American Financial Exchange, LLC’s Post

Companies whose earnings are predominantly linked to economic conditions, such as banks, insurers and retailers lost billions of rand in value on Thursday as the first batch of election results pointed to the #ANC losing its outright majority by a bigger margin than initially expected. As a result, the market grew apprehensive about the possibility of the “worst case scenario” it feared of the ANC possibly going into a coalition with a left-wing populist party to boost its numbers. The country’s largest lenders — #FirstRand, #StandardBank, #Absa, #Nedbank, #Investec, and #Capitec — collectively suffered a loss of R52bn causing the banking index on the JSE to drop by 4%.

𝐓𝐫𝐮𝐬𝐭𝐁𝐚𝐧𝐜 𝐃𝐚𝐢𝐥𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐨𝐮𝐧𝐝𝐮𝐩, 𝟔𝐭𝐡 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟓. 𝐌𝐨𝐧𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: The liquidity in the banking system moderated by 45%, opening the week with a healthy balance of ₦476.21bn. Despite this decrease, interbank funding rates (OPR & O/N) depleted by 25bps to close at 26.50% and 27.00%, respectively. 𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐥𝐨𝐰. #banking / #investment / #brokerage / #wealthmanagement

#Take2WithBS | Banks are grappling with attracting deposits as savers shift towards stocks and mutual funds. With credit-to-deposit ratios rising, it's essential for banks to innovate and recognise depositors as valuable assets. As Tamal Bandyopadhyay points out, adapting strategies and enhancing offerings is key to thriving in the changing financial landscape https://mybs.in/2dZnWL8

# News of the day :- Private banks face tougest June quarter in years 😮 #private sector bas struggeled in the first quarter of the fiscal year 2025 with decilining assest quality , and expanding slippages . #The lenders also acknowledged the seasonal difficulties that the quarter brought in their post - results interview with the press . *NIM increasing and asset quality decreasing Banks are continuously under pressure to increases their net interest margins (NIM) in an environment where the cost of funding is growing , mostly to the need to mobilize additional deposits . so, guys what do you think about the next quarter for banking stock . feel free to share your views . 😊

𝐓𝐫𝐮𝐬𝐭𝐁𝐚𝐧𝐜 𝐃𝐚𝐢𝐥𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐨𝐮𝐧𝐝𝐮𝐩, 𝟗𝐭𝐡 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟒. 𝐌𝐨𝐧𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: Today, interbank funding rates (OPR & O/N) expanded by c.65bps, closing at 30.58% and 31.05%, respectively, driven by system liquidity deficit of ₦173.61bn. We anticipate this deficit trend to continue tomorrow, with funding rates expected to trade above 30% levels. 𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐥𝐨𝐰. #banking / #investment / #brokerage / #wealthmanagement

🚨 Breaking Fintech News! 🚨 RBI introduces new, stringent gold loan guidelines to enhance transparency and consumer protection! 💰💡 Banks and NBFCs offering gold loans now have a 3-month deadline to update their policies to ensure more secure and reliable financial practices. 🏦🔒 At Altaneo, we're committed to keeping you updated on the latest financial regulations that can impact your business. Stay informed, stay ahead! #FintechUpdates #GoldLoanGuidelines #ConsumerProtection #FinancialStability #AltaneoNews #RBI #AltaNews

I recently had the honor of participating in a roundtable discussion on the non-bank edge with industry leaders. We delved into topics such as customer-centric solutions, the impact of digital transformation, and the competitive advantages non-banks hold over traditional banks. The discussions were enriching and insightful, and it was my privilege to contribute to this event. Read the full article here: https://lnkd.in/gG_fUv5w #nonbanks #nonbanklenders #mortgageadvisers #mortgageindustry

Market this week! Here are the Key Highlights. 1. UPI Interoperable Cash Deposit 2. SEBI Eases Rules 3. Banks To Boost Liquidity? 4. Gold Prices Rally #NavigatingChange #UPICashDeposit #SEBIDebtReforms #BankLiquidityBoost #GoldPriceRally #UPIICD #FintechInnovation #DebtSecurities #SecuritisationStrategy #InvestmentTrends2024 #SafeHavenAssets #BankingLiquidity #PublicIssuanceReforms #GoldMarketSurge #AssetAllocation2024 #marketthisweek #ithought

The number of banks on the Problem Bank List, those with a CAMELS composite rating of ‘4’ or ‘5’ increased from 52 in fourth quarter 2023 to 63 in first quarter 2024. The number of problem banks represented 1.4% of total banks, which was within the normal range for non-crisis periods of 1% to 2% of all banks. Total assets held by problem banks increased $15.8 billion to $82.1 billion during the quarter. #banking #regulatory #fed #fdic #communitybanking #commercialbanking #realestate #lending #lendingsolutions #liquidity https://lnkd.in/gXuBrb98

𝐓𝐫𝐮𝐬𝐭𝐁𝐚𝐧𝐜 𝐃𝐚𝐢𝐥𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐨𝐮𝐧𝐝𝐮𝐩, 𝟐𝟐𝐧𝐝 𝐉𝐮𝐥𝐲 𝟐𝟎𝟐𝟒. 𝐌𝐨𝐧𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: System liquidity closed on a positive note for the first time in sixteen sessions, ending the day with a surplus of ₦107.5 billion. The improvement was driven by late inflows on Friday from Remita (c.₦200 billion) and FAAC (c.₦626 billion). Consequently, interbank funding rates declined by over 600bps to close at 25% levels. We expect the positive liquidity conditions to persist, with funding rates hovering around current levels. 𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐥𝐨𝐰. #banking / #investment / #brokerage / #wealthmanagement