SA banks still profitable in Zim

2013-08-30 09:58

Standard Bank Group's Zimbabwe unit Stanbic Bank as well as Nedbank-owned MBCA have remained profitable, despite the country's challenging banking environment.

SA banks may be forced to list on ZSE

2013-05-21 10:39

Zimbabwe may compel SA and other international banks operating in the country to list on its stock exchange, Finance Minister Tendai Biti reportedly said.

New Standard Bank boss speaks out on Zim

2013-03-08 09:32

Standard Bank Group's new joint CEO Ben Kruger feels giving away majority ownership of its Zimbabwean unit Stanbic Bank will not be in the bank's interests.

Standard Bank bids farewell to Maree

2013-03-07 11:31

Standard Bank CEO Jacko Maree has retired after leading Africa's biggest bank for 13 years, during which he grew market capitalisation and share price.

Growing African business boosts Liberty

2013-02-28 08:54

SA's third-largest insurer by market value, Liberty posted an expected 39% hike in full-year earnings after a strong performance by its African operations.

Standard Bank slapped with R528m fine

2012-12-07 08:12

Standard Bank has been ordered to pay R528m to a union pension fund after a court ruled that it had dealt in the fund's shares improperly.

Standard scoops global finance awards

2012-11-01 12:05

Standard Bank has garnered eight awards at a prestigious magazine's global awards ceremony in Japan, in categories including forex and trade finance.

Standard Bank to carry out maintenance

2012-10-05 14:10

Standard Bank says it will carry out scheduled maintenance on some of its banking facilities from 3pm on Sunday.

Absa rivals to escape its debt woes

2012-07-06 15:04

Thanks to more prudent loan provisions, SA's big lenders such as Standard Bank are unlikely to be hit by the spike in bad debts that has plagued Absa Group.

Standard wins prestigious Chinese award

2012-06-20 14:43

Standard Bank has been recognised as the Best Investment Bank in China for 2011/2012 at the China Outbound Investment Summit 2012‚ held in Beijing.

FNB lodges complaint against Standard

2012-03-23 08:01

First National Bank has hit back at Standard by complaining about one of its adverts to the Advertising Standards Authority.

Hard times over for SA's major banks

2012-03-11 15:31

After a couple of difficult years, SA's four big banks have again shown good growth in earnings and the sector is looking healthy.

22seven gets FNB nod

2012-02-15 07:39

First National Bank is the first of the big four banks to allow new financial management service 22seven access to clients' accounts.

Standard Bank loans up 50% in 2011

2012-01-27 09:56

Standard Bank, Africa’s largest lender, lent R75bn to its South African personal and business customers in 2011, nearly 50% more than the previous year.

Africa a potential jackpot for SA banks

2011-10-02 15:05

Up to 90% of Africans do not have access to banking services and with almost a billion potential clients this holds great promise - and unique risks.

Standard Bank profit up 11%

2011-08-11 08:43

Standard Bank, Africa's biggest bank by assets, has been bolstered by a decline in bad debts as underlying growth remains subdued.

Big four banks trek into Africa

2011-07-24 16:01

SA customers are poised to benefit from alliances local banks have forged with other lenders in Africa.

Storm in a B-Cup

2011-06-09 00:00

The principle of incentives to reward corporate performance is well entrenched in the capitalist system. There’s no denying incentives drive executive behaviour and influence decision-making.


My Sars phishing scam experience

2013-07-04 09:27

A Fin24 user tells how he fell victim to the tax refund scam currently doing the rounds, saying his bank washed its hands of all responsibility.

Delta Property plans R300m bond sale

2013-05-07 14:00

Newly-listed black-owned listed property company Delta Property Fund plans to sell as much as R300m of bonds to help repay revolving credit facilities.

Maree a force of nature - Busa

2013-03-07 17:38

Business Leadership SA CEO Thero Setiloane has paid tribute to outgoing Standard Bank group CEO Jacko Maree's contribution to SA banking and business.

Standard Bank CEO Jacko Maree retires

2013-03-07 08:09

Jacko Maree will step down with immediate effect as chief executive of Standard Bank, the banks says.

Nedbank is SA's most expensive bank

2013-01-17 15:06

Nedbank has again emerged as the most expensive bank in South Africa, an annual bank charges report shows.

Standard Bank to appeal R528m fine

2012-12-07 12:40

Standard Bank says it will appeal an arbitration ruling to refund at least R528m worth of shares to a union pension fund.

Standard Bank is SA’s greenest company

2012-10-29 12:46

Standard Bank has been ranked South Africa's greenest company in the 2012 Newsweek Green Rankings.

Banks taken to task over repossessions

2012-08-17 15:04

An advocacy group has taken SA's big four banks as well as the Reserve Bank to the high court for a full investigation into the banking system.

Zimbabwe takes aim at banks

2012-07-03 11:41

Zimbabwe has given foreign-owned banks a year to hand over 51% stakes to locals, as President Robert Mugabe ramps up the country's empowerment drive.

Standard Bank boosts earnings

2012-03-08 08:59

Standard Bank has reported an expected 21% rise in full-year profit helped by a decline in bad debts, and says it expects subdued growth in 2012.

Standard Bank expects 22% profit jump

2012-02-23 08:58

Standard Bank, Africa’s biggest lender by assets, says full-year profit has likely risen by as much as 22%, largely in line with analysts’ forecasts.

Banks move into Mzansi market

2012-02-03 07:54

Absa has become the latest of SA's big four banks to target the entry-level market with a new simplified account.

Poor snub Mzansi account

2011-12-11 12:49

The low-cost Mzansi account launched by banks in 2005 amid much fanfare, is on the brink of extinction.

Standard to have M&A 'war chest'

2011-08-11 15:35

Standard Bank will have a "war chest" for potential acquisitions in Africa following two recent asset sales, CEO Jacko Maree says.

Banks to retrench workers

2011-08-11 07:31

Retrenchments are looming in the home loan departments of two major banks, according to a media report.

Stanbic ventures into Islamic banking

2011-07-04 14:16

Standard Bank's Nigerian unit has been given approval to set up an Islamic banking arm.

Nasty surprise as bank adjusts rates

2011-06-21 23:03

Homeowners are fighting back after the interest rates on their bond repayments were quietly hiked.

Standard Bank may sell Argentine arm

2011-06-17 21:01

The Industrial and Commercial Bank of China, a key stakeholder in Standard Bank, is expected to buy the SA bank's Argentine operation.

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