11/28/2017
The bank which is one of South Africa’s ‘big four’ along with Standard Bank, Nedbank and FirstRand is separating from the UKbased Barclays PLC to become a leading stand-alone pan-African financial institution.
11/23/2017
The bank's transformation included an extensive review of bank operations, which showed that the existing decision-making processes created inefficiencies and missed opportunities for reacting to the market.
11/20/2017
The Facility had initially been for the equivalent of $100 million, with the two tranches at four billion Japanese Yen and $70 million, but had incorporated an accordion feature in order to accommodate further regional investors.