All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

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:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree