South Africa’s PSG Group mulls unbundling stake in Capitec Bank
Investment holding firm PSG Group Ltd
said on Wednesday it was “seriously considering”
separating its stake in Capitec Bank to avoid an
increase in administrative burden under a new legislation that
may deem it a status of financial conglomerate.
said on Wednesday it was “seriously considering”
separating its stake in Capitec Bank to avoid an
increase in administrative burden under a new legislation that
may deem it a status of financial conglomerate.
Posted by Reuters
