Fri, January 17, 2025
[ Fri, Jan 17th ]: Observer
Wall Street CEOs Are Eagerly Awaiting Trump's Pro-Business Policies
[ Fri, Jan 17th ]: worldconstructionnetwork
Robertson and Balfour Beatty appointed for North Schools Programme in Scotland
[ Fri, Jan 17th ]: CNET
Wildfire Scams: Who They're Targeting and How to Spot Them
[ Fri, Jan 17th ]: AOL
Retail CEOs wrestle with potential rising costs as new Trump tariffs loom
[ Fri, Jan 17th ]: Oregonian
Meet the 11 House members, 8 senators newly sworn in to the Oregon Legislature
[ Fri, Jan 17th ]: Kiplinger
SLB Stock Jumps on Earnings, Dividend Hike and Buyback News
[ Fri, Jan 17th ]: bnnbloomberg
The Daily Chase: Carney and Freeland make it official
[ Fri, Jan 17th ]: Forbes
The Evolution Of Business Travel And Fintech: Predictions For 2025
[ Fri, Jan 17th ]: MoneyWeek
Should mortgage lending rules be relaxed to boost the UK economy?
[ Fri, Jan 17th ]: Reuters
Truist beats quarterly profit estimates on investment banking gains
[ Fri, Jan 17th ]: Reuters
Private equity 'secondary' sales hit record as Ardian closes $30 bln fund
[ Fri, Jan 17th ]: Reuters
India's ICICI Lombard beats Q3 profit estimates on health, motor insurance boost
[ Fri, Jan 17th ]: Oneindia
FACT SHEET: United States and Karnataka
[ Fri, Jan 17th ]: Reuters
SBI Life Insurance posts higher Q3 profit on policy renewals, new sales
[ Fri, Jan 17th ]: Forbes
Game-Changing SBA Updates Every Business Owner Should Know
[ Fri, Jan 17th ]: Reuters
ECB should not rush rate cuts, Nagel says
[ Fri, Jan 17th ]: UCL
UCL enhances business education offer in heart of London
[ Fri, Jan 17th ]: AOL
LeBron James' business partner is raising $5 billion for a basketball league to rival the NBA
[ Fri, Jan 17th ]: Moneyweb
South African lawmakers to quiz banks over lending practices
[ Fri, Jan 17th ]: AOL
The Best AI Stocks to Invest $500 in This Year
[ Fri, Jan 17th ]: AOL
Here's how L.A. homeowners impacted by the wildfires can request mortgage relief
[ Fri, Jan 17th ]: briefly
Who is Arrie Rautenbach? Get to know the South African businessman
[ Fri, Jan 17th ]: Tuko
World Bank Announces Internship Programme Paying Hourly Salary, KSh 388k Commuter Allowance
[ Fri, Jan 17th ]: MSN
U.S. Bank Business Checking Account Review: Pros, Cons and Alternatives
[ Fri, Jan 17th ]: MSN
Goldman Sachs' SWOT analysis: stock outlook amid investment banking rebound
[ Fri, Jan 17th ]: MSN
'Trump tax' a worry that requires unified Canadian response, Houston says
[ Fri, Jan 17th ]: MSN
AI in 2025: Custom solutions and autonomous agents lead the way
[ Fri, Jan 17th ]: blogTO
Toronto is hiring for a ton of jobs right now and many pay over $100K
[ Fri, Jan 17th ]: MSN
Oakland FBI investigation: Ex-Mayor Sheng Thao indicted amid sprawling public corruption inquiry
[ Fri, Jan 17th ]: sinchew
Global finance leaders set tone for 2025 at the Asian Financial Forum
Thu, January 16, 2025
[ Thu, Jan 16th ]: unite
The Rise of Agentic AI: A Look Back at 2024 and Predictions for 2025
[ Thu, Jan 16th ]: Forbes
This Week In Credit Card News: Medical Credit Cards Are Being Pushed On Patients
[ Thu, Jan 16th ]: Forbes
Fifth Third Bank's CIO On AI, Cloud And Customer-Centric Innovation
[ Thu, Jan 16th ]: AOL
Bankruptcy Filings Jumped in 2024: Are You at Risk of Filing?
[ Thu, Jan 16th ]: Reuters
Car plants in Europe, North America face closures in 2025, Gartner says in report
[ Thu, Jan 16th ]: Reuters
Citigroup cuts more jobs to meet expense goals, Bloomberg News reports
[ Thu, Jan 16th ]: Kiplinger
Could ESG Funds be Removed from Your 401(k) Plan?
[ Thu, Jan 16th ]: MSN
UK economy rebounds but headwinds remain for govt
[ Thu, Jan 16th ]: Kiplinger
The Fine Print: What Trump Isn't Telling You About His Tax Plans
[ Thu, Jan 16th ]: MSN
UnitedHealth CEO Andrew Witty remembers Brian Thompson's impact on the business
[ Thu, Jan 16th ]: Kiplinger
Taiwan Semiconductor Earnings Fuel a Rally in Chip Stocks
[ Thu, Jan 16th ]: CNET
ExpressVPN Identity Defender Review: Great VPN, Basic ID Theft Protection
[ Thu, Jan 16th ]: Reuters
US consumer finance watchdog fines payments firm Block over Cash App operations
[ Thu, Jan 16th ]: Reuters
Morgan Stanley's profit more than doubles on boost from dealmaking, stock sales
[ Thu, Jan 16th ]: AOL
Massive new Trump tariffs are looming. Here's how these import 'taxes' work and who pays for them
[ Thu, Jan 16th ]: MSN
Warren demands clarity for big business exemptions to Trump's tariffs
[ Thu, Jan 16th ]: MSN
From Loss to Recovery: Small business owner fights back after $50,000 bank imposter scam
[ Thu, Jan 16th ]: Kiplinger
Seven Tips to Land Your First Client as a Financial Adviser or Entrepreneur

South African lawmakers to quiz banks over lending practices

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. makers-to-quiz-banks-over-lending-practices.html
  Print publication without navigation Published in Business and Finance on by Moneyweb
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
The meeting is to ensure that the banking sector in South Africa is open, transparent and of service to poor people to facilitate inclusion in the productive sectors of the economy,' Mzwandile Masina.
South African lawmakers are set to interrogate major banks regarding their lending practices, focusing on issues like high interest rates, stringent loan conditions, and the impact on small businesses and consumers. This inquiry comes in response to widespread complaints about the difficulty in accessing affordable credit, which has been exacerbated by economic conditions such as high unemployment and slow economic growth. The session aims to explore whether banks are engaging in practices that unfairly disadvantage certain groups, potentially leading to recommendations for regulatory changes or interventions to ensure more equitable access to finance. The banks expected to appear include major players like Standard Bank, Absa, Nedbank, and FirstRand, with the parliament seeking to understand the banks' risk assessment models, their approach to lending to SMEs, and how they address consumer complaints.

Read the Full Moneyweb Article at:
[ https://www.moneyweb.co.za/news/south-africa/south-african-lawmakers-to-quiz-banks-over-lending-practices/ ]