Based on an online survey carried out between June and July 2020, 56 percent of the African businesses that took part in the study requested working capital from financial institutions during the coronavirus pandemic. Furthermore, some 19 percent contacted the financial institutions for asset financing, while 12 percent did due to debt recovery delays. Only 11 percent approached financial institutions for support of new products.
Services for which financial institutions were approached by companies during the coronavirus (COVID-19) pandemic in Africa as of July 2020
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International Economics. (October 1, 2020). Services for which financial institutions were approached by companies during the coronavirus (COVID-19) pandemic in Africa as of July 2020 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1250816/company-requested-services-from-financial-institutions-during-covid-19-in-africa/
International Economics. "Services for which financial institutions were approached by companies during the coronavirus (COVID-19) pandemic in Africa as of July 2020." Chart. October 1, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1250816/company-requested-services-from-financial-institutions-during-covid-19-in-africa/
International Economics. (2020). Services for which financial institutions were approached by companies during the coronavirus (COVID-19) pandemic in Africa as of July 2020. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1250816/company-requested-services-from-financial-institutions-during-covid-19-in-africa/
International Economics. "Services for Which Financial Institutions Were Approached by Companies during The Coronavirus (Covid-19) Pandemic in Africa as of July 2020." Statista, Statista Inc., 1 Oct 2020, https://www.statista.com/statistics/1250816/company-requested-services-from-financial-institutions-during-covid-19-in-africa/
International Economics, Services for which financial institutions were approached by companies during the coronavirus (COVID-19) pandemic in Africa as of July 2020 Statista, https://www.statista.com/statistics/1250816/company-requested-services-from-financial-institutions-during-covid-19-in-africa/ (last visited December 22, 2024)
Services for which financial institutions were approached by companies during the coronavirus (COVID-19) pandemic in Africa as of July 2020 [Graph], International Economics, October 1, 2020. [Online]. Available: https://www.statista.com/statistics/1250816/company-requested-services-from-financial-institutions-during-covid-19-in-africa/
