African banks that have raised their loan-loss provisions to reflect the impact of Covid-19 may be best placed for a quick recovery once the worst of the pandemic is over, analysts say.
Research from McKinsey says that in South Africa and Kenya, banks have already increased loan-loss provisions by more than 200% since 2019 and so may see improved results in 2021. But McKinsey argues that banks in Nigeria may still need to further increase provisioning levels in 2021.
We spoke to local analysts who picked out possible winners in losers in each of these three markets.

I disagree with this report. Nigerian banks seems to be one the fastest growing in Africa, making acquisition around africa

Solsix:
I disagree with this report. Nigerian banks seems to be one the fastest growing in Africa, making acquisition around africa

They make acquisition of bank with no market share and value

Access Bank acquired gro bank in South Africa, yet no one knows that bank in South Africa

AfriqueDuZuid:


They make acquisition of bank with no market share and value

Access Bank acquired gro bank in South Africa, yet no one knows that bank in South Africa

Is that the only bank they acquired?? Or u think it's easy operating in 10 or more african countries??

Solsix:

Is that the only bank they acquired?? Or u think it's easy operating in 10 or more african countries??

MTN operates in almost 20 countries in africa and middle east

Vodacom same
Standard bank
Old mutual
Sanlam
Shoprite


Yes the aquired another tiny bank in Zambia n kenya

AfriqueDuZuid:


MTN operates in almost 20 countries in africa and middle east

Vodacom same
Standard bank
Old mutual
Sanlam
Shoprite


Yes the aquired another tiny bank in Zambia n kenya

U are not smart, sorry to have engaged you

Solsix:

U are not smart, sorry to have engaged you

So you think you smart?