Banking & Finance

Trade finance programme acknowledged

The African Development Bank (AfDB) has received the “Highly Commended” prize for the Best Development Finance Institution (DFI) in Africa at the Trade Finance Magazine 2010 Awards for Excellence.

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SA banks to use fingerprint verification

Standard_Bank_Rotunda_Speedwell_Building_Booysens_Road_loThe South African Banking Risk Information Centre (Sabric) has entered into a partnership with the Department of Home Affairs that will allow banks in South Africa to conduct online fingerprint verification of bank clients.

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SA provincial government and banking group cooperate in affordable housing drive

The KwaZulu-Natal provincial government in South Africa and Standard Bank Group (SBG) have agreed on a series of measures to identify and develop affordable housing projects across the province.

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Millions to support Egyptian farmers for improved water management

A new US$72mn project in Egypt will help small farmers maximise their efficiency in using scarce water resources and achieve significant increases in their crop production and incomes.

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Bringing global e-Commerce to South Africa

First National Bank (FNB) and PayPal customers in South Africa can now sell to PayPal’s global customer base of more than 81 million active accounts in 190 markets around the world and move the proceeds to their FNB accounts.

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