BoB decries low agric lending

Answering questions during an economic briefing by the central bank here this week, the BoB’s director of research and financial stability Tshokologo Kganetsano said their studies had noted that the proportion of lending by banks to agriculture continued to trend low.

Kganetsano was answering a question about the contribution of commercial banks towards lending money for agricultural purposes and whether too much reliance on South African goods was not negative for the country’s economy.