| STANDARD 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 … | | | | | | |
| Covid-19 Loan Update March | Covid-19 Loan Guarantee Scheme Update March 2021 As of 27 February 2021, R18,01 billion in loans had been approved by … | | | | | | |
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| Climate Risk Forum Webinar | The session is scheduled for 30 March, 11:15 to 12:45, details included on the invite. Registration Link: Climate Risk Forum … | | | | | | |
| FITCH TO LEAVE THE SOUTH AFRICAN CREDIT RATINGS UNCHANGED | 24 November 2017 STATEMENT BY CAS COOVADIA, MD OF THE BANKING ASSOCIATION SOUTH AFRICA We welcome the decision by Fitch … | | | | | | |
| BASA OPINION PARLIAMENT DEBATE – NATIONALISATION OF BANKS | 07 November 2017 STATEMENT BY CAS COOVADIA, MD OF THE BANKING ASSOCIATION SOUTH AFRICA The debate in parliament regarding nationalisation … | | | | | | |
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| Do not Take the Bait: OBS Warns | Protect your livelihood-Do not Take the Bait: A Warning from the OBS With an increase in banking fraud, and a … | | | | | | |
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| COVID-19 Loan Scheme Q&A | As a result of the novel coronavirus and the steps taken to curb its spread, many businesses face a significant … | | | | | | |
| PRESIDENT SIGNS IN FINANCIAL SECTOR REGULATION ACT OF 2017 | We welcome the President’s signing into law of the Financial Sector Regulation Act of 2017. The banking industry fully supported … | | | | | | |
| Loan Guarantee Scheme Opens | The Covid-19 loan guarantee scheme announced by President Cyril Ramaphosa in April will operate from today, 12 May 2020. The … | | | | | | |
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| BASA SUPPORTS THE INDEPENDENCE OF THE SA RESERVE BANK | The Banking Association South Africa notes the recent statements around the South African Reserve Bank made during the African National … | | | | | | |
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| FINANCIAL SECTOR REGULATION BILL NEWS ARTICLE – JUNE 2017 | 22 June 2017 STATEMENT BY THE MD OF THE BANKING ASSOCIATION SOUTH AFRICA, CAS COOVADIA We welcome today’s passing of … | | | | | | |
| STATEMENT PUBLIC PROTECTOR & SA RESERVE BANK – 2017 | 20 June 2017 Comments by the Public Protector relating to the mandate of the SA Reserve Bank are particularly alarming. … | | | | | | |
| April Update: Debt Relief for Customers | In the two weeks between 25 April to 09 May 2020, Banking Association South Africa (BASA) members extended an additional … | | | | | | |
| MOODY’S DOWNGRADES SOUTH AFRICA’S FIVE MAJOR BANKS | 13 June 2017 STATEMENT FROM MD OF THE BANKING ASSOCIATION SOUTH AFRICA, CAS COOVADIA The recent credit-rating downgrades of … | | | | | | |
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| SA 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 … | | | | | | |
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| The Fifth CYFI Summit | The Fifth Child and Youth Finance International Summit – to be held under the banner of “Economic Citizenship and Employment: … | | | | | | |
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| SABRIC Welcomes New CEO | The South African Banking Risk Information Centre (SABRIC) is delighted to welcome Nischal Mewalall, who today starts his tenure as … | | | | | | |
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| RAMAPHOSA ANNOUNCES SMALLER CABINET | The announcement of a smaller cabinet and performance agreements for the new ministers is an important commitment by President Cyril … | | | | | | |
| SA BANKS MEET WITH NEW FINANCE MINISTER – APRIL 2017 | STATEMENT BY CAS COOVADIA, MD OF THE BANKING ASSOCIATION OF SOUTH AFRICA The leaders of South Africa’s banks this afternoon … | | | | | | |
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| BASA OBJECTS TO THE REMOVAL OF THE FINANCE MINISTER | Statement By Cas Coovadia, MD of The Banking Association South Africa The vacuum of leadership caused by the announcement of … | | | | | | |
