The profitability of banks in Nigeria and Egypt is expected to decline as interest rates fall and inflation stabilises, while lenders in Morocco and South Africa are likely to maintain resilient earnings, according to S&P Global’s latest African Banking Outlook.
The ratings agency said economic and financing conditions across m
The profitability of banks in Nigeria and Egypt is expected to decline as interest rates fall and inflation stabilises, while lenders in Morocco and South Africa are likely to maintain resilient earnings, according to S&P Global’s latest African Banking Outlook.
The ratings agency said economic and financing conditions across m
