Standard Bank charges 67 staff with malpractice in South Africa
The bank has already fired more than 30 of its employees for allegedly creating ghost accounts....
Tag : South Africa banks
South Africa slashes interest rates to lowest in four years
The Monetary Policy Committee voted in unison to lower the repurchase rate to 6.25% from 6.5%...
South Africa’s Absa eyes China as part of Asia expansion
The lender is seeking to create a diverse portfolio across businesses and countries...
South Africa central bank: Africapacity eyeing VBS for R2 bn
Africapacity made its intent known although it is yet to formally apply for a banking licence...
Standard Bank on target to raise stake in Kenya’s Stanbic to 75%
The South African bank has increased its stake in Stanbic to 69.1% by December 2018...
South Africa’s central bank prepares to sell 50% stake in African Bank
African Bank was placed under the central bank five years ago when low-income clients failed to pay back personal loans...