News
THE STATE OF UNSECURED LENDING IN SA
Over-indebtedness among poor South Africans places strain on families, society and the economy. Adequately managing this debt is a vital concern for banks, which are mandated to extend necessary services – like credit - to the underserved; protect the deposits with which they are entrusted; and provide ongoing financial education that empowers their customers to make informed decisions.
Read MoreNEW ESKOM BOARD APPOINTED
The appointment of a new board of directors for Eskom will go a long way towards rebuilding confidence in the leadership in our country and in our economy.
Read MoreLESETJA KGANYAGO APPOINTED IMF INTERNATIONAL MONETARY AND FINANCIAL COMMITTEE CHAIR
We welcome the appointment of South African Reserve Bank governor Lesetja Kganyago as chair of the International Monetary and Financial Committee of the International Monetary Fund.
Read MoreBASA SGM GRADUATES WITH PHD ON 5 DECEMBER
An examination of the relationship between national identity and sovereignty: debates around the South African nation-state from 1990 to 2010.
Read MoreNEWLY ELECTED ANC LEADERSHIP SHOULD FOCUS ON POLICY CERTAINTY AND SOCIAL COHESION
The Banking Association welcomes the successful conclusion of the African National Congress’s 54th National Conference.
Read MoreTHE ANC’S 54TH NATIONAL CONFERENCE
The successful conclusion of the 2017 ANC Elective Conference over the coming days is the single most pressing national priority South Africa currently faces.
Read MoreSTANDARD BANK APPOINTS LUNGISA FUZILE AS CEO
The appointment of Lungisa Fuzile as CEO of Standard Bank South Africa imparts additional strong leadership and world-class credentials to the banking sector and is wholeheartedly welcomed.
Read MoreS&P DOWNGRADES SOUTH AFRICA’S LONG-TERM LOCAL AND FOREIGN CURRENCY RATING
The decision by S&P to downgrade South Africa’s long-term local currently rating, and our long-term foreign currency debt has serious consequences for the poorest of the poor in our country with a catastrophic impact on our country’s economic prospects.
Read MoreFITCH TO LEAVE THE SOUTH AFRICAN CREDIT RATINGS UNCHANGED
We welcome the decision by Fitch to leave the South African local and foreign currency credit ratings unchanged, albeit at sub-investment grade.
Read MoreBASA OPINION PARLIAMENT DEBATE – NATIONALISATION OF BANKS
The debate in parliament regarding nationalisation of banks is alarming. Any nationalisation of banks will have a direct impact on stability, and will seriously undermine what fragile levels of confidence remain in our economy and society.
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