Background Of African Bank

Background Of African Bank

African Bank’s mission is to be a successful retail bank, which offers a wide range of products and services to consumers of South Africa, including unsecured loans, transactional banking and saving and investments.

The Bank is a 100% subsidiary of African Bank Holdings Limited

The South African Reserve Bank, the Government Employee Pension Fund and six of the large South African banks are shareholders of the group.

African Bank Limited is a retail bank that offers financial products and services to residents of South Africa. The Bank is licensed as a “locally-controlled bank” by the South African Reserve Bank (‘SARB’) .

Headquartered in Midrand, South Africa, the bank has a countrywide branch distribution network in addition to digital, direct marketing & contact centre, sales and service channels.