Sanlam shoots down talk of opening a bank
02 February 2024 - 09:44
UPDATED 04 February 2024 - 13:26
Sanlam has shot down speculation that it is planning to open a transactional bank as part of its strategy to build a fortress position in SA that has seen it splash out billions of rand for acquisitions.
The group’s rival, Old Mutual, is planning to open a mass-market bank capable of taking on the likes of Capitec in the second half of this year...
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