NSE | Banking Sector Report: The Calm After the Storm

    In 2021, the economy is expected to gradually recover. Credit growth to the private sector is likely to increase while the improving business conditions should lead to a decrease in the sector's non-performing loan ratio.

    The stock prices of listed banks declined in 2020, as investors remained concerned about deteriorating asset quality, increased provisions, and reduced profitability. In 2021, profitability is likely to increase as economic conditions improve.

     

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    AIB-AXYS Africa Ltd is the fusion of two established companies; AIB Capital Limited and Apex Africa Capital Limited, both with over 25 years of experience in the Securities market. With the solid reputation and experience of the professional teams, we leverage talent and networks to better service businesses and investors looking to capitalize on the African growth story, and its vibrant financial sector.
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