ARTICLES RELATING TO BANKING

BoE boss urges government to break up RBS

2013-03-06 20:07

The British government has been urged to split the Royal Bank of Scotland into "good" and "bad" bank divisions to return it more quickly to the private sector.

One-man bank keeps businesses running

2013-02-13 14:11

Peter Breiter is a one-man banker who does not believe in complicated financial instruments, but he keeps German village businesses running.

Financing a car while jobless

2012-12-11 10:10

A Fin24 user wants to know whether a car dealer can refuse to accept an agreement if one is unemployed.

FNB scoops global banking award

2012-10-10 16:49

First National Bank has been chosen from more than 150 entries from over 30 countries to win the Most Innovative Bank of the Year Award.

Bank urges caution on Zim lending

2012-10-02 18:21

The African Development Bank has voiced concern over the level of non-performing loans in Zimbabwe's banking sector.

Standard tops bank credit ratings

2012-09-04 12:19

Standard Bank's national long-and short-term rating has been affirmed at the highest credit rating currently accorded to a bank in the country.

Swiss banks deny helping tax dodgers

2012-09-03 20:44

Credit Suisse has refuted allegations that Swiss banks are undermining a tax pact with Germany by helping rich clients move funds to avoid tax.

Capitec drops to seven-week low

2012-08-30 16:32

Capitec Holdings share price came under continued selling pressure‚ dropping another 3% to a seven-week lows after the banking group forecast slower earnings growth on Tuesday.

Chequemate?

2011-07-28 00:00

You know you put it somewhere safe but when last did you see your chequebook? Considering what banks charge to write and process cheques, you’d be justified in thinking the financial sector is doing its best to eradicate a payment mechanism that’s at least 800 years old with its roots set in early European cross-border trade.

Conflicted

2011-07-14 00:00

If Bidvest succeeds in its unsolicited R1,4bn takeover bid for struggling banking minnow Mercantile, three long-serving directors – including chairman Cyril Ramaphosa – may finally need to make pivotal choices regarding the board seats they hold to avoid suggestions of conflicts of interest.

Headwinds ahead

2011-07-07 00:00

One of the basics when it comes to investing is that markets traditionally love low interest rates. Access to cheap capital encourages borrowing and the growth generated through that process leads to economic expansion and the ability of borrowers to make good on their debt obligations.

Daylight robbery

2011-06-09 00:00

A colleague recently put R50 worth of petrol into his car to help him hobble to work. The station’s forecourt swipe machines were out of order so the petrol attendant recommended he go into the convenience shop and draw the necessary cash.

Scrum down

2011-03-24 21:36

You can still go from cents to rand, says Vic de Klerk.

Africa at core of Standard strategy

2011-03-15 18:39

In the wake of a disposal of its stake in a Russian bank, Standard Bank CEO Sim Tshabalala says expansion in Africa is a priority.

Regulator urges culture change in banks

2011-03-15 12:05

The Financial Services Board says it is drawing up a plan to get banks to treat their customers more fairly.

African banking set for impressive growth

2011-03-04 12:46

Growth of 15% a year until 2020, boosted by cellphone banking, is forecast for Africa's financial services, a study by consultancy Bain & Company says.

How to avoid excessive bank charges

2011-02-15 10:16

Banks do not warn you about finer details of their charges and a way to avoid higher fees is to do electronic payments, not debit orders, advises Vic de Klerk.

More money in your pocket

2011-02-08 12:00

With all the price increases, consumers are left with less money. Here's what to do in these difficult times.

Ubank partners with Blue Label

2010-12-02 16:01

Ubank says it has partnered with Blue Label Telecoms to expand services to SA's unbanked.

More money in your pocket

2010-10-05 12:00

With all the price increases, consumers are left with less money. Here's what to do in these difficult times.

Will switching banks lower my interest rate?

2010-10-01 12:01

A Fin24.com user banks with Standard Bank, but has a personal loan with Absa. Will moving to Absa lower her interest rate? The bank responds.

Banks pin hopes on cellphones

2010-09-19 11:23

Banks hope to tap the unbanked market through mobile technology, but more needs to be done.