| SA’s Anti-Money Laundering | SA’s Anti-Money Laundering Measures Under Global Spotlight The world’s money-laundering policemen are in SA to evaluate this country’s compliance with … | | | | | | |
| Covid-19 Loan Guarantee Scheme | The Covid-19 Loan Guarantee Scheme and debt relief for bank customers South African banks have approved just over R7 billion … | | | | | | |
| BANKING INDUSTRY INDUSTRIAL DEVELOPMENT PRESENTATION – 2011 | The passing of Ahmed Kathrada is a sad day for our whole country. While we come together to remember Uncle … | | | | | | |
| Sabric Annual Crime Stats 2019 | SABRIC, the South African Banking Risk Information Centre, on behalf of the banking industry has released its annual crime stats … | | | | | | |
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| Supplementary Budget June 2020 | Statement on the June 2020 Supplementary Budget During his supplementary budget speech, the Minister of Finance, Tito Mboweni, called on … | | | | | | |
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| SONA 2017 – TRANSFORMING AND GROWING THE ECONOMY | 7 February 2017 This SONA is delivered in the year Oliver Reginald Tambo would have turned 100 years old! Oliver … | | | | | | |
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| PRESIDENT’S REFERRAL OF FICA BILL – PARLIAMENT JANUARY 2017 | News Release January 2017 Banking Association South Africa (BASA) appeared before Parliament’s Standing Committee on Finance on 25th January 2017. … | | | | | | |
| Tips to prevent Card Not Present (CNP) Fraud | Tips to prevent Card Not Present (CNP) Fraud Personal information includes identity documents, driver’s licenses, passports, addresses and … | | | | | | |
| BANKER SA – PRESIDENT ZUMA REMOVES FINANCE MINISTER | This edition of Banker SA marks the end of a tumultuous year in South Africa. The seminal year was actually … | | | | | | |
| NPA WITHDRAWS CHARGES AGAINST MINISTER OF FINANCE, GORDHAN | NEWS RELEASE The Banking Association South Africa (BASA) notes today’s decision by the National Prosecuting Authority to withdraw the charges … | | | | | | |
| 2016 MEDIUM TERM BUDGET POLICY STATEMENT – PRAVIN GORDHAN | NEWS RELEASE The Banking Association South Africa (BASA) welcomes the Medium Term Budget Policy Statement (MTBPS) tabled by the Minister … | | | | | | |
| Moody’s Outlook Negative | South Africa has been spared a credit rating downgrade, despite an economic environment that is not conducive to investment, inclusive … | | | | | | |
| ALLEGATIONS REGARDING THE MINISTER OF FINANCE – AUGUST 2016 | MEDIA STATEMENT 24 August 2016 The Banking Association South Africa (BASA) is extremely concerned around the events regarding the Minister … | | | | | | |
| HOW SA AVERTED THE CREDIT DOWNGRADE – WITH CAS COOVADIA | Join us as our guest of honour, Cas Coovadia, (Managing Director of the Banking Association of South Africa) shares his … | | | | | | |
| S&P’S SOUTH AFRICAN SOVEREIGN RATING AND OUTLOOK – JUNE 2016 | MEDIA STATEMENT S&P’s review of South African sovereign rating and outlook The Banking Association South Africa (BASA) welcomes the outcome … | | | | | | |
| BASA 1ST AFRICAN BANKING INDUSTRY ASSOCIATION TO JOIN UNEP FI | 27 May 2016 Joint Media Statement: The Banking Association South Africa and UNEP FI BASA signs agreement to join UNEP … | | | | | | |
| June Debt Relief Update | South African banks have so far approved more than R30,6 billion in relief to individuals and businesses affected by the … | | | | | | |
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| Debt Relief Consequences | Solani Rivele, a single mother of four, earns about R800 a week but owes 100 times that amount in loans. … | | | | | | |
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| NEWS – CONSTITUTIONAL COURT JUDGEMENT PUBLIC PROTECTOR | The Banking Association South Africa commends and notes with serious concern the implications of the judgement handed down by the … | | | | | | |
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| BASA MEDIA STATEMENT – ANC NEC RESOLUTIONS – MARCH 2016 | The Banking Association South Africa (The Banking Association) notes the resolutions of the African National Congress (ANC) National Executive Committee … | | | | | | |
