Banking / General

Earnings vs. Lifestyle: half of salary earners have nearly empty accounts before payday

Nearly half of salary earners are left with less than R1,000 or have negative balances by payday. Standard Bank analysed data from over 402,000 individuals who receive their salaries on popular payment dates, including mid-month, the 25th, and month-end.

South African Banks Show Resilience Amidst Economic Turbulence

The South African banking sector has demonstrated remarkable resilience and adaptability in the first half of 2024, despite navigating a landscape fraught with challenges.

Standard Bank sees 13% drop in branch transactions as clients shift to digital channels

Standard Bank branch transactions decreased by 13% in the first half of 2024 to around 2.5 million transactions as clients shifted to digital channels.

FNB Islamic Banking named the Best Islamic Banking Window for the eighth year running