https://www.bizcommunity.com/196/513.html South Africa Banking news 15 Banking news - South Africa https://www.bizcommunity.com/res/img/logo.gif https://www.bizcommunity.com/196/513.html en-us Sat, 04 Jul 2026 15:52:46 +0200 https://www.bizcommunity.com/article/south-africa-top-court-says-bank-rand-rigging-case-can-proceed-953844a South Africa's Constitutional Court ruled on Tuesday, 30 June 2026 that competition authorities can pursue forex-rigging claims against six banks including JPMorgan Chase, BNP Paribas and HSBC, clearing the way for a full hearing of allegations that global lenders colluded to manipulate the rand more than a decade ago. 1-269484 Wed, 01 Jul 2026 09:30:00 +0200 Bizcommunity Banking South Africa https://www.bizcommunity.com/article/china-approves-standard-bank-icbc-for-africa-yuan-clearing-519200a China's central bank has authorised Standard Bank and Industrial and Commercial Bank of China to clear Renminbi across Africa, as Beijing steps up efforts to promote the global use of its currency. 1-269386 Fri, 26 Jun 2026 19:11:00 +0200 Bizcommunity Banking South Africa https://www.bizcommunity.com/article/african-bank-appoints-new-personal-banking-chief-as-it-targets-growth-397088a African Bank has appointed banking executive Happy Ralinala as Group Chief Executive: Personal Banking, strengthening its leadership team as it enters the next phase of its strategic transformation. 1-269383 Fri, 26 Jun 2026 17:55:00 +0200 Bizcommunity Banking South Africa https://www.bizcommunity.com/article/r624m-loss-but-capital-ratio-258-keeps-african-bank-standing-175816a African Bank has posted a net after-tax loss of R624m for the six months to 31 March 2026, as rising credit impairments and integration costs linked to its recent acquisitions weighed on earnings. 1-269318 Thu, 25 Jun 2026 11:15:00 +0200 Bizcommunity Banking South Africa https://www.bizcommunity.com/article/african-frontier-capital-secures-50m-green-bond-for-solar-rollout-175746a Standard Chartered has acted as sole placement agent, settlement agent and sustainability structurer on a $50m senior unsecured green bond private placement for African Frontier Capital (AFC), a transaction aimed at accelerating access to clean energy across sub-Saharan Africa. 1-269298 Wed, 24 Jun 2026 13:17:00 +0200 Bizcommunity Banking South Africa https://www.bizcommunity.com/article/standard-chartered-explores-sale-of-bahrain-wealth-and-retail-unit-064685a Standard Chartered said on Tuesday, 23 June 2026 it is exploring the sale of its wealth and retail banking business in Bahrain, as the London-headquartered lender continues to focus its businesses and client segments where it has the greatest scale. 1-269247 Tue, 23 Jun 2026 13:01:00 +0200 Bizcommunity Banking South Africa https://www.bizcommunity.com/article/lloyds-weighs-bid-for-aldermore-as-south-africa-firstrand-seeks-exit-sky-news-reports-286837a Lloyds Banking Group is exploring a potential takeover of Aldermore, the lender being sold by South Africa's FirstRand amid a motor finance mis-selling scandal engulfing Britain's banking sector, Sky News reported on Monday. 1-269220 Tue, 23 Jun 2026 07:10:00 +0200 Bizcommunity Banking South Africa https://www.bizcommunity.com/article/your-bank-will-not-cover-everything-personal-cyber-insurance-might-842833a There is a common assumption that when something goes wrong online, the bank sorts it out. It is an understandable belief, and for some types of fraud, it holds up. But it is far from the whole picture, and the gap between what people expect and what they are actually covered for is growing wider as cybercrime in South Africa becomes more sophisticated and more personal. 1-269189 Mon, 22 Jun 2026 11:07:00 +0200 Bizcommunity Banking South Africa https://www.bizcommunity.com/article/absa-to-raise-kenya-unit-stake-via-238m-tender-offer-175106a Absa Group said on Friday, 19 June 2026 it plans to increase its stake in Absa Bank Kenya to as much as 85% through a tender offer worth about $238m. 1-269178 Mon, 22 Jun 2026 09:01:00 +0200 Bizcommunity Banking South Africa https://www.bizcommunity.com/article/standard-bank-connect-launches-esim-service-as-mobile-push-expands-731752a Standard Bank Connect has launched eSIM functionality as part of its broader expansion into digital mobile services, allowing customers to activate and manage mobile plans without a physical SIM card. 1-269142 Thu, 18 Jun 2026 16:22:00 +0200 Bizcommunity Banking South Africa