Africa Monitor Intelligence
Mozambique: Luísa Diogo’s ABSA Bank Loses Ground
The bank led by LUÍSA DIOGO (LD), ABSA Bank (former Barclays) recorded in 2020 a 75.3% drop in net results compared to the previous year, together with a reduction in return on equity (from 14,7% to 3.4%). The cost of credit impairment represented 1.4% of total credit. READ MORE