“Postbank will not be another VBS,” the president said. Ramaphosa acknowledged that while Postbank still faces key compliance ...

Postbank has launched a text banking service, enabling customers obtain personal financial information through instant short message service (SMS) requests. Managing Director Nyambura Koigi said the ...

However, the liquidation of the SA Post Office in 2023 and the closure of cash pay points rendered those services obsolete.

Postbank still has work to do before it can qualify for a commercial banking licence to meet the state’s financial inclusion ...

Social Development Minister Sisisi Tolashe expresses deep concern for over 400,000 beneficiaries still using Sassa gold cards ...

FRANKFURT (Reuters) -Deutsche Bank has disappointed customers with problems at its Postbank unit and is devoting additional resources to quickly regain trust, the lender's CEO said on Wednesday. The ...

But a series of events has caused an exodus from Postbank and an increase in social grant beneficiaries relying on private banks. There has been a sharp drop in Postbank social grant clients since ...

Trade union federation COSATU criticises SASSA's decision to end its service agreement with Postbank, warning that millions ...

Postbank’s board of directors has been axed after a forensic investigation found that Postbank maintained contracts with suppliers unlawfully. This comes days after the nationwide system failure which ...

Social Development Minister Sisisi Tolashe has assured Parliament that social grants will continue without disruption when SASSA's service agreement with Postbank ends on 30 September. MPs raised ...

Since the start of integration in February 2025, Pochta Bank's customers have opened VTB savings products totaling 50 billion rubles. They have issued 69 thousand deposits and 70 thousand savings ...