African Bank chief exec quits
Head of the country’s largest unsecured lender, Leon Kirkinis, has stepped down with immediate effect as the bank plans a capital increase.
Nithia Nalliah
African Bank downgrade doesn’t mean a redemption for bondholders, says CFO
African Bank says holders of its debt cannot ask for an early repayment of its bonds, despite being downgraded to "junk" status last week.
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Microlenders benefit from banks’ cutback
Microlenders are experiencing a significant increase in the number of applications for loans as banks turn away customers.
