Nedbank counts on better second half
Bad debt expenses soar amid concern lenders have not made enough provisions for defaults
27 August 2020 - 00:17
Nedbank became the third large bank in a week to seek to reassure a sceptical market that the provisions for future bad debts will be sufficient to see the nation’s lenders through the worst of the Covid-19 crisis.
Its shares dropped the most in more than two months...
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