SA's banks must explain their lending practices to Parliament - Masina
submitted 12 months ago by Lthabo1999
submitted 12 months ago by Lthabo1999
- The chairperson of the Trade, Industry, and Competition Portfolio Committee in Cape Town wants banks like FNB, ABSA, and Investec to explain how they give loans to people who are struggling financially.
- The banks will have to clarify their lending practices to Parliament in February to address concerns about how they provide credit to consumers.
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