| Festive Season Awareness | SABRIC, the South African Banking Risk Information Centre, on behalf of the banking industry would like to share the tactics … | | | | | | |
| NEWS – FINANCE MINISTER MCEBISI JONAS COMES FORWARD | The Banking Association South Africa (The Banking Association) “commends Deputy Finance Minister, Mcebisi Jonas for publicly coming forward on being … | | | | | | |
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| AFLOUTAN DAY 2016 – MANAGING MONEY – STAYING OUT OF DEBT | AFLATOUN DAY 2016 Thursday, 17 March 2016 Aflatoun Day (Thursday, 17 March) is the culmination of Global Money Week which … | | | | | | |
| Tips to Empower Bank Clients | Confidential and personal information Do’s: Use strong passwords for all your accounts. Change your password regularly and never share them … | | | | | | |
| GLOBAL MONEY WEEK – 2016 | GLOBAL MONEY WEEK 14 – 20 March 2016 THEME: ‘Take Part. Save Smart!’ 1. WHAT Global Money Week (GMW) is … | | | | | | |
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| NEWS RELEASE BUDGET SPEECH 2016 BY PRAVIN GORDHAN | 2016 Budget Speech Check against delivery Pravin Gordhan Minister of Finance 24 February 2016 ISBN: 978-0-621-44246-5 RP: 17/2016 … | | | | | | |
| Financial Crime Partnership | Tuesday, 10 December 2019: Monday, 9 December 2019 saw the launch of South Africa’s first public private partnership, between the … | | | | | | |
| Kganyago Re-appointed as Governor SARB | STATEMENT BY THE BANKING ASSOCIATION SOUTH AFRICA The announcement of the re-appointment of Lesetja Kganyago as Governor of the South … | | | | | | |
| Loan Pricing From a Commercial Bank | By Pierre Venter Banks contribute positively to society by enabling simple, safe and efficient management of money. Banks are profit-orientated … | | | | | | |
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| Regulation for Big Tech | HOW SHOULD REGULATION ADAPT AS BIG TECH INCREASINGLY ENTERS BANKING? The International Banking Federation (IBFed) and Oliver Wyman published their … | | | | | | |
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| COVID-19 Loan Guarantee Update | Update on COVID-19 Loan Guarantee Scheme The Covid-19 Loan Guarantee Scheme was set up to help ease some pressure off … | | | | | | |
| COVID-19 Loan Guarantee FAQ | Answering Your Questions About the COVID-19 Loan Guarantee Scheme The Covid-19 Loan Guarantee Scheme provides loans, substantially guaranteed by government, … | | | | | | |
| BASA WELCOME STATE OF THE NATION ADDRESS 2019 | The Banking Association South Africa welcomes the State of the Nation Address as a firm statement of intent on South … | | | | | | |
| Land Reform Op-ed | The property market and economic growth generally will be severely affected by expropriation of land without compensation, or at below … | | | | | | |
| GROUND-BREAKING GUIDE LAUNCHED IN SOUTH AFRICA TO EMPOWER BANKS TO ASSESS NATURAL CAPITAL RISK | New step-by-step guide from Natural Capital Finance Alliance, produced in collaboration with PwC, explains how banks can rapidly assess risk … | | | | | | |
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| Passwords, Malware and Why Banks Aren’t the Bad Guys | Almost everyone in South Africa knows the frustrations that can come with banking. However, South African Banking Risk Information Centre … | | | | | | |
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| BASA MEDIA RELEASE HIGHLIGHTS POINTS FROM SONA – 2016 | MEDIA RELEASE Response to the 2016 State of the Nation Address (SONA) The Banking Association South Africa (The Banking Association) … | | | | | | |
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| BASA COMMENTARY STATE OF THE NATION ADDRESS (SONA) – 2016 | State of the Nation Address (SONA) 2016 Ahead of the 2016 State of the Nation Address (SONA) and forthcoming Budget … | | | | | | |
| Tips for Protecting Your Personal Information | Tips for Protecting Your Personal Information Don’t use the same username and password for access to banking and social media … | | | | | | |
