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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

SA banking system: Resilient financials amid a weakening economy drive our stable outlook, says Moody’s

Moody’s says in its outlook on the SA banking system issued today: We have changed our outlook for the South African banking system to stable from negative, reflecting our assessment that the banks’ financial metrics and creditworthiness will remain resilient over the next 12 to 18 months, despite weakening operating conditions. Slow economic growth will […]

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It’s a buyers’ market for house sales

What banks consider when assessing a home loan application

Most often, consumers rely on real estate agents or third parties to assist them with home loan applications. This results in them not fully understanding what banks consider when approving or declining an application. (more…)

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Nico van Staden

How to improve your credit score

Access to credit can be a cornerstone to personal growth and many consumers can relate to the excitement and relief of qualifying for credit to buy a house, a car or to cover education costs and medical emergencies. (more…)

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The real cost of banking

Fees have increasingly been in the spotlight in 2018, and with rising competition in the banking sector and budgets coming under severe pressure, Bianca Botes, Corporate Treasury Manager at Peregrine Treasury Solutions, notes that it is high time South African businesses took a hard look at their banking costs.  (more…)

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Group Chief Executive Maria Ramos stands in front of the new Absa logo at the JSE on 11 July 2018

Barclays Africa Group Relaunches as Absa Group with a Fresh New Look

Group starts trading on Johannesburg Stock Exchange as ‘Absa Group’ Absa Group to complete roll-out of new Absa brand design in SA in 2019 Absa Group to complete rebranding of Barclays subsidiaries in Africa in 2020 Barclays Africa Group Limited has officially been renamed Absa Group Limited and started trading under its new name and […]

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FNB branches widen digital banking reach

FNB customers are increasingly using the bank’s branch based Digital Zones to transact. The bank says the use of its Digital Zones has grown considerably since introduction in 2016 with more than a third of all service transactions done in branches, completed in the digital zone. Lee-Anne van Zyl, CEO of FNB Points of Presence, […]

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Standard Bank Wealth and Investment wins awards

Standard Bank Wealth and Investment has won the prestigious award for Best Private Bank in South Africa and Top Wealth Manager for Wealthy Executives following the announcement by Intellidex and Investor’s Monthly at the SA’s Top Private Banks and Wealth Managers awards function last evening. (more…)

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Old Mutual CEO Peter Moyo

Final countdown to Old Mutual Limited listing on African stock exchanges

Ahead of the primary listing of Old Mutual Limited (OML) in the continent of its origin next week, Old Mutual said it was taking the final steps to ensure its successful debut as a stand-alone business on several stock exchanges in Africa on Tuesday, 26 June. (more…)

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