South African banks thirst for more deals as Asian lenders pile in

African Bank correct size
By Bianca Boorer
12 Jul 2017

Loan bankers in South Africa are pining for more deals, to curb the compression of margins as the ranks of lenders to the region are swelled by money from the Middle East and Asia.

Three bankers at the Loan Market Association’s Sub-Saharan Africa Syndicated Loan Conference in Johannesburg on Wednesday lamented the scarcity of deals in the region.

“The reality is there just aren’t enough bankable transactions in the market,” said a loan distribution and syndication banker in Johannesburg. “There ...

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