NCR license issued to CITITRUST FINANCIAL SERVICE (PTY) LTD in South Africa

CITITRUST Financial Services (PTY) Limited, South Africa was recently issued an NCR (National Credit Provider)
License to operate nationally in South Africa and offer quick and convenient consumer credit to qualified
individuals to enable them meet their financial needs.

Cititrust Financial Services (PTY) Limited is 100% owned by one of CITITRUST Group (PTY) Limited, South Africa, a
subsidiary of CITITRUST Holdings Plc. It was established as a multi-faceted financial services company offering
tailored financial services and solutions to individuals and companies.
The National Credit Act, 2005 (Act No. 34 of 2005), establishes a National Credit Regulator (NCR). It is regulatory
that any organization that lends money must register with the National Credit Regulator (NCR) and obtain the
National Credit Provider License.

NCR promotes a fair and non-discriminatory market place for access of consumer credit provides for the general
regulation of consumer credit and improved standards of consumer information, promotes black economic
empowerment and ownership within the consumer credit industry, prohibits certain unfair credit and credit-
marketing practices, promotes responsible credit granting and use, and for that purpose to prohibit reckless credit
granting, provides for debt re-organization in cases of over-indebtedness, regulates credit information, provides
for registration of credit bureau, credit providers and debt counseling services, establishes national norms and
standards relating to consumer credit, promotes a consistent enforcement framework relating to consumer credit.
The Group Chief Executive, Cititrust Holdings Plc, Yemi Adefisan enlightened that the corporate objective of the
Company is to be the foremost consumer finance firm in South Africa. We will employ the use of safe, cutting edge
technology to deploy effective and simple money solutions to meet our client’s needs in line with CREDIT -GO-
AFRICA. We offer innovative and reliable solutions to our clients to enable them achieve their goals and objectives
in a timely manner. We are able to deliver tailored solutions to clients in relation to their specific needs and better
serve the market.

At CITITRUST, our people have extensive experience in the financial services sector across Africa and are devoted
to pooling complementary resources and functions to give clients the best value.
We look forward to offering unique and creative solutions backed up by world class technology to transform
current market offerings and do more for our clients.

                                                                                                                                                                                …….. Building Africa

THANK YOU.