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Paul Greeff discusses micro-financiers and unsecured lending in South Africa

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Paul Greeff discusses micro-financiers and unsecured lending in South Africa

Paul Greeff, Head of the Banking Sector for Global Credit Ratings (GCR) talks with the Publisher of TheSALeader about micro-financiers and unsecured lending in South Africa.

  • Giving a distinction between micro-financiers.
  • Where you find exploitation and reckless lending within the industry.
  • How credit is controlled to protect the end consumer.
  • How micro-financiers and governed and are governing themselves. 
  • How Basel III will affect the commercial banks in South Africa and why they are looking at unsecured loans to alleviate the affects of these regulations.
  • The change of the financial demographic profile of the end users taking out unsecured loans and how the National Credit Act has affected this change.

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Last modified on Monday, 12 November 2012 13:16
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Published in Finance
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