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REFILE-S.Africa unsecured lending growing too fast

17 April 2012 By admin

(Corrects day in lead to Tuesday)

JOHANNESBURG, April 17 (Reuters) – South Africa’s central
bank said on Tuesday it was concerned about the growth in
unsecured lending in Africa’s largest economy.

“It is growing and it is growing too fast,” deputy central
bank governor Lesetja Kganyago told a forum on the impact of the
euro zone crisis on Africa.

(Reporting by Stella Mapenzauswa; Editing by Ed Cropley)

© Thomson Reuters 2012 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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About admin

The one with a "My Complex" - incurable but fun. Grumpy, Cynical, Wise and Idiotic. I can also be found HERE.

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