RCS a subsidiary of BNP Paribas has acquired the Absa funded portion of the Edcon Store Card debtor’s book. RCS has also secured the right to provide consumer finance products to Edcon customers. Grant Pattison, CEO of Edcon Group and Regan Adams, CEO of RCS Group join CNBC Africa for more.
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.