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| GROSS DOMESTIC PRODUCT – THIRD QUARTER 2018 | GDP IN THE THIRD QUARTER OF 2018 ROSE BY 2,2% Real gross domestic product (measured by production) increased by 2,2% … | | | | | | |
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| Tips for Carrying Cash Safely | Tips for Carrying Cash Safely Tips for Individuals Carry as little cash as possible. Consider the convenience of paying your … | | | | | | |
| CASH SAFETY TIPS FOR THE HOLIDAYS – PROTECT YOUR MONEY | Over the holidays, many people travel to spend time with their friends and family. When traveling, you want to make … | | | | | | |
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| MINISTER OF FINANCE PRAVIN GORDHAN IS RE-APPOINTED | MEDIA RELEASE 14 December 2015 The Banking Association South Africa commends President Zuma for listening to the public and recognising … | | | | | | |
| WE URGE EXPEDITE CRISP, CLEAR EXPROPRIATION POLICY AND LEGISLATIVE FRAMEWORKS | The Banking Association South Africa (BASA) acknowledges the decision of the Constitutional Review Committee to recommend that Section 25 of … | | | | | | |
| CABINET RESHUFFLE 2015 – FIRING OF MINISTER OF FINANCE | MEDIA RELEASE 10 December 2015 The sudden Cabinet reshuffle announced by President Zuma last night, removing Minister Nene as Finance … | | | | | | |
| 2020 Budget Preview | In the 2020 budget Finance Minister Tito Mboweni must set out a programme of action that will reduce South Africa’s … | | | | | | |
| Bank Support Measures | MEETING WITH THE BANKING ASSOCIATION OF SOUTH AFRICA ON MEASURES TO SUPPORT THE ECONOMY The Minister of Finance, Mr Tito … | | | | | | |
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| Budget Speech 2020 Review | As Finance Minister Tito Mboweni said: “Budgets are complex, but the numbers are simple.” The crucial numbers are: a consolidated … | | | | | | |
| August Debt Relief Update | Covid-19 Financial Relief Update Despite uncertain business conditions and a weak economy reducing demand for credit, South African banks have … | | | | | | |
| UPDATED REGULATORY COMPLIANCE GUIDANCE FOR SMES | To minimise the risk of damage to an SME, all stakeholders, employees and employers need to be kept up to … | | | | | | |
| SMALL BUSINESS TAX – WHAT YOU NEED TO KNOW | Small business owners may find themselves at a loss when it comes to tax, especially the when and – most importantly … | | | | | | |
| September Debt Relief Update | Covid-19 Financial Relief Update There has been an increase in the rate of uptake in the Covid-19 Loan Guarantee Scheme, … | | | | | | |
| COMMENTS ON DEPARTMENT OF HUMAN SETTLEMENTS PLENARY SESSION | The South African Department of Human Settlements (DHS) declared October – Habitat Month as the International community celebrated International Habitat … | | | | | | |
| THE BANKING ASSOCATION HOST THE INTERNATIONAL BANKING FEDERATION BOARD MEETING | The Banking Association South Africa (BASA), hosted a board meeting of the International Banking Federation (IBFed), in Johannesburg on October … | | | | | | |
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| TOP STRATEGIES FOR SHORT TERM AND LONG TERM SAVINGS | Saving money is a necessary and commendable goal, but it isn’t just about depositing your pennies into the bank. Saving … | | | | | | |
| FINANCE MINISTER’S MTBPS GETS 2 OUT OF 3 | Ahead of the Medium Term Budget Policy Statement (MTBPS), the Banking Association South Africa indicated the new Minister of Finance, … | | | | | | |
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| NCA Amendment Act | The signing into law of the National Credit Amendment Act (NCA) by President Cyril Ramaphosa is of extreme concern to … | | | | | | |
| Islamic Finance Update June | Islamic Finance update The value of Islamic financial services products grew strongly in the period to June 2020, with the … | | | | | | |
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| Islamic Finance Conference | BASA Islamic Finance Conference: Opening statement The Managing Director BASA: Bongiwe Kunene On behalf of the Banking Association South Africa … | | | | | | |
