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...On the other side of the trade, investors could be a little too sanguine about BankUnited and FNB Corp, “which have above-average exposures to CRE office lending yet relatively low CRE reserve coverage”,...
...Mamello Matikinca-Ngwenya, chief economist at South African bank FNB, said: “To insulate their ability to reach the 4.5 per cent inflation target in the medium term, the hiking cycle may be resumed....
...FNB, Old National, Pinnacle Financial Partners and SouthState present figures for CRE and for owner occupied CRE, which we have combined in the table....
...significant narrowing of the interest rate differential between South Africa and key trading partners, while also confronting risks to growth,” said Mamello Matikinca-Ngwenya, chief economist at South Africa’s FNB...
...The latest in-real-life art fair cancellations stretch from the already-postponed Photo London and Liste in Basel, to South Africa’s FNB Art Joburg and — announced this week — Art Basel in Miami Beach, the...
...“Before the water crisis, Cape Town was experiencing strong growth in property prices,” says Siphamandla Mkhwanazi, an FNB economist....
...Painted in confident black brushstrokes on the back wall of a booth at the recent FNB Art Joburg art fair were the words “Thanks, xenophobia”. Apart from that, the space was empty....
...The new event has been rebranded (spot the difference) as FNB Art Joburg. Follow @FTLifeArts on Twitter to find out about our latest stories first....
...Last August, FNB launched a mobile bank account that could be opened using just a name and national identity number, and with no monthly fees. It chalked up 50,000 new users in its first month....
...“There’s certainly more of a presence of art from South Africa than usual,” says Touria El Glaoui, director of 1-54, who is just back from visiting the 11th edition of the FNB Joburg art fair, which she...
...Of the continent’s 54 countries, only 12 have more than one commercial gallery dedicated to contemporary art, according to Mandla Sibeko, director of the FNB Joburg Art Fair....
...“We are in the content business, as art fair producers, and we must embrace that,” said Benjamin Genocchio, director of New York’s Armory Show, in a recent speech at the FNB Johannesburg art fair....
...Events on the slate around the world include Photofairs Shanghai; FNB Joburg; Cosmoscow (all September 8-10); Tribal Art London (until September 9); and the VIP opening of the now-annual Paris Biennale on...
...“It is very disappointing that FNB (and Absa) have allowed themselves to be dragged into the political infighting.”...
...On Wednesday, Oakbay Investments said in an emailed statement that its accounts at First National Bank (FNB) had been closed for “no reason whatsoever”....
...A central bank report shows that impaired loans reported by Standard, FNB, Barclays Africa, Nedbank and Investec fell from a peak of R124bn in October 2009, representing 5.9 per cent of total gross advances...
...Banks such as South Africa’s FNB have already shown how cellular telecoms can help to roll out financial services to areas with no conventional banking infrastructure....
...VIPs and dignitaries stand up for the start of the memorial service for Nelson Mandela at the FNB Stadium in Soweto, near Johannesburg...
...But dismal weather left many seats in the FNB stadium empty. President Jacob Zuma, who faces elections next year, was roundly booed every time his face appeared on screen....
...South Africa’s banks, notably its “big four” of FNB, Nedbank, Standard Bank and Absa, are some of Africa’s strongest financial institutions....
...Later your friend Sandile calls from FNB Stadium – you are the only Cameroonian he knows. “Shoooooes!” he screams. You are silent. Telling him about the flight would sound like an outrageous excuse....
...are looking at this market …because if there’s going to be an increase in market share it’s going to come from that segment,” says Kim Dancey, a specialist adviser in digital and alternative banking at FNB...
...FNB responded to the criticism by pulling four unscripted clips from a blog, but it has continued to broadcast television adverts....
...The party’s HQ, it women’s and youth leagues, and finally the presidency, all condemned FNB....
...FNB’s predecessor, Barclays South Africa, had the same problem with the apartheid government, which accused it of supporting the ANC....
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