What is happening to house price growth in Cape Town suburbs?

2019-08-18 19:45

FNB economist Siphamandla Mkhwanazi breaks down the sub-regional data for Cape Town suburbs in terms of house price growth.

The hunt for ‘realistic car fuel consumption figures’ – financial powerhouses to conduct fuel economy tour in SA

2019-08-07 11:38

Financial powerhouses WesBank and First National Bank (FNB) are joining forces to to conduct a Fuel Economy Tour of South Africa that they say "will provide motorists with definitive fuel consumption figures."

Concerns for retail property sector - survey

2019-08-02 18:40

Consumer spending can likely not be the driving force anymore of the outperformance of retail property over industrial property and office space, says John Loos of FNB Commercial Property Finance.

Why South Africans are selling residential property

2019-07-03 10:50

The percentage of residential properties being sold in SA because the owners are downscaling due to financial pressure, has increased, says FNB.

'Free money' in your FNB wallet? Bank confirms incorrect balances in some accounts

2019-06-19 10:08

On Tuesday afternoon some of the bank's customers started to post on social media that their bank balances had increased.

EXCLUSIVE: Organised crime behind massive R1.6bn debit order scam

2019-06-02 07:29

An extensive investigation into illegal debit order scams involving the country’s major commercial banks has revealed the existence of organised crime syndicates seemingly operating on a massive scale.

4 important questions to ask about your retirement

2019-04-29 11:11

It is important to decide at what age you would like to retire to ensure that you have contributed enough, says a wealth manager at FNB.

SA consumer confidence dips to weakest level since 2017

2019-04-24 09:21

South African consumer confidence declined to its lowest level in more than a year in the first quarter as expectations of an economic recovery dimmed.

House price growth still below inflation - index

2019-04-12 21:03

The FNB House Price Index was relatively flat at 3.8% year-on-year in March, compared to 3.7% y/y in February, says FNB economist Siphamandla Mkhwanazi.

African Bank is being beaten back into shape with digital plan

2019-03-25 07:22

African Bank Holdings is joining the rush into digital banking to fail-proof the business and provide an exit for shareholders that resurrected the lender from its collapsed former parent.

 

Emigration sales intensify in Cape Town, foreign buyers play less prominent role - index

2019-08-17 07:15

Emigration sales have intensified in Cape Town and foreign buyers play a less prominent role in the Mother City's residential property market, FNB research shows.

Buy-to-let sales recover steadily along coast, decline continues inland

2019-08-04 17:52

Buy-to-let home buying is stabilising, although at lower levels, according to the latest FNB Estate Agent Survey for the second quarter of 2019.

FNB investigating Mkhwebane's personal bank account - report

2019-08-02 13:47

Public Protector Busisiwe Mkhwebane's personal bank account is currently under investigation by First National Bank for possible exchange control violations.

Property market picks up after election, but not enough

2019-07-02 20:59

Activity in the residential property market has picked up after the elections, although not enough to counteract the decline in the months before, according to the FNB Property Barometer.

In real terms, SA house prices on the decline - FNB

2019-06-06 22:25

In real terms, average house prices continue to decline, which FNB sees as a continuation of a downward adjustment in line with subdued economic activity.

From guarding flamingo feathers to furthering fintech - how FNB made it to 180 years

2019-04-29 20:24

From accepting wool and flamingo feathers for safe keeping, to providing innovative tools for people to manage their finances, the message of helping people has been consistent over FNB's 180-year existence, says CEO Jacques Celliers.

FNB CEO: We want to be like Spotify for your financial playlist

2019-04-29 06:30

FNB CEO Jacques Celliers shares insights on the bank's journey from digital to platform banking.

Load shedding is tripping up banking – FNB CEO

2019-04-16 07:00

FNB has gone from storing flamingo feathers in the 1800s to modern-day fintech, but its digital plans could be scuppered by load shedding.

Civil construction goes from bad to worse as confidence hits record low

2019-03-26 13:02

The performance of the civil construction sector in South Africa has gone from bad to worse, with the latest FNB/BER Civil Confidence Index reflecting the lowest confidence levels ever recorded.

'We like competition' – FNB CEO on new entrants in banking sector

2019-03-13 05:00

"We want to win Wimbledon when Federer is playing, not when novices play," the FNB CEO has said of the competition posed by new banks like TymeDigital, Bank Zero, and Discovery Bank.

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