Thursday, 05 September 2013

FinMark Trust to address the Consumer Credit Conference next week

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With only one week left until Southern Africa’s definitive Consumer Credit Conference taking place on 18 and 19 September 2013, we would like to invite all credit professionals to register for and attend this one of a kind consumer credit conference. 

Kim Dancey, Head: Policy, Regulation and Consumer Empowerment and Dr Sabine Strassburg, Senior Information and Research Specialist, both from FinMark Trust will be addressing the 6th Consumer Credit conference, discussing credit and borrowing: a demand side perspective.

Finmark Trust will be addressing the pressure that unsecured lending puts on already indebted South Africans, an issue that needs to be better understood, especially now with the spiral of the market and economy.

“Levels of unsecured credit have to be examined in the context of the broader socioeconomic pressures on individuals,” said Kim Dancey, FinMark Trust. 

“It is important to understand the impact that rising levels of unsecured credit – and subsequent indebtedness – have in areas where people are dealing with the rising costs of transport, electricity and food,” Kim Dancey added, "The broader socioeconomic impacts that go with unsecured credit place pressure on employees to get more money to make repayments."  

Although she said the health of the banking sector is not at risk, with 9% of the total loan book attributable to unsecured credit, "there is a broader picture that needs to be examined".

Join consumer credit professionals from banks, microfinance’s, retailers, debt collection agencies, credit bureaus  and other service and technology providers will gather at Emperors Palace to predict opportunities for 2014 and challenges that may also affect their companies, clients and organisations that help consumers.

Contact project manager, Sharlee Vickery for registration details, or visit , download and complete the brochure and email it back to This email address is being protected from spambots. You need JavaScript enabled to view it.. Alternatively call 011 803 1553 for more information regarding the conference.

Established in 2002, Zakheni Events and Incentive Travel cc, trading as Trade Conference International, is your all industry, but largely financial event organiser of choice. We understand industry trends and developments and have the ability to identify the right issues to bring to delegates through informative events.TCI has organised more than 300 events in the last 14 years. With the guidance of a highly experienced and guided team, TCI arranges the most up-to date conferences and exhibitions, and is well known within SADC region as well as the rest of Africa as the leading financial conferences organisers.In the past two years Trade Conferences International has offered top-class financial, insurance, information technology and marketing related conferences to the market, and would justifiably pride itself in promising delegates top notch conferences with excellent speakers in the industry. Attendees of TCI events hale from across the African continent: Kenya, Botswana, Zimbabwe, Namibia, Tanzania, Mauritius, Lesotho, Mozambique; extending to as far as the UK, Canada, Netherlands, India and even Australia.In its repertoire, it has popular annual conferences such as the Mobile Banking Southern Africa Conference,  Payments Southern Africa Conference & Exhibition, Loyalty & Rewards Conference, Channel Management Conference and the Online Retailing Conference. In 2002 alone TCI attracted more than 1200 delegates, including expert speakers from across the globe, and has followed suit in it’s years of operation.