Tough macroeconomy impacts bank impairments

2016-09-14 18:42

Impairment charges for the South Africa's big four banks was up 26.8% for the first half of 2016.

Can I take a R100k loan while still in debt?

2016-09-13 07:50

A Fin24 user seeks advice on whether it is the right time to take out a loan, given that the economy is not at its best form at present.

Telkom stops awarding share purchase loans to directors

2016-08-22 16:30

Telkom has agreed to stop giving financial help to directors to buy shares in the company after a loan to a former CFO was found to have breached the Companies Act.

How South Africans can manage their debt

2016-08-11 06:45

INFOGRAPHIC: Recent quarterly reports by the National Credit Regulator show that South Africans are burdened by personal debt.

Uber drivers with rave reviews in Kenya to qualify for loans

2016-05-26 09:43

Uber drivers in Kenya have an additional incentive to go the extra mile: a local bank is offering them car loans based on how clients rate their service.

Nigeria's Dangote signs Chinese bank loan

2016-04-12 15:11

Dangote Group has signed a deal for a $2bn loan from the Industrial Commercial Bank of China for two cement plants, he told Reuters.

Lending by China’s biggest banks falls

2015-11-16 08:51

The loans outstanding of China’s four biggest banks have declined for the first time since at least 2009, adding to warning signs for a tepid economy.

China expands cheap loans to policy banks

2015-11-02 12:30

China’s central bank has offered 70.5 billion yuan to its three policy banks under the Pledged Supplementary Lending programme, expanding the size of the facility.

Capitec slumps as SA mulls caps on loan rates

2015-07-08 10:14

Capitec Bank's share price has dropped the most in more than seven years after the Government has suggested capping interest rates and fees on loans.

Finbond to appear before tribunal

2015-06-21 15:03

Customers who have borrowed money from FinBond could receive a refund after the National Credit Regulator announced that it had referred Finbond Mutual Bank (Finbond) to the National Consumer Tribunal for charging excessive credit life premiums.


MTN raises more than R18bn in loans

2016-09-14 12:02

MTN Group, Africa’s largest mobile-phone operator by sales, said it entered three loan agreements, raising more than $1.3bn as the company markets a potential bond.

China imposes caps on lending to curb banking risk

2016-08-24 11:30

China has imposed limits on lending by peer-to-peer platforms to individuals and companies in an effort to curb risks in the loosely-regulated shadow-banking sector.

Take the quiz! Who should you go to for a loan?

2016-08-18 06:45

Take the quiz! We all have times when an unforeseen circumstance requires an unexpected and large amount of money, where should you be getting your loan from?

IMF agrees $150m credit facility with Niger

2016-07-15 10:12

The IMF has agreed a $149.7m extended credit facility to Niger, one of the world's poorest countries, with the first $17.1m tranche to be paid immediately.

DA urges IDC to give Guptas 'a wide berth'

2016-05-25 12:45

The Industrial Development Corporation should “follow the lead of the commercial banks and give the president’s pals a wide berth in future”, says the Democratic Alliance.

Eskom signs R2.3bn credit deal with France

2015-11-23 12:34

Eskom has signed a R2.3bn credit facility agreement with a French funding agency to finance distribution projects in the Eastern Cape, KwaZulu-Natal and Limpopo.

Fewer non-performing loans for Nedbank's Zim unit

2015-11-12 13:36

The non-performing loans ratio for Nedbank’s Zimbabwean unit has dropped to 2.9%, in an ailing economy where other banks have been forced to write off crucial values.

Bad loans haunt Greek banks seeking new start

2015-09-07 15:00

Greek banks have been badly wounded and limited lending even further, fearful about their exposure to loans many borrowers may never be able to pay back.

China to scrap constraint on bank lending

2015-06-25 09:45

China is to abolish a limit on the amount of loans banks can grant, a liberalising step for the heavily-regulated banking sector.

China's bank loans, money supply growth quicken

2015-06-11 11:45

China's banks have made $145.15bn worth of new loans in May, in line with market expectations, while broad money supply growth accelarates.

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