African Bank Slides to Loss After Underestimating Soured Loans
African Bank Investments Ltd. (ABL), South Africa's largest provider of credit not backed by assets, slid to a fiscal first-half loss after bad debts rose more than forecast and it increased provisions for loans that may sour. Abil fell to a net loss ...
S.Africa's Abil swings to headline loss of 240.7 cents per share
Author: Reuters and Moneyweb|
Abil CEO to put all his cards on table