The Banking community of South Africahttps://www.bizcommunity.com//196/513.htmlSouth Africa Banking news15Banking news - South Africahttps://biz-file.com/res/img/logo.gifThe Banking community of South Africahttps://www.bizcommunity.com//196/513.htmlen-usSat, 12 Aug 2023 09:00:38 +0200How decentralised digital currencies can empower sustainable financehttps://www.bizcommunity.com/Article/196/750/240934.html<p><img src="https://biz-file.com/c/2308/708693-208x117.jpg?2" width="208" height="117" alt="Chris Blair, CEO at 21st Century" align="left"><br><span >Chris Blair, CEO at 21st Century</span><p>Digital currencies, particularly decentralised ones, can play a transformative role in promoting sustainable finance and economic inclusion, key aspects of ESG. By leveraging blockchain-based digital currencies, businesses can create new models of financing that prioritise sustainability and social impact.</p><br> <a href="https://www.bizcommunity.com/Article/196/750/240934.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=750&ct=1&ci=240934">Send to a friend</a></p><div style="clear:left"></div>https://www.bizcommunity.com/Article/196/750/240934.htmlFri, 11 Aug 2023 16:26:00 +0200Bizcommunity Banking South Africa'Brics bank' looks to local currencies as Russia sanctions bitehttps://www.bizcommunity.com/Article/196/513/240915.html<p><img src="https://biz-file.com/c/2308/708605-208x117.jpg?5" width="208" height="117" alt="Source: Reuters." align="left"><br><span >Source: Reuters.</span><p>Hobbled by the impact of sanctions against founding shareholder Russia, the New Development Bank (NDB) set up by the Brics countries needs to increase its local currency fundraising and lending, South Africa's finance minister said.</p><br> <a href="https://www.bizcommunity.com/Article/196/513/240915.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=513&ct=1&ci=240915">Send to a friend</a></p><div style="clear:left"></div>https://www.bizcommunity.com/Article/196/513/240915.htmlFri, 11 Aug 2023 11:10:00 +0200Bizcommunity Banking South AfricaZenith Bank and AfCFTA revolutionise African tradehttps://www.bizcommunity.com/Article/410/513/240897.html<p><img src="https://biz-file.com/c/2308/708521-208x117.jpg?5" width="208" height="117" alt="Source: Twitter/@ZenithBank" align="left"><br><span >Source: Twitter/@ZenithBank</span><p>Nigeria's Zenith Bank has forged a strategic partnership with the African Continental Free Trade Area (AfCFTA) Secretariat, marking a significant stride towards the digital transformation of trade interactions across the African continent.</p><br> <a href="https://www.bizcommunity.com/Article/410/513/240897.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=410&c=513&ct=1&ci=240897">Send to a friend</a></p><div style="clear:left"></div>https://www.bizcommunity.com/Article/410/513/240897.htmlThu, 10 Aug 2023 15:48:00 +0200Bizcommunity Banking South AfricaFNB aims to empower 100 South African branches with solar powerhttps://www.bizcommunity.com/Article/196/513/240853.html<p><img src="https://biz-file.com/c/2308/708366-208x117.jpg?5" width="208" height="117" alt="Source: Supplied." align="left"><br><span >Source: Supplied.</span><p>FNB is taking bold steps in advancing environmental sustainability and operational resilience. With plans to implement solar power systems in 100 branches nationwide, FNB aims to enhance service continuity during load shedding while minimising its ecological footprint.</p><br> <a href="https://www.bizcommunity.com/Article/196/513/240853.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=513&ct=1&ci=240853">Send to a friend</a></p><div style="clear:left"></div>https://www.bizcommunity.com/Article/196/513/240853.htmlTue, 08 Aug 2023 15:44:00 +0200Bizcommunity Banking South AfricaNedbank posts 11% rise in half year profithttps://www.bizcommunity.com/Article/196/513/240822.html<p><img src="https://biz-file.com/c/2308/708203-208x117.jpg?6" width="208" height="117" alt="Source: Reuters." align="left"><br><span >Source: Reuters.</span><p>South Africa's Nedbank Group, among the top five lenders in the country, recorded an 11% rise in interim profit as it gained from high interest rates, even as its bad loans grew.</p><br> <a href="https://www.bizcommunity.com/Article/196/513/240822.