Coronavirus | Standard Bank announces a 3 month payment holiday |
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Standard Bank has announced a three-month payment holiday for small business owners and students with loans at the bank to give some relief to customers as the country battles the coronavirus pandemic. Standard Bank's head of personal and business banking, Funeka Montjane, says clients who are in good standing will qualify automatically for the reprieve She says business must have a turnover of less than 20 million rand to qualify. For more on this we are now joined via Skype by Political Economist and Researcher, Dr. Dale McKinley.
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