'Vodacom' is now lending small businesses up to R1.5 million, with cash in 24 hours

2019-11-26 11:58

The new VodaLend is just an originator for the established Lulalend business service – though you get free legal insurance for your 34% interest payment.

New York state said to probe abuses in small-business lending

2018-12-03 21:27

New York’s attorney general has opened an investigation into potential abuses by finance firms that offer quick money to small businesses nationwide.

'Dunkirk spirit': UK banks are preparing billions in emergency lending to support the economy under a no-deal Brexit

2018-07-31 20:56

However, banks themselves have concerns over the enforceability of billions of pounds of cross-border contracts.

Eskom top execs in Washington to try win over investors, lenders

2018-04-26 11:26

Eskom’s chairperson, interim group chief executive and chief financial officer have travelled to Washington to address concerns investors and lenders have around the power utility's liquidity and management.

New Eskom board will provide 'comfort' to markets - Phasiwe

2018-01-22 11:56

The newly appointed Eskom board will provide the reassurance markets are seeking around issues of corporate governance at the power utility, says spokesperson Khulu Phasiwe.

SA banks rein in lending as economy stutters

2017-09-08 12:18

South Africa’s four biggest banks, pummelled by political wrangling and enmeshed in economic malaise, are increasingly shying away from their main role: lending.

Global banks shift Qatar business from Dubai hub - reports

2017-07-30 16:56

Some international banks are serving Qatar from London and New York instead of Dubai’s financial centre as a regional dispute makes it harder to do business with clients in the gas-rich Gulf state, according to people familiar with the matter.

Futuregrowth lifts lending freeze on third SOE

2016-11-21 13:12

Futuregrowth has lifted its funding suspension on a third state-owned entity, the Development Bank of Southern Africa has revealed.

China bank lending rebounds strongly in May

2016-06-16 10:49

China's bank lending rebounded strongly in May, following a sharp fall in April as borrowers continued to take advantage of loosened lending standards.

China bank lending up sharply in June

2015-07-14 11:44

China's banks have made $206.18bn in new loans in June, handily topping market expectations, while broad money supply growth quickened.


Court ruling provides some relief for borrowers

2018-12-07 20:11

Borrowers with more than one debt outstanding were given some protection last week when the Supreme Court of Appeal ruled that the interest rate on short-term loans after the first loan cannot exceed 3% a month.

Nearly half of SA's debt from top creditors 'appears reckless'

2018-08-27 17:14

Some 40% of the credit provided by the country's top 10 credit providers appears to be reckless, a new survey has found.

Capitec braces for the next round against Viceroy

2018-05-23 13:28

Capitec says it is committed to transparency as it prepares a direct response to the latest jab from short-seller Viceroy.

Finbond: Lending itself to growth

2018-02-02 09:41

Despite some setbacks, micro-lender Finbond has grown impressively in the 15 years since its founding. CEO Willem van Aardt talks about its journey and about its recent expansion into the US market.

Lending to households and corporates slowed in September - data

2017-10-31 08:46

Private sector credit extension slowed to 5.6% in September, compared to 6% reported in August.

Shoprite guilty of reckless lending, fined R1m

2017-09-06 11:00

The National Consumer Tribunal has fined Shoprite R1m, after a probe showed the retailer did not conduct adequate checks to find out if its lenders could service its loans.

Corporate banking makes a comeback

2017-03-08 05:00

The 2016 earnings from Corporate and Investment Banking exceeded Retail Business Banking for the first time since the global financial crisis.

4 types of people you should never lend money to

2016-08-25 16:42

Ever lent someone money only to have trouble tracking them down when you tried getting it back? Know your borrowers…

IN-DEPTH: Capitec CEO opens up on African Bank, legal issues

2016-06-01 14:44

Capitec CEO Gerrie Fourie reveals how the old African Bank affected Capitec, and why he believes the bank was wrong not to challenge the only court loss the bank has had.

71% of South Africans borrow money from family and friends

According to a recently released report issued by the World Bank, South Africans were the biggest borrowers in the world last year.

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