{"id":10837,"date":"2012-05-29T22:16:17","date_gmt":"2012-05-29T20:16:17","guid":{"rendered":"http:\/\/www.myza.co.za\/05\/refile-s-africa-cbanknot-alarmed-over-unsecured-lending\/"},"modified":"2012-05-29T22:16:17","modified_gmt":"2012-05-29T20:16:17","slug":"refile-s-africa-cbanknot-alarmed-over-unsecured-lending","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/refile-s-africa-cbanknot-alarmed-over-unsecured-lending\/","title":{"rendered":"REFILE- S.Africa cbank:not alarmed over unsecured lending"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Refiles to change dateline)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">PRETORIA<\/span> May 29 (Reuters) &#8211; South Africa&#8217;s Reserve Bank is<br \/>\nnot unduly alarmed at the rise in unsecured lending but is<br \/>\nmonitoring the development closely, Deputy Governor Daniel<br \/>\nMminele said on Tuesday.<\/p>\n<p><span><\/span><\/p>\n<p>Growth of unsecured loans &#8211; which don&#8217;t require collateral<br \/>\nand are riskier and more lucrative for banks &#8211; has surged over<br \/>\nthe last year in Africa&#8217;s top economy, as lenders push to offset<br \/>\nweak corporate demand for credit.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;This is a development we are monitoring carefully but it is<br \/>\nnot something that at this stage raises concerns in terms of the<br \/>\nactual proportion of unsecured lending compared to the overall<br \/>\nloan books of banks,&#8221; Mminele said at a forum at the Bank.\t<\/p>\n<p> (Reporting by Tshepo Tshabalala and Stella Mapenzauswa)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Refiles to change dateline) PRETORIA May 29 (Reuters) &#8211; South Africa&#8217;s Reserve Bank is not unduly alarmed at the rise in unsecured lending but is monitoring the development closely, Deputy Governor Daniel Mminele said on Tuesday. Growth of unsecured loans &#8211; which don&#8217;t require collateral and are riskier and more lucrative for banks &#8211; has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10837","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10837"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10837\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}