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%

Sverige Nyheter Nyheter

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...

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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
Källa: Moneyweb - 🏆 5. / 77 Läs mer »