News Archive - Page 23 of 35 - The Banking Association South Africa

News

BASA ENCOURAGES MARKET PARTICIPANTS TO ADOPT THE FX GLOBAL CODE

The FX Global Code is a set of principles of good practice for the foreign exchange market, which was developed by a partnership of central banks and market participants from around the world.

FSCA WARNS THE PUBLIC AGAINST MRS SADIA AKBAR.

The Financial Sector Conduct Authority (FSCA) warns the public to act with caution when dealing with Sadia Akbar. According to the information received, Mrs Akbar purports to be an employee of an entity called Financial Service Authority.

SARB VBS MUTUAL BANK MEDIA BRIEFING

Reserve Bank Governor Lesetja Kganyago, his deputy and CEO of the Prudential Authority Kuben Naidoo are holding a briefing on Monday to update the public on VBS Mutual Bank.

DISCOVERY BANK BECOMES NEW MEMBER

The Banking Association South Africa welcomed its newest member, Discovery Bank, at a certificate handover ceremony at the Discovery building recently.

BANKS TO HELP ENSURE THE LONG-TERM SUSTAINABILITY OF SOES

The ministers of Public Enterprises and Finance, Pravin Gordhan and Nhlanhla Nene, as well as the Deputy Minister of Finance, Mondli Gungubele, met with the boards of the Banking Association South Africa (BASA) and the Association for Investment and Saving SA, on Tuesday 19 June 2018.

TRYING TO SEE A WAY FORWARD FOR THE COUNTRY AFTER ZUMA

The conversation Indlulamithi hopes to engender is: if any of the scenarios which will be revealed on June 21 start to come to the fore, do we have the right policies and strategies to move away from undesirable scenarios and maximise the desirable ones?

THESE ARE THE 18 BIGGEST BANKS IN SOUTH AFRICA – INCLUDING DISCOVERY

According to the report, total banking sector assets increased from R4.88 trillion in December 2016 to R5.16 trillion at the end of 2017.

2017 AGM CHAIRPERSON’S REPORT

The year was marked by rapid legislative change, muted economic growth and political uncertainty.

IMPORTANCE OF BUILDING PLANS

It is crucial for home owners to ensure that there is an approved building plan in place for all improvements to the property and that potential home buyers ask for a copy of an approved building plans when purchasing a home.

FIVE BANKS RANKED AMONG SA’S STRONGEST BRANDS

Brand Finance, a business valuation and strategy consultancy company, mentioned ABSA, Capitec, FNB, Nedbank and Standard Bank among the top 10 strongest brands in its report.