Standard Bank says customers falling behind on debt repayments

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Standard Bank says customers falling behind on debt repayments
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Africa's biggest lender, Standard Bank, says a rapid rise in interest rates is seeing people struggling to make their repayments.

It warned impairment charges surged almost 50-percent in the five months to end-May after being hit by consumer strain.The good showing come on the back of higher net interest income and non-interest revenue growth.

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