annual report 2009
Peter Meiring
Financial Services
The Foschini group’s interest in financial services is vested in two areas:
- a wholly-owned division named FG Financial Services Division which provides credit and related services to customers of the group; and
- a controlling interest in a company which focuses primarily on providing personal loans and some other financial services to customers of the group and others, as well as credit facilities to a number of retailers external to the Foschini Group. This company is named the RCS Group.
