Banking Association South Africa members resign from the Credit Ombud Association | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Members of the Banking Association South Africa (Basa) have resigned from the Credit Ombud Association with effect from 1 October. busrep

CAPE TOWN – Members of the Banking Association South Africa have resigned from the Credit Ombud Association with effect from 1 October, the association announced on Wednesday.

It said, however, all existing disputes before the Credit Ombud Association would remain with this Ombudsman until they were finalised. “Over time Basa members have, however, found that their customers are often confused and inconvenienced by having both the Credit Ombud Association and the Ombudsman for Banking Services to consider when seeking assistance,” reads the statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business to meet Cele over attacks on enterprises in GautengBusiness Unity South Africa (Busa) said it would meet Police Minister Bheki Cele to discuss a coordinated response to the wave of attacks on businesses that have taken place in recent days.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Business to meet Cele over attacks on enterprises in GautengBusiness Unity South Africa (Busa) said it would meet Police Minister Bheki Cele to discuss a coordinated response to the wave of attacks on businesses that have taken place in recent days.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Controversial debt-relief law taking a bite out of earnings, says TFGThe group says it is being cautious in extending credit, but reported 14.1% growth in cash turnover for TFG Africa for the first 21 weeks of its 2020 year
Source: BDliveSA - 🏆 12. / 63 Read more »