The South African bank African Bank announced on Thursday May 26 that it had signed an agreement to acquire all the shares of Grindrod Bank and its holding company Grindrod Financial Holdings for an amount of 1.5 billion rand (95 million USD). enters within the framework of its new banking offer to businesses will be subject to the approval of the competent regulatory authorities. is set as a major objective to build a sustainable and diversified offer in the segments of individuals and businesses.According to
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