Standard Bank’s pay-as-you-earn business loan facility pumps R3bn into SMEs
Bank says it is looking to roll out its digital loan facility to other African markets
24 August 2022 - 21:14
Standard Bank said on Wednesday that about 10,000 small and medium enterprises (SMEs) across SA have benefited from its digital pay-as-you earn loan facility since its launch in July 2019.
Business banking is seen as a new battleground between traditional banks that would like to defend their turf and relatively new entrants aiming for a slice of the pie...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.