African Bank Ownership

African Bank Owners

African Bank Owners South African based, 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, …

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African Bank Ownership

African Bank Ownership There are new shareholders in African Bank. The SARB is now a 50% shareholder. The PIC (on behalf of the Government Employees’ Pension Fund) is a 25%shareholder, and the Big 6 banks – Investec, Capitec, and the Big 4 – are the remaining 25% shareholders.