Nithia Nalliah
latest news & developments
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.
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.
Microlenders benefit from banks’ cutback
Microlenders are experiencing a significant increase in the number of applications for loans as banks turn away customers.