News Formal

Standard Bank looks to fend off small business banking competitors

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business Business Headlines News

The target is the segment that eventually graduates to entrepreneur level and on to commercial clients

Standard Bank is looking to shore up its business offering for small businesses as it faces an onslaught of new banking competitors that are targeting small- to medium-sized enterprises as a key growth area.

Capitec, African Bank and TymeBank have all made acquisitions in recent years to develop their own SME-focused business banking units while Bank Zero is building its offering from the ground up by leveraging the decades of experience of co-founder Michael Jordaan, FNB’s former CEO...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

Nutella maker taps private debt market for over $1bnItalian confectioner FerreroSpA raised more than $1 billion in dollar-equivalent high-grade private debt to refinance part of its bank loans. Moneyweb Nutella
Source: Moneyweb - 🏆 5. / 77 Read more »