×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Nedbank stood out as the bank with the biggest exposure to Comair, amassing nearly half of the total of R4bn the airline owed to creditors when the airline filed a court application last week to wind down its operations and liquidate its assets.

In court papers as part of the provisional liquidation application, which was granted on Tuesday, business rescue practitioners put Nedbank at the top of the list with at least R1.7bn in money owed by Comair, whose collapse has triggered fears that ticket prices will skyrocket in an ailing economy that counts tourism as a bright sector...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.