The BC is envisaged merely as a pass through agent who enables extension in the penetrative reach of the Bank and through the ICT model and by using a hand-held technology device enables banking services and other services such as the electronic benefit transfer services at the doorstep of the borrower. Combination of branch and branchless banking 20.
Notwithstanding the currently stable picture, it is important to bear in mind that bad debts lag the economic cycle. Therefore, loan quality will be a topical issue for some time. Regarding the broad property sector, the weaker state of the economy, together with a continuous expansion of housing output, would seem to point to more subdued prices ahead.