Transactional and lending activity is recovering, Standard Bank says

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

South Africa Headlines News

Transactional and lending activity is recovering, Standard Bank says 🔒

Standard Bank, the biggest lender in Africa by assets, said on Monday that its lending and transactional activity continued to gather pace in the nine months to end-October.

Mortgage, vehicle and asset finance, and business disbursements in SA fared “well above” the prior comparable period, which was marred by the fallout from the Covid-19 pandemic. Personal unsecured lending disbursements recovered to 2019 levels...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buying forex? Here’s how to limit your exposure to currency volatilitySPONSORED | Fluctuations in exchange rates can be a menace for anyone buying foreign currency, but StandardBankZA’s Shyft app is now making it simple to protect yourself against these fluctuations.
Source: BDliveSA - 🏆 12. / 63 Read more »

Let your money do the hard work despite the pandemic, says Standard BankSPONSORED | Two Standard Bank investment accounts can help SA households save in these distressing times
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Mergence rates Standard Bank a screaming buyAsset manager says share price could rally 30% over the next 24 months as Liberty deal kicks in I have benefited from at least R80,000 a week with Hendricksnino77 through his recommended platform with my small investment. Don't spend all your money without investing. Hendricksnino77 is a life saver, join me and win also in with good hands
Source: BDliveSA - 🏆 12. / 63 Read more »

‘There was no transfer fee’, says Mama Joy after ‘signing’ for Royal AM from PiratesJoy “Mama Joy” Chauke is all her characteristic belly laugh and high spirits as she grins and bears the backlash she has had from Orlando Pirates supporters at her sudden and dramatic shock “signing” as a new fan of Royal AM. It's all about money not the love for Royal AM
Source: TimesLIVE - 🏆 28. / 59 Read more »

Hawks recover ammunition suspected to have been looted in July unrestThe Hawks have recovered hundreds of rounds of ammunition assumed to have been looted during the civil unrest in KwaZulu-Natal in July. MzwaneleManyi is my man he sees deeper than fools
Source: SowetanLIVE - 🏆 13. / 63 Read more »

2021 ELECTIONS OP-ED: Democracy takes a hit: Ways of recovering our political powerThe recent local government elections are unlikely to improve the lot of the poor who live in squalor, but there may be a more dangerous fallout, with the potential rise of right-wing populism, which thrives in conditions of disillusionment with official politics. Those who support democracy need to build organisational forms to resist this and advance popular demands.
Source: dailymaverick - 🏆 3. / 84 Read more »