🇿🇦 South Africa 7h ago · Ray Mahlaka

DBSA denies retreat from municipal lending

The Citizen SA
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DBSA denies retreat from municipal lending
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The Development Bank of Southern Africa (DBSA) has pushed back against suggestions that it is abandoning SA’s municipalities, insisting it remains committed to the sector despite cutting new disbursements for a second consecutive year.



In response to Moneyweb questions following its 2026 annual results, the state-owned development financier said it is “not retreating” from local government, but acknowledged that it remains “concerned with the credit risk profile of the

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