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=513&ct=1&ci=240822">Send to a friend</a></p><div style="clear:left"></div>https://www.bizcommunity.com/Article/196/513/240822.htmlTue, 08 Aug 2023 10:15:00 +0200Bizcommunity Banking South AfricaMzansi's financial savviness surges: Banks must adapt to the shift in customer psychographicshttps://www.bizcommunity.com/Article/196/513/240810.html<p><img src="https://biz-file.com/c/2308/708158.png" width="208" height="117" alt="Mzansi's financial savviness surges: Banks must adapt to the shift in customer psychographics" align="left"><p>Banks play an important role in most people's lives, matching up creditors and borrowers, enabling domestic and international payments systems and, ultimately, making financial inclusion a reality.</p><br> <a href="https://www.bizcommunity.com/Article/196/513/240810.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=513&ct=1&ci=240810">Send to a friend</a></p><div style="clear:left"></div>https://www.bizcommunity.com/Article/196/513/240810.htmlMon, 07 Aug 2023 15:47:00 +0200Bizcommunity Banking South AfricaAnnouncing Remchannel's new MD designatehttps://www.bizcommunity.com/Article/196/513/240779.html<p><img src="https://biz-file.com/c/2308/708033-208x117.jpg?5" width="208" height="117" alt="Source: Supplied. Lindiwe Sebesho, Remchannel's new managing director." align="left"><br><span >Source: Supplied. Lindiwe Sebesho, Remchannel's new managing director.</span><p>Leading reward management business, Remchannel has appointed Lindiwe Sebesho as managing director designate, effective 1 August 2023.</p><br> <a href="https://www.bizcommunity.com/Article/196/513/240779.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=513&ct=1&ci=240779">Send to a friend</a></p><div style="clear:left"></div>https://www.bizcommunity.com/Article/196/513/240779.htmlMon, 07 Aug 2023 11:12:00 +0200Bizcommunity Banking South AfricaStandard Bank latest to shut the door on Sekunjalo-related accountshttps://www.bizcommunity.com/Article/196/513/240737.html<p><img src="https://biz-file.com/c/2308/707873-208x117.jpg?5" width="208" height="117" alt="Source: Standard Bank Group." align="left"><br><span >Source: Standard Bank Group.</span><p>Standard Bank has acted fast, following a recent ruling by the Competition Appeal Court (CAC) which sets aside an interim order granted by the Competition Tribunal obliging it, with seven other banks, to reinstate or maintain bank accounts for companies within the Sekunjalo Group.</p><br> <a href="https://www.bizcommunity.com/Article/196/513/240737.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=513&ct=1&ci=240737">Send to a friend</a></p><div style="clear:left"></div>https://www.bizcommunity.com/Article/196/513/240737.htmlFri, 04 Aug 2023 09:30:00 +0200Bizcommunity Banking South AfricaStandard Bank to acquire remainder of Liberty Two Degreeshttps://www.bizcommunity.com/Article/196/516/240560.html<p><img src="https://biz-file.com/c/2307/707232-208x117.jpg?2" width="208" height="117" alt="Image source: kritchanut –" align="left"><br><span >Image source: kritchanut – [[www.123rf.com 123RF.com]]</span><p>Standard Bank, Africa's largest lender by assets, will take full control of property company Liberty Two Degrees, its subsidiary said on Thursday, betting on a recovery in South Africa's depressed property prices.</p><br> <a href="https://www.bizcommunity.com/Article/196/516/240560.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=516&ct=1&ci=240560">Send to a friend</a></p><div style="clear:left"></div>https://www.bizcommunity.com/Article/196/516/240560.htmlFri, 28 Jul 2023 11:04:00 +0200Bizcommunity Banking South AfricaTraditional SA banking fraught with dated technology, dated thinking: can the cloud and AI help?https://www.bizcommunity.com/Article/196/513/240455.html<p><img src="https://biz-file.com/c/2307/706826-208x117.jpg?5" width="208" height="117" alt="Source:" align="left"><br><span >Source: [[https://www.pexels.com/search/AI/ Pexels]]</span><p>Traditional South African banks, and their associated dated computer systems, were not designed for the breadth of operations required in modern banking and are rapidly falling off the pace of current banking demands.</p><br> <a href="https://www.bizcommunity.com/Article/196/513/240455.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=513&ct=1&ci=240455">Send to a friend</a></p><div style="clear:left"></div>https://www.bizcommunity.com/Article/196/513/240455.htmlWed, 26 Jul 2023 16:18:00 +0200Bizcommunity Banking South Africa