Tag: PEP stores

Pepkor to launch bank in South Africa as retail finance race heats up
BusinessTechnology

Pepkor to launch bank in South Africa as retail finance race heats up

South African retailer Pepkor is preparing to enter the country’s banking industry, adding to a growing shift by retailers toward financial services as they look for steadier income and closer ties with customers.  The company, which owns clothing chains PEP and Ackermans, plans to launch its bank in April 2027. Pepkor said the business will combine digital banking with in-store…

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