South Africa's Consumer Credit Market Shows Resilience

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 9 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 75%

Finance Nouvelles

South Africa,Consumer Credit,Resilience

South Africa’s consumer credit market remains resilient, with growth in credit demand and supply during the fourth quarter. Delinquencies improved significantly across most products, except for home loans. Retail lending products saw healthy growth, especially as performance improved. Gen Z and Millennial consumers accounted for 61% of new products originated.

South Africa’s consumer credit market remains resilient, with growth in credit demand and supply during the fourth quarter. Delinquencies improved significantly across most products, except for home loans.

Retail lending products saw healthy growth, especially as performance improved. Gen Z and Millennial consumers accounted for 61% of new products originated.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in FR

France Dernières Nouvelles, France Actualités