The Economist – The Good Bank. The Good Bank is a unique project organised by the Economist Intelligence Unit (EIU) to examine how banking can better serve the needs of society. It will bring together experts to discuss and share ideas on what makes for a Good Bank and to participate in a conversation about … Continue reading
08 May. African Bank is a symptom of a recurring ailment. ‘We have seen this particular tearjerker of a movie play itself out often enough in the past. The cast might be different but the script is the same. “A particular asset class sees exponential growth (corporate credit in 1996/97, microloans/second-tier banks in 2001/02, home … Continue reading
Overview. Global economic growth remained weak during the period under review with downside risks, which include the continued uncertainty regarding a lasting solution to the sovereign debt crisis in the euro area and the threatening ‘fiscal cliff’ in the United States (US). Negative prospects for economic growth in advanced economies pose a serious threat to … Continue reading
Executive summary. The Office of the Registrar of Banks (this Office) hereby informs all relevant persons of matters related to the prescribed minimum required capital ratios and the application of various components of the said capital requirements such as the systemic risk capital requirement (Pillar 2A), the domestic systemically important bank (D-SIB) capital requirement, the … Continue reading
Deputy Finance Minister Nhlanhla Nene says SA’s banks must identify projects in the state’s multitrillion-rand infrastructure programme that they can fund. This could help ease the pressure on the government to use debt and tax collections to fund the infrastructure build, especially at a time when revenue is constrained by a weak global economy. … Continue reading
The Ernst & Young Financial services index survey measures the performance of the banking, investment management and life assurance sectors on a quarterly and consistent basis. Financial services index Q1 2012. Banking confidence was sharply higher in the first quarter of 2012, with both retail and investment banks reporting stronger profits, This is an indication … Continue reading
South African Reserve Bank Fact Sheets. The South African Reserve Bank has recently updated its series of ten Fact Books: No. 1 – Introduction to the South African Reserve Bank Establishment of the Bank The South African Reserve Bank (the Bank) is the central bank of the Republic of South Africa. The Bank was established … Continue reading
FNB Rex Column: Interest rate prospects appear stable. The SARB recently suggested a broadening inflationary pressure, possibly increasingly demand-led. This comes as a bit of a surprise. CPI inflation bottomed 18 months ago near 3%, and has ever since been rising, headline faster than core, led by aggressive increases in food, electricity and petrol. Headline … Continue reading
27 Feb. The world’s major emerging economies on Saturday rejected the tradition that an American automatically is selected to head the World Bank and they will look at putting forward their own candidate for the open job. Finance chiefs from the Brics group of emerging market powerhouses — Brazil, Russia, India, China and South Africa … Continue reading
The Ernst & Young Financial services index survey measures the performance of the banking, investment management and life assurance sectors on a quarterly and consistent basis. Financial services index Q4 2011. Bank confidence rose noticeably upwards in the fourth quarter, although there is no clear trend emerging just yet. Life Insurers on the other hand, … Continue reading