Transactional and lending activity is recovering, Standard Bank says 🔒
Standard Bank, the biggest lender in Africa by assets, said on Monday that its lending and transactional activity continued to gather pace in the nine months to end-October.
Mortgage, vehicle and asset finance, and business disbursements in SA fared “well above” the prior comparable period, which was marred by the fallout from the Covid-19 pandemic. Personal unsecured lending disbursements recovered to 2019 levels...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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