Company gets boost from its fifinancial services division
Home Choice is focusing on expanding container click-and-collect delivery stores to avoid using the Post Office. Picture: SUPPLIED
The company is looking to capture market share in the unsecured lending market, which is dominated by players such as Capitec Bank. It uses social media platforms such as Facebook and Instagram to market its product range. FinChoice loan disbursements rose 73.8% to R3.3bn in the year to end-December, driven by demand for consumer credit facilities. The market share of the FinChoice unsecured lending book rose 12 basis points to 1.17%. The growth has been driven mainly by repeat business, with 81% of disbursements made to proven existing customers.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shamiso Mosaka celebrates 24 hours of 'being clean from self-harm'Shamiso Mosaka commemorates making progress with her mental health.
Read more »
No Covid-19 deaths in SA in past two days, only 671 cases in 24 hours: NICDThere were no known Covid-19 related deaths in the past two days, and just 671 new cases recorded in the past day.
Read more »
No Covid-19 deaths in SA in past two days, only 671 cases in 24 hours: NICDThere were no known Covid-19 related deaths in the past two days, and just 671 new cases recorded in the past day.
Read more »
SA records 972 new COVID-19 cases - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The National Department of Health (NDoH) has reported 972 new COVID-19 cases from a total of 17 697 tests conducted in the last 24 hours, which represents a 5.5% positivity rate. COVID19SA
Read more »
Anger over Comair grounding as thousands strandedCompeting airlines are likely to profit from the Kulula and BA grounding.
Read more »
Absa more than doubles its profits and is now R2.3bn ahead of 2019 | Fin24Absa grew its headline earnings to R18.6 billion in 2021. In 2019, its headline earnings stood at R16.3 billion.
Read more »