| Don’t Pin Your Hopes on Debt Relief | The process isn’t in place yet — and write-offs aren’t available for everybody If you’re pinning your hopes on getting … | | | | | | |
| WOMEN AND FINANCE – BUDGETING BASICS FOR WOMEN | It used to be that money management was considered the domain of the breadwinning male. Women would manage the household … | | | | | | |
| VBS MUTUAL BANK FORENSIC INVESTIGATION REPORT | The Banking Association South Africa (BASA) fully endorses the recommendations of the forensic investigation report into the affairs of VBS … | | | | | | |
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| NATIONAL TREASURY LAUNCHES TAX FREE SAVINGS ACCOUNTS (TFSA) | On the 1st march 2015, South Africa’s National Treasury launched the first tax free savings accounts (TFSAs). These non-retirement, TFSAs will … | | | | | | |
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| THE 4TH ANNUAL TREK4MANDELA BASA EXECUTIVE CLIMB – 2015 | The 4th Annual Trek4Mandela 2015 Executive Climb in support of “Keeping the Girl Child in School” initiative will take place from 14 – … | | | | | | |
| STATEMENT OF THE MONETARY POLICY COMMITTEE | PRESS STATEMENT EMBARGO DELIVERY Issued by Lesetja Kganyago, Governor of the South African Reserve Bank Since the previous meeting of … | | | | | | |
| FINANCIAL LITERACY SPELLING BEE ACTIVATION MPUMALANGA – 2015 | PRESS RELEASE Mpumalanga learners are in for a special treat this coming Youth Month – June, when The Banking Association … | | | | | | |
| NATIONAL CREDIT REGULATOR REVIEW CREDIT AGREEMENT CHARGES | A court has ordered that draft recommendations on new credit fees must be completed by the end of April. The … | | | | | | |
| Global Principles for Responsible Banking | The Banking Association South Africa (BASA) has officially endorsed the Principles for Responsible Banking, which set out the global banking … | | | | | | |
| LAND REFORM AND BANKS AMENDMENTS | Banks continue to provide loans to commercial farmers, despite the uncertainty about land reform and possible amendments to Section 25 … | | | | | | |
| BANK SERVICE DEPT OF HOME AFFAIRS IN ISSUING SMART ID CARDS | MEDIA RELEASE 24th April 2015 The Banking Association South Africa (The Banking Association) notes with concern the article on this … | | | | | | |
| BANKING ASSOCIATION SA AGAINST XENOPHOBIC ATTACKS | MEDIA STATEMENT 16 April 2015 The Banking Association South Africa (The Banking Association), on behalf of all member banks, unequivocally … | | | | | | |
| IMPORTANCE OF UPDATING PERSONAL DETAILS FOR FICA – 2015 | MEDIA STATEMENT 25 March 2015 Banking industry urges customers to submit information for FICA requirements The banking industry has embarked … | | | | | | |
| BANKING ON THE ARTIFICIAL INTELLIGENCE REVOLUTION | On April 21 1981, Standard Bank introduced 25 ATMs around Johannesburg, one of the first rollouts of ATMs by a … | | | | | | |
| THE IMPORTANCE OF FICA – INFOGRAPHIC | | | | | | | |
| Banks put backups in place as sector braces for shutdown | SA’s embattled economy is set to face collateral damage when finance union Sasbo embarks on a total shutdown of the … | | | | | | |
| Sep Covid-19 Relief Update | Covid-19 Financial Relief Update As at 26 September 2020, banks had provided R49,69 billion in financial relief – R33,61 billion … | | | | | | |
| STARSAVER™ LAUNCHES FIRST FINANCIAL LITERACY SPELLING BEE | Teach Children to Save South Africa programme now rebranded StarSaver™ will launch FinLit Spelling Bee,the first ever spelling competition focusing on financial … | | | | | | |
| Reconstruction and Recovery | BASA’s response to the Economic Reconstruction and Recovery Plan The Economic Reconstruction and Recovery Plan (ERRP) unveiled yesterday by President … | | | | | | |
| PRAVIN GORDHAN ADDRESS AT INSTITUTE OF INTERNATIONAL FINANCE | The financial services sector in many African countries was extremely concentrated and the high costs inhibited the flow of credit, … | | | | | | |
