Absa expects bad debts to increase 'substantially', pushing credit losses beyond its target range | Business

"South African consumers [are] under pressure due to significantly higher interest rates," wrote the bank in the trading update.

Nedbank said in late June its ratio was above its through-the-cycle target range of 0.6% to 1%, but it had started improving slightly in May.Nedbank cuts its forecast for SA growth, while it's still benefitting from higher interest rates

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين