Lenders have billions at risk as Steinhoff crisis deepens

2017-12-09 11:01

Blindsided by the sudden plunge in Steinhoff shares and bonds, US and European banks have been told they’d have to wait another week to confront the global retailer over an accounting scandal.

China targets booming online lending as crisis fears build

2017-12-07 09:24

Chinese authorities have issued new rules on microlending, designed to protect consumers and limit risk for creditors, as the economy faces ballooning debt.

Savings survey shows hope for winning war on debt

2017-07-11 16:10

South Africans are paying off debt faster and borrowing less, the Old Mutual Savings and Investment Monitor for 2017 shows.

UK banks told to justify consumer credit as risks mount

2017-07-04 12:15

The Bank of England has told UK banks to prove that their policies on consumer lending won’t leave them weaker in a downturn.

China's new bond rules seen threatening losses

2017-03-22 10:32

China’s plan to tighten rules governing the use of corporate notes as collateral for short-term loans is fuelling concern that yield hunters may face losses.

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.


Brown to reveal new Eskom board late on Friday

2017-12-08 09:45

Public Enterprises Minister Lynne Brown will make the long-awaited announcement on the new Eskom board by end of business on Friday.

SA’s secured loans will see only limited weakness – Moody’s

2017-09-08 20:09

Despite SA’s subdued economic growth, high unemployment and overall weak consumer credit, the performance of secured loans is likely to hold up over the next 12 months, says Moody's.

Eskom banks heavily on China, inks R20bn loan deal

2017-07-06 15:27

Despite a number of scandals, Eskom says international roadshows indicate that there is still a significant appetite from international investors for its bonds.

Hong Kong curbs lending to developers as property risks soar

2017-05-12 13:29

The Hong Kong Monetary Authority has tightened limits on bank loans to property developers, as it seeks to contain risks in the city’s booming real-estate market.

Credit act changes target loan sharks

2016-11-14 05:39

Amendments to the act have been introduced to force informal and unscrupulous lenders to register as credit providers, writes Maya Fisher-French

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.

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