Billions hidden 'under mattresses'

2010-09-07 22:02

South Africans have about R12bn hidden "under mattresses", which could have an enormous impact if the money was released, an expert says.

 

New bank targets Congo Republic market

2013-03-12 09:36

The Republic of Congo has established a Postal Bank with the aim of reaching a wider part of its population, of whom only about 5% have bank accounts.

FNB, MTN satisfy customers most - survey

2013-02-26 17:40
79 comments

SA banking and mobile consumers are among the most satisfied in the world, with FNB and MTN coming out tops, a survey shows.

Global body warns G20 on financial unity

2013-02-11 19:59

The global banking industry has urged the Group of 20 economic powers to deliver on pledges to harmonise financial regulation.

The Steve Jobs of banking

2012-10-14 14:21

FNB’s chief executive is redefining the future of the finance industry.

Absa BEE partner offloads R3.4bn stake

2012-10-10 15:07

Absa says its eight-year partnership with its black economic empowerment partner Batho Bonke created value for both parties.

Capitec eyes overseas growth

2012-09-26 15:25

Capitec has plans “to internationalise” SA’s fastest-growing low cost bank in the long term and India is one of the markets it could enter, says its CEO.

I was retrenched

2012-09-04 12:00

Sandra Beswick says it took a lot of will power to be positive

Banking system security trumps BEE

2012-09-02 18:11

Basel III regulations will take precedence when it comes to dealing with BEE in banks to safeguard SA's financial stability, says an industry expert.

Old Mutual profit up on Nedbank strength

2012-03-09 10:05

Old Mutual has reported a 14% profit rise on cost cuts and strong growth at Nedbank.

Steady as she goes

2011-07-21 00:00

To make some sense of Nedbank’s sparsely worded second quarter 2011 trading update you have to go back six months, extrapolate a bit and read the tea leaves to try to figure out what is happening operationally inside SA’s number four bank.

Battle for the bottom

2011-07-07 00:00

By the time South Africa’s big banks realised they were missing out on a feeding frenzy at the bottom end of the banking market, Capitec had 2m clients and was growing aggressively, courtesy of the active marketing of its offering as being the cheapest in the country.

Not quite a U-turn

2011-06-16 00:00

Firstrand retail banking unit FNB has made limited concessions to one of its more outrageous banking charges but has warned it will continue to penalise those of its clients on cheaper fee packages who use the infrastructure of other banks to transact.

How to avoid fraud by skimming

2011-05-06 08:48

Customers must be careful when using their bank cards to prevent being defrauded by "skimmers", Standard Bank warns.

Blow to banks as indebted get a break

2011-03-31 11:58

A new ruling places a strict cap on how much you can owe, which must scare the banks, say debt counsellors.

FirstRand in Tanzania expansion

2011-03-17 17:33

FNB has obtained a banking licence and is to start operating in Tanzania by the middle of the year, Firstrand says.

Treasury supports banker pay rules

2011-03-15 15:38

The Treasury says it backs international moves to rein in pay structures that encourage risky behavior.

Earnings, profit rise for Firstrand

2011-03-07 15:28

An increase in loan demand and a decline in bad debts have helped Firstrand report a 9% lift in first-half profit.

Standard Chartered net profit soars

2011-03-02 18:17

British-based emerging markets bank Standard Chartered says its 2010 net profit soared by almost a third as it delivered a record performance for an eighth successive year.

Talk to us, bankers tell Zuma

2011-02-11 14:59

The Banking Association of SA says it wants to meet with President Jacob Zuma to discuss appropriate regulation of the industry.

Retail banks' confidence plummets

2011-01-18 16:52

Confidence in SA's retail banking sector has dropped dramatically, a survey shows.

SA's banks get rating upgrade

2010-11-04 18:36

Ratings agency Moody's says the local banking sector will be bolstered as South Africa recovers from recession and low inflation persists.

Banking apprehension subsides

2010-10-05 10:55

Retail and investment banking confidence has moved upwards thanks to a turnaround in credit demand and falling impairment costs, a new survey shows.

New Basel rules rein in banks

2010-09-26 12:43

New Basel III bank capital rules encourage a back-to-basics approach for banking and could therefore see those in major emerging countries benefitting most.

 
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