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Absa Group has revamped its executive committee as some senior executives are due to leave.
Three of SA's big four banks say they have upped lending to the entry level market, which has been dominated by Capitec and African Bank.
Absa bank has refuted claims that its fees are amongst the highest, saying its focus is on "value for money, rather than price".
Absa Investment Services has been penalised by the Financial Services Board for not maintaining sufficient current assets to meet its liabilities.
Top SA banks and law firm Norton Rose are behind the launch of the African Loan Market Association, which will recommended standards for loan documents.
Latest home price trends show that price growth appears to have been largely unsynchronised up to August due to base effects playing a role in price growth.
Affluent consumers are focusing more on personal liquidity management and less on big ticket items, says an Absa analysis.
Absa Asset Management says investors should not turn their backs on the local bourse as those looking for long-term capital growth can still find value.
Absa says third-quarter profit was flat as higher operating costs offset an improvement in bad debts.
Solidarity and Afriforum said they were removing their accounts from Absa bank after they found it and Standard Bank were South Africa's most expensive.
Trade union Solidarity has said in a report comparing bank charges that Standard and Absa are the most expensive for personal accounts.
Leslie Maasdorp has resigned from his position as vice chairman of Absa Capital and Barclays Capital to pursue opportunities outside the group.
In a landmark case, Absa has been ordered to scrap a home loan extended to a pensioner whose instalments were more than his entire monthly income.
Absa has seen a rise in earnings for the quarter to end-March thanks to lower retail impairments, reports Barclays.
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