Improve card security, prevent fraud

2016-01-26 16:29

Banks walk a fine line between the efficient processing of card transactions worldwide, while still effectively preventing fraud, explains an expert.

Reckless Zim bankers face lengthy jail terms

2016-01-14 10:45

Zimbabwean bank executives found to have been negligent in bank collapses will face at least 10 years in jail, in terms of new laws to be signed by the president.

US Swiss bank programme reaches $1bn in fines

2015-12-24 10:27

US officials have announced settlements with four more Swiss banks to lift the total fines in the two-year disclosure programme to more than $1bn from 75 banks.

Teach your child to save

2015-12-11 10:00

In episode 13 of the “Change in your pocket” series by BrightRock, financial journalist Maya Fisher-French gives pointers to teach your children to save.

Keep your bank card close this festive season

2015-11-23 07:58

Card fraud may be declining, but you still need to be vigilant. Never let anyone help you enter your PIN at an ATM, writes Neesa Moodley.

Fewer non-performing loans for Nedbank's Zim unit

2015-11-12 13:36

The non-performing loans ratio for Nedbank’s Zimbabwean unit has dropped to 2.9%, in an ailing economy where other banks have been forced to write off crucial values.

Nedbank narrows net interest margin

2015-11-02 14:31

The net interest margin of Nedbank Group, the majority-owned banking subsidiary of Old Mutual, has narrowed in the third quarter, it says in a trade statement.

China bank lending up in September

2015-10-15 12:45

China's bank lending has increased in September from a month ago, after authorities stepped up efforts to boost slowing growth.

UK govt plans £2bn Lloyds retail share sale

2015-10-05 14:53

The UK finance ministry plans to sell at least £2bn worth of shares in Lloyds Banking Group to retail investors to return the bank to full private ownership.

Swift growth for bank messaging system

2015-09-14 06:45

Growth in financial transactions messaging system SWIFT's traffic volumes in the Middle East and Africa has accelerated by double-digit percentages this year.


Banking Banana Skins survey highlights problems

2016-01-20 13:51

The latest Banking Banana Skins survey shows SA banking executives and industry observers are concerned about the macro-economic environment.

Zim takes over $207m in bad loans from banks

2016-01-07 14:04

The Reserve Bank of Zimbabwe's special purpose vehicle has taken over bad loans worth $207m to clean the balance sheets of banks so that they can start afresh.

Banking index up 15% after Gordhan appointment

2015-12-14 09:54

Shares in the banking index soared 15% after President Jacob Zuma appointed Pravin Gordhan as the new finance minister late on Sunday.

FNB apologises for glitch

2015-11-28 17:17

First National Bank has apologised for inconveniencing some of its clients on Saturday.

Wema wants to become national bank

2015-11-19 19:17

The Weba Bank in Nigeria says it will resume plans for a share sale to fund growth and wants to get approval to switch from a regional to a national bank.

SA banks deliver robust performance

2015-11-06 18:00

Bank watchers can now rejoice as South Africa’s banking system has delivered positive results, despite a gloomy economy.

UK softens rules for senior bankers

2015-10-15 14:02

Britain has announced it is scrapping plans that would treat senior bankers as 'guilty until proven innocent', a move likely to infuriate regulators.

Former UBS banker avoids jail

2015-10-06 13:38

A former Swiss banker, who pleaded guilty to aiding Americans to hide money from US tax authorities, has been sentenced to five years probation.

Absa launches access to UK-managed fund

2015-09-15 13:10

Absa Active Asset Management has announced its new partnership with UK-based Schroders will now provide local investors access to the Global Recovery Fund.

Standard Bank glitches raise payment concerns

2015-09-11 06:00

Fin24 users have expressed their disappointment over Standard Bank’s internet and mobile app banking outage on Thursday.

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