ASA International operates in five countries in East Africa: Tanzania, Uganda, Kenya, Rwanda and Zambia.
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0.5mClients |
471Branches |
$86.8mOLP* |
*Outstanding loan portfolio (‘OLP’) includes off-book Business Correspondence (‘BC’) loans and Direct Assignment loans, excludes interest receivable, unamortized loan processing fees, and deducts modification losses and ECL provisions from Gross OLP.
As at 18 April 2023 (FY 2022 Unaudited)
The East African countries, although being culturally diverse, show similar characteristics in terms of the economic competitive environment.
We began operations in Kenya and Uganda in 2013, followed by Tanzania in 2014 and Rwanda in 2016. This segment is currently our smallest by both number of clients and size of loan portfolio.
