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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 11 months ago by Lthabo1999

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

submitted 11 months 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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