Full impact of shutdown will be felt in next three months, FNB expects
30 March 2020 - 19:48
The full effect of the nationwide shutdown on businesses and consumers will become apparent in the next three months, says FNB CEO Jacques Celliers.
“We think April, May and June are going to be the real pressure points,” Celliers told Business Day on Monday, as FNB joined the ranks of SA’s large banks that have launched measures to provide relief to customers hit by the Covid-19 outbreak...
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