Moreover, the difference in credit approval rates between personal and business applications suggests that differences other than the financial circumstances of the applicant were at work in business credit markets. It is still too early to determine how consumer spending patterns will ultimately be altered as a result of changes in circumstances wrought by the financial crisis.
This training programme is a joint effort of the COMESA Clearing House and the Bank of Mauritius, in conjunction with CMA Small Systems AB, the service provider selected by the COMESA Council of Ministers for the delivery of a turnkey operation for REPSS, and Fin-X, COMESA’s SWIFT Service Bureau and responsible for the Regional Payment and Settlement System Operations Centre at Orange in Johannesburg and the SWIFT Representative.