Despite the negative effect of Covid-19 on the local economy, African Bank Holdings has returned to profitability.

The company which owns 100% of lender African Bank delivered an after-tax profit of R152m after a 55% decline in bad debts.

Business Day TV spoke to CFO Gustav Raubenheimer about the company’s performance.

African Bank Holdings CFO Gustav Raubenheimer talks to Business Day TV about how Covid-19 affected the lender

Or listen to the full audio:

Subscribe for free episodes: iono.fm | Apple Podcasts | Spotify | Pocket Casts | Player.fm


Would you like to comment on this article or view other readers' comments?
Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.