AYOâs search for banking facilities gets good feedback
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JSE-LISTED AYO Technology Solutions said on Friday that subsequent to Thursdayâs court proceedings, the company had received positive feedback from some banking institutions indicating a willingness to engage with AYO.
The black-owned tech firm said in a statement that it would be finalising these engagments over the next few weeks. This after the AYO board met on Friday to consider the outcome of its urgent High Court interdict against FNB, which the court deemed not urgent.
âAYO had not fully exhausted its options with other banks, notwithstanding AYOâs testimony that the Company was still awaiting feedback from some banking institutions and that not all banks operating in the country offer the suite of services that AYO requires.;
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