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Ins and outs of Islamic banking

28 April 2016

It’s been over a decade since some of South Africa’s leading commercial banks introduced Islamic Banking services but despite the progress, there are still numerous misconceptions about this alternate form of banking.

Business banking charges: Brace yourselves

14 April 2016

South Africa’s banking sector is experiencing just as many difficulties as every other business because of the deteriorating economic outlook, says Andries Kok, CFO of PayAccSys. And, just like every other business, banks are seeking ways of increasing their income.

Bank confidence remains weak, led by falling investment bank sentiment

13 April 2016

A survey released by EY today indicates that banking confidence remained weak in the first quarter of 2016, with investment banking confidence falling sharply, but remaining nevertheless above retail banking levels. Investment banking confidence fell a strong 27 index points.

Absa bank deepens its bancassurance service offering in Kwazulu-Natal

17 February 2016

Absa Bank Ltd (Absa) deepens its fully-fledged bancassurance services offerings, which differentiates itself through the customised solutions it provides to clients, in Kwazulu-Natal.

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The strongest deterrent against FSP compliance missteps is or should be:

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A criminal conviction Debarment Fine or penalty Any of the above can work

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