News
Financial Crime Partnership
Members of the banking community and the sector’s regulatory and supervisory authorities are making inroads in targeting and disrupting financial crime through a financial information sharing partnership, called SAMLIT (South African Anti-Money Laundering Integrated Task Force).
Read MoreBanking POPIA Code of Conduct
In terms of the provisions of section 61 (2) of POPIA, the Information Regulator (South Africa) gives notice that the Regulator is in receipt of a code of conduct from the Banking Association South Africa (BASA) that deals with how personal information will be processed by the member banks.
Read MoreMay Update: COVID-19 Loan Guarantee
As at 08 May 2021, R18,35 billion in loans had been approved by banks and taken up by small businesses under the Covid-19 Loan Guarantee Scheme, an increase of R12,60 million over the previous two weeks.
Read MoreSA SMME COVID-19 Impact Report
The COVID-19 pandemic resulted in a lockdown that had a devastating impact on the livelihood of small businesses. According to the National Income Dynamics Study (Coronavirus Rapid Mobile Survey), a consumer study, South Africa has lost a decade’s worth of jobs in less than half a year of lockdown and the economy slowed by 16.4% in the second quarter of 2020 compared with the first quarter of 2020.
Read MoreCovid-19
Find out more information about Loan Guarantee Scheme, Government Vaccine Toolkit & The SA SMME COVID-19 Impact Report
Read MoreLoan Guarantee Scheme
Read MoreCOVID-19 Loan Guarantee Updates
Read MoreLoan Guarantee Scheme Background
Read MoreTransformation Banking Report
The Banking Association South Africa (BASA) Transformation in Banking Report 2020 reflects the progress made by banks in transforming the industry and increasing economic inclusiveness and empowerment, despite constrained economic conditions.Significant progress was made on key metrics that track the transformation of the industry and its support for Broad-based Black Economic Empowerment in 2019.
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