B2B Central

Banking

21 Sep 2018

5 Reasons to Love ChatBanking on WhatsApp

By Janice Roberts

By Suzanne Patterson, Senior Digital Product Owner (Retail & Business Banking), Absa Group Limited. How many times do you check your phone every day? Probably a good few. And if you’re like most other people with a smartphone in South Africa – or anywhere in the world, actually – chances are that it doesn’t end...
11 Sep 2018

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

By Janice Roberts

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...
18 Aug 2018

What banks consider when assessing a home loan application

By Janice Roberts

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.
18 Aug 2018

How to improve your credit score

By Janice Roberts

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.
15 Aug 2018

The real cost of banking

By Janice Roberts

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. 
11 Jul 2018

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

By Janice Roberts

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...
02 Jul 2018

FNB branches widen digital banking reach

By Janice Roberts

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,...
27 Jun 2018

Standard Bank Wealth and Investment wins awards

By Janice Roberts

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.
22 Jun 2018

Final countdown to Old Mutual Limited listing on African stock exchanges

By Janice Roberts

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.
20 Jun 2018

FNB sets its sights on growing female entrepreneurs in South Africa

By Janice Roberts

FNB has set its sights on growing women owned and led businesses in South Africa, a commitment that has seen the bank enter into partnerships to facilitate mentorship for some of the most promising enterprises.
06 Jun 2018

Freeze/Unfreeze function puts clients in full control of card security

By Janice Roberts

Nedbank continues to offer its clients more features and benefits via its Nedbank Money™ App, with the latest being the ability to temporarily stop their cards using the Freeze/Unfreeze feature, giving its clients a whole new level of control over their card security. The Freeze function disables all chip transactions, ATM withdrawals and online purchases...
09 May 2018

Busy year for Banking Ombudsman

By Janice Roberts

The Ombudsman for Banking Services (OBS) has today released its Annual Report on operations for 2017. Key highlights for the year are that 7056 formal cases that were opened, showed an unprecedented 35% increase from the previous year. “This is an indication of a growing need for the ombudsman’s services in the sector, and  a...