| WOMEN’S MONTH 2013 – NEWS ARTICLE TOPICS WOMEN & SAVING | In South Africa, the month of August is dedicated to celebrate women’s strength, determination and achievements, and to remind people … | | | | | | |
| 2020 Medium Term Budget | 2020 Medium Term Budget Policy Statement The Medium Term Budget Policy Statement (MTBPS) was a frank assessment of the public … | | | | | | |
| NATIONAL CREDIT AMENDMENT BILL | Over-indebtedness is a serious economic and social challenge in South Africa. The Banking Association South Africa (BASA) supports debt intervention … | | | | | | |
| LESSONS ABOUT UNSECURED LENDING TAKEN FROM MARIKANA | As contentious as it may be to make the argument that unsecured lending contributed to the unrest in the mine … | | | | | | |
| BANKS SPEAK OUT ON LAND EXPROPRIATION | SA’s commercial banks have been surprisingly mute about the expropriation without compensation debate. But as the Land Bank makes clear, … | | | | | | |
| BRICS MEMBER COUNTRIES PUSHING FOR OWN DEVELOPMENT BANK | Encouraged by the growing shift in the balance of economic power between developed and emerging economies, BRICS member countries are … | | | | | | |
| SA’S ECONOMIC GROWTH MUST BE UNDERPINNED BY CITIZEN SAVINGS | South Africans simply do not save enough – rather, we tend to spend. What is worse, credit is easy to … | | | | | | |
| Nov Covid-19 Relief Update | As at 24 October 2020, banks had provided over R50 billion in financial relief – R33,61 billion in payment … | | | | | | |
| BANKING NEWS – FNB LAUNCHES MOBILE CROSS-BORDER PAYMENTS | FNB has enabled cross border payments to Swaziland and Lesotho via a cellphone using its Pay2Cell service. FNB’s Pay2Cell, launched … | | | | | | |
| BANKING NEWS – IMPORTANCE OF INTERFACE DESIGN FOR MOBILE | As mobile computing continues its rapid growth in both the consumer and enterprise environments, software developers are faced with a … | | | | | | |
| SABRIC: Beware Coronavirus Scams | SABRIC, the South African Banking Risk Information Centre, would like to warn bank clients that cybercriminals are exploiting the spread … | | | | | | |
| FICA AMENDMENTS IMPACT SOUTH AFRICAN ACCOUNTABLE INSTITUTIONS | The Financial Intelligence Centre Act, No 38 of 2001 (FICA) is a piece of legislation introduced in South Africa to … | | | | | | |
| SSP MANAGER SHAHEEN BUCKUSS AUDITS BANKING INDUSTRY SKILLS | Accountants, economists, business analysts and investment bankers remain among the scarcest skills in the banking sector, while loan officers, National … | | | | | | |
| Banking Summit 2019 – Cas Coovadia | Welcome by BASA MD, Mr Cas Coovadia, to the 2019 Banking Summit Johannesburg 13 September 2019 Minister Tito Mboweni; Deputy … | | | | | | |
| Banking Summit 2019 – Tito Mboweni | Banking Association South Africa Conference TT Mboweni, MP Minister of Finance 13 September 2019 Ladies and Gentlemen, thank you for … | | | | | | |
| COVID-19 Pandemic Statement | The Banking Association South Africa (BASA) and its members are fully aware of the threat that the Covid-19 virus poses to … | | | | | | |
| 2012 FINSCOPE SURVEY RESULTS – 67% SOUTH AFRICANS BANKED | FinMark Trust’s FinScope South Africa 2012 survey results show an increase of 1.3 million people in South Africa’s banked population … | | | | | | |
| Banking Summit 2019 | Banking Summit 2019 Speeches Read Cas Coovadia’s Welcome Speech Read Minister of Finance of South Africa Tito Mboweni Speech Banking … | | | | | | |
| EBENEZER ESSOKA ON SA BUSINESS EXPANSION INTO AFRICA | Bow-tie clad Ebenezer Essoka has nuance, detailed knowledge of the continent whose banking system he has helped to transform for … | | | | | | |
| COVID-19 Business Supports President | Business Supports President’s Call for Decisiveness and Solidarity Johannesburg, 24 March 2020 All South African business organisations have called on their … | | | | | | |
| 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 … | | | | | | |
| Banking Industry Security for Credit Card Fraud Patterns | The latest figures for banking industry card fraud losses released by the South African Banking Risk Information Centre (SABRIC) show … | | | | | | |
