but managing director of the south african banking association koski vaadia believes the bill will do anything but bring relief he fears it could cost banks up to a $1000000000.00 euros and ultimately did not see the poor access to formal credit channels. either expunged obviously very the cost of the banks and the banks pay that and that's what brings a risk into the system that is what brings uncertainty into the system as a result of that bank for contract. in that particular market so that the brand is a truly borne by the little income borrowers more than anyone else. credit institutes have already announced that they will toughen credit regulations for the income customers. however while the legislation may push many into the arms of mush and he says moderately good he hopes it will be implemented soon. so with of being in case. it can be such a relief but we shouldn't be too quick to state for the pings. it is tough really tough for most of. the national credit amendment bill is set to be fully effective by january 2021 which gives banks plenty of time to negotiate with the gov