Bank Group approvals in 2022 (UA 6.16-billion) were significantly higher than in the previous two years (UA 4.51-billion in
2021 and UA 4.17-billion in 2020) and getting closer to the 2019 level of UA 7.3-billion, thus almost reversing the impact of
the COVID-19 pandemic on recent years’ approvals

Report by the African Development Bank