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Yearly Archives: 2024
Standard Bank’s solar lending surges by 26%
Standard Bank reported a remarkable surge in demand for solar and energy-related (green solutions) products, fuelled by the success of the government's Energy Bounce-Back...
FNB seeks to capture the growing stokvel market
With over 11.5 million members, stokvels play a vital role in promoting savings culture and providing economic support to cope with rising prices, particularly...
Sanlam targets triple profit surge in India
Sanlam is strategically turning to India to bolster short-term profits as it navigates economic challenges in South Africa. CEO, Paul Hanratty, envisions a threefold...
TymeBank triumphantly attains profit milestone under five years
TymeBank posted its first-ever month of profit in December 2023 since its launch in 2018, positioning it as one of the fastest-growing digital banks...
SANRAL issues R28 billion tender surge to the construction industry
SANRAL is set to revitalize the construction industry by issuing tenders worth R28 billion in the first half of 2024. SANRAL plans to allocate...
South African banks lead in end-to-end sales & customer service
South Africa emerges as a frontrunner in the global digital banking arena, securing the second position on Oliver Wyman's digital-banking index and outperforming nations...
Capitec tops charts with most affordable online banking fees
MyBroadband's recent comprehensive examination of online banking fees reveals Capitec, with its GlobalOne account, as a clear winner over offerings from Absa, FNB, Nedbank...
Standard Bank’s and UnionPay’s alliance for African e-commerce
Standard Bank Group and UnionPay International (UPI) have entered a strategic partnership to introduce e-commerce acceptance across several African nations. This collaboration, leveraging Standard...
Ireland greenlights expansion approval for OUTsurance DAC
OUTsurance Group Limited (OGL) has announced that its new subsidiary, OUTsurance DAC, has received authorization to operate in Ireland. The Central Bank of Ireland...