Consumer Lending in South Africa - New Study Released
In the context of the review period, 2012 was a fantastic year for South African consumer lending. The industry saw strong growth in all areas, with mortgages/housing, card lending, education lending and "other" personal lending being among the top performing categories. The economy is showing positive signs of recovery and this was reflected in consumer lending. 2012 was the best year in terms of gross lending current value growth over the entire review period, with expectations that the...
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