nCino is assisting with building the bank’s Business Banking loan management system, optimising its simplicity and efficiency in line with Capitec’s mission to help clients bank better to live better.
Financial services provider, Absa Group Limited, plans to implement a second significant broad-based black economic empowerment (B-BBEE) transaction as part of its broader efforts to achieve transformation in a meaningful and sustainable way.
Following the devastating scenes of unrest and violence in parts of South Africa, and the vandalising of infrastructure, Absa has introduced a range of customised relief measures for customers impacted by the recent disorder.
The destruction of bank branches and automatic teller machines (ATMs) in KZN and Gauteng, and threats to the safety of bank employees, directly imperils the safety, social security, economic activity, and jobs of many thousands of South Africans, the Banking Association of South Africa (BASA) says in a statement
The official launch of Access Bank South Africa Limited took place on Monday, marking another step in engraving the bank into the continent’s history. Noting the enthusiasm of all parties leading up to the day, Access Bank CEO Herbert Wigwe says the SADC region represents the strongest economy on the African continent. “This means Access Bank SA is firmly seated in one of the principal geographical areas apart from Nigeria, in terms of the size of the economy, and unlocks the gateway to the entire Southern African region.”
The South African Reserve Bank (SARB) has imposed administrative sanctions on Deutsche Bank AG - Johannesburg Branch (Deutsche Bank) and directed the bank to take remedial actions. The SARB found weaknesses in the bank’s money laundering control measures following an inspection conducted in 2019 in terms of the Financial Intelligence Centre Act 38 of 2001 (FIC Act).
Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za