Banks industry wants any state-owned bank to face same rules as others

Hearings are being held into the Financial Matters Amendment Bill, which has a provision to allow authorised SOEs to set up a state-owned bank

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Greater challenges and scrutiny lie ahead for central banksThe next decade is likely to see a rate of change not witnessed before, which will require financial markets and policymaking to be agile. writes Daniel Mminele
Read more »

US banks SunTrust and BB&T launch $66bn megamergerThe transaction will be the US industry’s largest merger since the 2008 financial crisis
Read more »

WATCH: How the banks are taking an interest in miningTheuns Ehlers, the managing principal and head of resource and project finance at Absa, talks to Business Day TV
Read more »

Absa to challenge Investec and Nedbank on aviation financeAbsa is encroaching on territory dominated by local competitors Investec and FirstRand, and international banks Standard Chartered and BNP Paribas
Read more »

How low-level inflation helps keep an economy on trackCentral banks maintain a deliberate policy of low interest rates to stimulate spending and investment, writes Tim Harford
Read more »