n Without Prejudice - Can the banking industry weather this storm? : financial law
|Article Title||Can the banking industry weather this storm? : financial law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Jun 2014|
|Pages||10 - 11|
The implementation of the National Credit Act (34 of 2005) in 2007 created the need for reform within the banking and credit lending industry. The Act aimed to prohibit the granting of reckless credit and to promote responsible credit lending, in a fair and non-discriminatory market place.
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