Banking sector results: big banks play catch-up
Standard and Nedbank have been saved by growth in Africa, but moribund SA makes them vulnerable to new players
15 August 2019 - 05:00
As new digital competitors muscle in on their turf, it’s no surprise that more and more of the big legacy banks want to portray themselves as "agile".
Standard Bank, for example, boasts that new projects such as its new MyMo bank account and online home loans took "just" 16 weeks to launch instead of the customary 12 months...
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