African Bank increases cap hike to $560m as accounting changes hit
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
FIG

African Bank increases cap hike to $560m as accounting changes hit

African Bank Investments, South Africa’s biggest unsecured lender, increased the size of a capital raise to R5.5bn ($562m) on Friday, after another difficult trading update for the company.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article