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South Africa

South Africa Forum/Politics

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Major banks defend lending practices amid accusations from MPs of racial profiling, lack of transformation

ewn.co.za/2025/0...

submitted about 1 year ago by Lthabo1999

Major banks defend lending practices amid accusations from MPs of racial profiling, lack of transformation

submitted about 1 year ago by Lthabo1999

Major banks defend lending practices amid accusations from MPs of racial profiling, lack of transformation
  • Major banks in South Africa defended their lending practices in Parliament against accusations of racial profiling and lack of transformation.
  • The banks appeared before a joint committee to address concerns and defended their track records on transformation, with the committee planning a follow-up meeting to discuss unresolved issues.
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