Awards for Excellence 2018
|
|
The partial withdrawal of international firms from African banking has been a big theme on the continent for several years. Whether it is Barclays’ decision to exit Africa just 11 years after it bought Absa or Old Mutual’s separation from South Africa’s Nedbank, the trend has been towards a paring down of perceived African risk.
With regulatory changes affecting how global banks manage risk-weighted asset growth, Africa’s local banks have found an opportunity to recover market share from their international rivals.
Thanks for your interest in Euromoney!
To unlock this article:
