Jump to navigation

Vol 43 No 13

Published 28th June 2002


Some winners and losers

Union Bank, First Bank and United Bank for Africa control over a third of the sector. Mid-level banks range from stars to the technically insolvent. Small banks often survive and even thrive by foreign currency deals and high-risk loans to importers. All spend fortunes on the abilities and connections of their chief executives.

End of preview - This article contains approximately 485 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.