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Absa announced today that it will award customers who maintain good payment records an automatic 1% refund of the original loan value every year through its Personal Loan Cash Back offer. The offer, which is a first in South African banking, gives bor
The financial results of South Africa’s four major banks’ (Absa, First Rand, Nedbank and Standard Bank) for the six months ended 31 December 2011 are a positive reflection of the financial health of the industry in that they show that the banks remain sta
Globally the risk of another economic recession and a renewed banking crisis is high, according to a report of the dangers currently facing the banking industry.
A survey released by Ernst & Young today indicates that banking confidence rose in the fourth quarter, after a weak third quarter. The survey found that confidence rose in both the retail and corporate segments of the market. Banking confidence rose from
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?