| Banks Respond to COVID-19 | Banks Respond to COVID-19: Keeping Essential Banking Services Open, Protecting Our Staff and Helping Our Customers South African banks strongly … | | | | | | |
| Cheques Are No Longer Valid | Cheques Will No Longer Be Used In The National Payment System The South African Reserve Bank (SARB), Financial Sector … | | | | | | |
| 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 … | | | | | | |
| Moody’s Downgrades SA’s Credit Rating | Moody’s Investor Services Downgrades South Africa’s Sovereign Credit Rating The decision by investor services agency Moody’s to cut South Africa’s … | | | | | | |
| Covid-19: Social Grant Charges Reduced | Banks Charges Reduced for Social Grant Beneficiaries During COVID-19 Lockdown Banks will significantly reduce their charges for South African Social … | | | | | | |
| SASBO Protest | Members of the Banking Association South Africa (BASA) are taking the necessary precautions to minimise disruption and inconvenience customers ahead … | | | | | | |
| BASA Appoints A New MD | The Banking Association South Africa Appoints a New Managing Director The Banking Association South Africa (BASA) is pleased to formally … | | | | | | |
| 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 … | | | | | | |
| Banks Hit By Downgrade | Credit Ratings Downgrade Percolates Through to Equal Hit to Banks Institutions are dependent on the health of the … | | | | | | |
| DISCOVERY BANK BECOMES NEW MEMBER | The Banking Association South Africa welcomes its newest member Discovery Bank. The Banking Association South Africa welcomed its newest member, … | | | | | | |
| Dec Loan Scheme Update | Covid-19 Loan Guarantee Scheme Update As at 21 November 2020, banks had approved R17,49 billion in loans to small businesses … | | | | | | |
| 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, … | | | | | | |
| TRYING TO SEE A WAY FORWARD FOR THE COUNTRY AFTER ZUMA | The Indlulamithi project takes its name from the Nguni word for giraffe, which means to look above the trees. It … | | | | | | |
| THESE ARE THE 18 BIGGEST BANKS IN SOUTH AFRICA – INCLUDING DISCOVERY | The South African Reserve Bank (SARB) recently published its annual bank supervision report for 2017, which details the state of … | | | | | | |
| Update: Covid-19 Relief Measures | Update: Covid-19 Relief Measures for Customers South African banks have moved quickly to implement wide-ranging debt-relief measures to, wherever possible, … | | | | | | |
| 2017 AGM CHAIRPERSON’S REPORT | CHAIRPERSON’S REPORT Annual General Meeting 2017 was a tale of two halves for the Banking Association of South Africa (BASA) … | | | | | | |
| IMPORTANCE OF BUILDING PLANS | There is a common misconception that building plans are needed only prior to the construction of a new home. Homeowners … | | | | | | |
| FIVE BANKS RANKED AMONG SA’S STRONGEST BRANDS | Johannesburg – Five South African commercial banks are among the top 10 strongest brands in the country. Brand Finance, a … | | | | | | |
| Reserve Bank Interest Rate Cut | The latest interest rate cut by the South African Reserve Bank (SARB) will give South African homeowners, consumers and businesses … | | | | | | |
| SASSA AND BANKING INDUSTRY TO SIGN MOU | Discussions with the South African Social Security Agency (SASSA) on using the infrastructure of South African banks to assist in … | | | | | | |
| Business Urges Economic Reforms | Johannesburg – Big business has called on President Cyril Ramaphosa to act urgently and implement short- and medium-term reforms and … | | | | | | |
| MOVING TOWARDS HIGHEST HANGING FRUITS | Business Leadership South Africa (BLSA) has developed a set of ambitious proposals to form part of its 2018 socio-economic engagement agenda … | | | | | | |
| CoFI Bill Submissions | The Banking Association South Africa (BASA) submission on the second draft of the Conduct of Financial Institutions (CoFI) Bill BASA … | | | | | | |
