African Bank Investments

African Bank

African Bank Limited (ABL) is a commercial bank in South Africa with a focus on unsecured personal loans for domestic market. ABL offers personal and debt consolidation loans, fixed prime interest loans, fixed and notice deposits, debit cards, silver and gold credit cards, extra value gift cards, tax-free Investment accounts, online banking as well as credit life insurance, personal accident insurance, funeral cover and other services. African Bank Ltd and African Insurance Group Ltd are wholly owned subsidiaries of African Bank Holdings Limited (ABHL). As of September 30, 2017, the Bank had total assets of R32.954 billion, net advances of R18.743 billion and total equity of R9.108 billion.

Number of Branches: 388
Number of Employees: 3,442

African Bank Holdings shareholders:
South African Reserve Bank
Government Employees Pension Fund (GEPF)
Absa Trading and Investments Solutions (Proprietary)
Barclays Africa Group
Nedbank Limited
FirstRand Bank Ltd
Investec Bank Ltd
Standard Bank of South Africa
Capitec Bank Limited

Head office address:
59 16th Road
Midrand 1685
Phone number: +27 11 256 9000