24 May 2022 1 Min Read
NEWS LEADER
WATCH: African Bank CEO Kennedy Bungane on lender’s return to profit
Business Day TV speaks to Bungane after the bank more than double its interim profit after tax
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Easing its lending criteria has helped African Bank more than double its interim profit after tax. The lender has reported an 11% increase in gross loans and advancements, and its credit loss ratio has declined to 4.6% from 6.1%. Business Day TV spoke to CEO Kennedy Bungane for his take on the performance.
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