| FINANCIAL SECTOR CONDUCT AUTHORITY LAUNCHES | Dear valued stakeholder, THE FSCA IS HERE! We are delighted to confirm that, effective 1 April 2018; the Financial Services … | | | | | | |
| COVID-19 Call Centre Numbers | BASA is an industry association which represents those banks licenced to operate in South Africa. BASA is not able to … | | | | | | |
| MOODY’S KEEPS SOUTH AFRICA RATING AT INVESTMENT GRADE | The Banking Association South Africa welcomes the decision by Moody’s to keep South Africa’s credit rating at investment grade, now … | | | | | | |
| RESERVE BANK PLACES VBS MUTUAL BANK INTO CURATORSHIP | South African banks are entrusted with the earnings and savings of the country’s citizens. They are strictly monitored and regulated … | | | | | | |
| CABINET RESHUFFLE THE FIRST OF MANY STEPS ON THE ROAD TO ECONOMIC GROWTH | The announcement of a newly constituted cabinet must be applauded as a significant step in the President’s effort to win … | | | | | | |
| ATM Hygiene Measures | Hygiene Measures at Automatic Teller Machines South African banks are committed to creating a safe environment for their customers to … | | | | | | |
| GOVERNMENT DELIVERS A BOLD BUT FAIR BUDGET, BUT WE’LL NEED TO WORK TOGETHER QUICKLY TO BOOST TRUST AND CONFIDENCE FOR SUSTAINABLE ECONOMIC GROWTH | With today’s budget, government has shown its willingness to take some of the hard decisions necessary to restore fiscal stability, … | | | | | | |
| SOUTH AFRICAN BANKS SUPPORT THE PRESIDENT AND STAND READY TO PARTNER WITH GOVERNMENT ON ISSUES OF IMPORTANCE | We join the widespread applause of the State of the Nation Address by the President of South Africa, Mr Matamela … | | | | | | |
| COVID-19 Loan Scheme for SMEs | As announced by the President, National Treasury, the South African Reserve Bank and commercial banks have jointly created a guaranteed … | | | | | | |
| WELCOME MR. PRESIDENT! WE WISH YOU AND THE COUNTRY GOOD FORTUNE | We welcome the appointment of Cyril Ramaphosa as President of South Africa. We trust that this will usher in a … | | | | | | |
| January Loan Scheme Update | Covid-19 Loan Guarantee Scheme Update As of 16 January 2021, R17,84 billion in loans had been approved by banks and … | | | | | | |
| SA BANKING SYSTEM WITH SAPO TICKS ALL THE BOXES FOR SOCIAL GRANT DISTRIBUTION | The distribution of social grants to the most vulnerable in South Africa continues to be at risk of disruption because … | | | | | | |
| 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 … | | | | | | |
| R200 billion Covid-19 Loan Scheme | Covid-19 Loan Scheme for Small and Medium Enterprises The R200 billion Covid-19 loan scheme is the outcome of the South … | | | | | | |
| The National Budget 2021 | The National Budget 2021 With his budget announcement today, the Minister of Finance, Tito Mboweni, had to put the country’s … | | | | | | |
| NEW ESKOM BOARD APPOINTED | The appointment of a new board of directors for Eskom will go a long way towards rebuilding confidence in the … | | | | | | |
| LESETJA KGANYAGO APPOINTED IMF INTERNATIONAL MONETARY AND FINANCIAL COMMITTEE CHAIR | 19 January 2018 We welcome the appointment of South African Reserve Bank governor Lesetja Kganyago as chair of the International … | | | | | | |
| BASA SGM GRADUATES WITH PHD ON 5 DECEMBER | Name of Candidate: Abba Omar, Yacoob Student Number: 0501212X Degree: Doctor of Philosophy, University of Witwatersrand September 2017 Title: An … | | | | | | |
| Expropriation Bill No. 23, 2020 | Summary: Expropriation Bill No. 23, 2020 The Banking Association is fully supportive of the state’s initiatives to rectify past racial … | | | | | | |
| NEWLY ELECTED ANC LEADERSHIP SHOULD FOCUS ON POLICY CERTAINTY AND SOCIAL COHESION | STATEMENT BY CAS COOVADIA, MD OF THE BANKING ASSOCIATION SOUTH AFRICA The Banking Association welcomes the successful conclusion of the … | | | | | | |
| Debt Relief for Customers | Debt Relief Assistance for Customers South African banks are implementing debt relief measures to assist customers who are experiencing financial … | | | | | | |
| THE 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 … | | | | | | |
