African Bank Holdings

African Bank Holdings is a retail bank that operates exclusively in South Africa, with total assets of approximately R68 billion. African Bank was founded in 2014. Its headquarters are in Johannesburg, and it has a national footprint with over 500 branches nationwide. The bank has since been restructured and recapitalized, and in 2019.

African Bank Holdings Limited is a South African retail bank that provides various credit products: loans, savings accounts, investments, and insurance products to individuals and businesses and low-income customers. The bank has expanded its digital offerings recently, introducing a mobile banking app and online loan applications to improve its customer experience.

Despite the challenges it has faced, African Bank has shown resilience and a commitment to growing its client base and improving its financial performance. Its well-established presence in the South African retail banking sector makes it a key player in its financial system.

Founded: 2014

Headquarter: Johannesburg

Website: https://www.africanbank.co.za/en/home/