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ONE of SA’s four large commercial banks Nedbank announced its 2009 fee increase today. "Nedbank’s innovative approach to pricing has enabled the bank to limit its 2009 fee increase to an average of 8.5 percent, well below the average inflation rate for the last year, and to leave all penalty fees unchanged," the bank said in a statement. - 2009/01/09

SA's banks say more effort should have been made to keep a confidential report on banks charges from being leaked online, with IT professionals saying not enough was done to encrypt it. - 2009/01/08

Absa says that it holds the competition commission responsible for the leaking of information about the banking investigation, but experts say it is not clear what the commission can do about it. - 2008/12/23

South Africa's bank charges are too high and banks should implement reforms, a report by the Competition Commission, based on a inquiry into the country's bank charges, has found - 2008/12/17

While a number of the world's biggest banks have avoided bankruptcy only after intervention by central banks and governments, Reserve Bank governor Tito Mboweni said yesterday that no South African bank had asked for help. - 2008/10/10