R63.6m.

W Cape financial planner faces fraud charges

2014-06-11 20:19

A former financial planner at Nedbank faces fraud charges for allegedly duping clients into making investments for his own benefit.

Lending rise boosts Nedbank income

2014-05-13 11:28

Nedbank has reported an 8.7% jump in net interest income in the first quarter, after a lending push grew total advances by nearly 15%.

Get free petrol from your bank

2014-04-27 12:04

A quick survey of the large retail banks shows that motorists have to date received more than R300m worth of free petrol.

New partnership set to help entrepreneurs

2014-03-10 16:51

A new partnership between Nedbank and the Branson Centre of Entrepreneurship will enable budding entrepreneurs to participate in entrepreneurial development.

Nedbank results better than expected

2014-02-24 11:09

Nedbank, South Africa's fourth largest banking group, reported a better-than-expected rise in full-year earnings.

Global unit trust gains

2014-02-13 17:30

A Fin24 user wants to know why global category unit trusts are performing so well.

Kalmer ditched by Nedbank

2014-01-24 18:04

Top South African road runner Rene Kalmer will not be running in Nedbank colours this year, after her contract was not renewed.

Bank saves money on social media monitoring

2014-01-08 17:11

As a result of technology implementation Nedbank has reduced social media monitoring costs by over a million rand a year.


Not understanding affordability is one of the most common mistakes people make when buying a home, an expert says.

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The affordable housing market is an area that Nedbank is constantly looking to grow, says Timothy Akinnusi, homeloans head of sales and client value management.

0 comments 0 Views

Nedbank launches Innovation Lab

2013-10-29 19:55

Nedbank launches Innovation Lab The bank hopes the lab, based in Sandton, will help it grow its business in new areas.

Banks hit by card fraud syndicate

2013-10-16 16:36

Banks have lost millions of rands due to an international fraud syndicate that stole card details from restaurant chains, the Payments Association of SA says.

SA banks stable, despite headwinds

2013-09-18 16:22

The South African banking system remains stable, in spite of the challenging local and global economic climate, according to a report by PricewaterhouseCoopers.

ADVERTORIAL: Recruiting via referrals for small business

2013-09-10 11:54

Any manager will tell you that recruiting the right staff is one of their most challenging tasks, more so for small business owners, who cannot afford to hire the wrong person.

The best value at your bank

2013-09-01 12:27

Have a look at which bank accounts offer the best value for an individual making about 29 transactions a month.

Bank charges a lot better - survey

2013-08-20 15:51

According to a research report the cheapest mainstream account in 2013 is Capitec's Global One Account, which cost consumers just over R50 a month.

Shabangu building gone for a song

2013-08-14 15:48

Roux Shabangu’s Sanlam Middestad building should have fetched something in the region of R150m to R200m, says an auctioneer.

Nedbank to intervene in Shabangu case

2013-08-13 08:26

The high court has granted Nedbank permission to intervene in an application to have property mogul Roux Shabangu's business liquidated, according to a report.

Nedbank profits from bank charges

2013-08-06 10:13

Nedbank Group has posted a 13% rise in first-half profit,boosted by strong growth in income from fees.

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