It can be hard to recover

It can be hard to recover

In 2021Q1, the current balance on loans increased by R4.5bn (half of what it was last quarter). The number of loans in good standing is down 7% on last year while the proportion of mostly unrecoverable loans (9+ months in arrears) continued to increase.
Read more in The Eighty20/XDS 2021Q1 Credit Stress Report: https://www.eighty20.co.za/credit-stress-report/

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