The CitizenNedbank’s turnaround is taking shape – now comes the credit test
Lender's credit loss ratio increased to 95 basis points from 81 the previous year.
News
News about Credit
Follow to see every story about this in your feed.
3 536 stories from 13 South African publishers, refreshed through the day. Every story is the publisher’s own — read it on their site, talk about it here.
Showing matches from The Citizen. Clear
The CitizenThe CitizenHere’s how Moody’s rates Johannesburg’s financial outlook after concluding review
The review of Johannesburg's credit rating was the result of a delay in producing audited financial statements.
The CitizenHere’s how Johannesburg’s negative ratings watch could affect you
Ratings agency Global Credit Rating last week adjusted Johannesburg's ratings outlook to negative due a lack of audited financial statements.
The CitizenEdgars shrinks store space to rebuild profitability
After years of structural issues, Edgars’ new strategy centres on smaller stores, improved margins and reduced credit exposure.
The CitizenReview of credit rates and fees will help curb surge in illegal lending
Although prices and everything else have gone up, salaries did not keep up and neither did the requirements to qualify for credit.