African Century loan book surges 243 pct

Fees and commission income rose to ZiG39 million, supported by higher transactional activity and deposits, which increased to ZiG154 million

African Century’s total assets increased by 115 percent to ZiG616 million as at December 31, 2024 from ZiG287 million the previous year, mainly driven by growth in the loan book.The micro-lender has been steadily building its capital base to increase resilience in a tight liquidity market.“This growth was primarily driven by a 243 percent growth…

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