Capitec defends its loan book as Viceroy takes aim at SARB

World News: . []

Capitec defended the robustness of its loan book on Monday, while US-based short seller Viceroy Research criticised the South African Reserve Bank (SARB) for previously vouching for the bank. Viceroy in late January published a report labelling Capitec a “loan shark” with bad debt that should be placed under the curatorship of the SARB.

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