TITLE

Cost of lending may increase on Abil fall

AUTHOR(S)
MAHLUTSHANA, TANDISIZWE
PUB. DATE
September 2014
SOURCE
Finweek;9/4/2014, p31
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the bailout of African Bank Investments Ltd. by South African Reserve Bank that will result in higher interest rates for loans. Topics covered include the number of banks that failed since year 1994, effect of the bailout of banks on consumer spending and statement of Nedbank Capital's strategic researcher Mohammed Nalla on the decrease of the returns on investments.
ACCESSION #
101389321

 

Related Articles

  • ABIL(ity) to grow. SKENJANA, SIFISO // Finweek;1/20/2011, p34 

    The article reports on African Bank Investments Ltd. (ABIL) which has embarked on an aggressive drive to improve sales and credit extension and has introduced new products to enable consumers to access greater amount of credit. It also reports on its acquisition of Ellerine Holdings Ltd. whose...

  • Consumer are coughing up. de Klerk, Vic // Finance Week;3/15/2004, p12 

    Consumers in South Africa are now more prepared to settle their debts than in the past. This becomes clear from the South Africa Reserve Bank's latest "Quarterly Bulletin," indicating that since 1998, debt levels in South Africa have fallen to nearly 62% of disposable income. The trend has also...

  • South Africa: Central Bank To Keep Rates On Hold?  // Emerging Markets Monitor;10/22/2007, Vol. 13 Issue 28, p21 

    The article reports on the likelihood that a potential slowdown in consumer spending is going to be a key factor in determining the South African Reserve Bank's (SARB) interest rate decision in December 2007. While "Business Monitor International" currently believes that the bank is more likely...

  • South Africa: The End Of The Easing Cycle.  // Emerging Markets Monitor;9/28/2009, Vol. 15 Issue 25, p22 

    The article reports on the implications of the decision of the South African Reserve Bank (SARB) to keep its interest rates on hold at 7.00 percent as of September 2009. It projects the possible decline of base effects in the country over the course of 2009. It also cites the factors that can...

  • Mboweni's growing worry. Steyn, Greta // Finance Week;10/20/2003, p16 

    Reports that the South African (SA) Reserve Bank has cut the interest rates in the country. Perception by economists of the move by SA Reserve Bank Governor Tito Mboweni as an effort to promote economic growth; Background on economic conditions in SA; Confusion regarding the policy of the...

  • To my mind. Delport, Rikus // Finweek;2/1/2007, p6 

    The author reflects on the plan of South Africa Reserve Bank of increasing its interest rates. He provided probable reasons why interest rates should not be increased such as consumer inflation, fall of oil price and rand stabilization. The international academics reckon the bank to pay...

  • DATA & FORECASTS.  // Africa Monitor: Southern Africa;Jan2007, Vol. 12 Issue 1, p6 

    The article presents statistics related to the decision of the South African Reserve Bank (SARB) to increase the interest rates on domestic demand. The speculations of analysts that the SARB will continue to tighten its monetary policy has faded. The slowdown of domestic demand has led to the...

  • View For Consumer-Led Recovery Playing Out.  // Africa Monitor: Southern Africa;Aug2011, Vol. 16 Issue 8, p1 

    The article presents the economic forecast of Business Monitor International (BMI) Ltd. for South Africa, in which strong economic recovery is driven by household consumption that is supported by government spending. Based on the data of the South African Reserve Bank (SARB), real gross domestic...

  • BMI View: Middle East & Africa.  // Emerging Markets Monitor;8/27/2007, Vol. 13 Issue 20, p3 

    This article predicts further rate hikes from the South African Reserve Bank (SARB) by the end of 2007. SARB makes a statement about the inflation outlook. Comments are made by Governor Tito Mboweni regarding consumer spending. Predictions on derivative pricing, the effect of rand performance on...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics