The increase in bad debt provisions is ‘understandable’ in the context of the pandemic, says Ashburton Investments

Standard Bank sees ‘pockets of pressure’ on retail business

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Standard Bank, Africa’s largest bank by assets, says it is experiencing pressure on its personal and business banking (PBB) business in South Africa and is increasing its provision for bad debts on this segment as retrenchments continue to bite, in the wake of Covid-19...

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