Standard Bank’s pay-as-you-earn business loan facility pumps R3bn into SMEs

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Canada News News

Bank says it is looking to roll out its digital loan facility to other African markets

Standard Bank said on Wednesday that about 10,000 small and medium enterprises across SA have benefited from its digital pay-as-you earn loan facility since its launch in July 2019.

Business banking is seen as a new battleground between traditional banks that would like to defend their turf and relatively new entrants aiming for a slice of the pie...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.

 

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

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines