trending Market Intelligence /marketintelligence/en/news-insights/trending/4T5Ay_AhDN1ItIPnLaCuBQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

South African Post Office unit Postbank to register as a bank

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


South African Post Office unit Postbank to register as a bank

South Africa's Post Office Group intends to register its financial services unit, Postbank, as a bank by July 3, Reuters reported, citing a document submitted to parliament.

The document showed Postbank to have 1.4 billion rand in excess capital, enough to meet regulatory minimum requirements for a bank, according to the Jan. 31 report.

The group's decision places the company in an extremely competitive environment dominated by established banks such as Barclays Africa Group Ltd. and Standard Bank Group Ltd., the newswire noted. However, group CEO Mark Barnes told lawmakers that the company's 2,500 branches across the country gives it a presence even in the most far-flung areas and allows it to effectively disburse government welfare grants.

Postbank's reorganization is part of the government's financial inclusion strategy.

As of Jan. 30, US$1 was equivalent to 13.51 South African rand.