Friday 13 December 2019
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allafrica - 14 days ago

South Africa: Tymebank Enters the Capitec Big League With Unsecured Lending

[Daily Maverick] As Capitec reduces its unsecured lending exposure to lower-income consumers due to a recently introduced debt-relief regulation, TymeBank wants to ramp up this form of lending. It wants to have a loan book that is worth about R2-billion by 2022.

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