African Bank ranked first in customer satisfaction

2020-04-04 20:56

In the 2019 South African Customer Satisfaction Index report, African Bank was rated number one in customer satisfaction, outshining all other banks.

Tymebank to roll out unsecured lending in 2020

2019-12-15 11:10

TymeBank says it's ready to start rolling out unsecured lending from February next year.

Customers 'show trust', says African Bank, as profits rise again

2019-11-26 21:30

African Bank Holdings saw its profits after tax jump 13% to R1.15bn as it continued to focus on building trust and diversifying offerings.

African Bank bets on 'near-free' family banking

2018-11-14 12:42

African Bank believes it will be able to compete with the Big Five banks once its MyWORLD cheque account is launched to consumers early next year.

Louis von Zeuner resigns as chair of African Bank

2018-09-06 08:22

Board member Louisa Stephens will co-ordinate the boards’ activities until regulatory approval of a new chairperson is granted by the Prudential Authority.

African Bank's operating profits up 42%

2018-05-30 11:55

African Bank's operating profits have lifted by 42% in the six months ended March 31, thanks to lower credit impairment and better collection methods.

Deloitte partners deny 'these allegations'

2018-04-15 06:00

Charges relate to financial statements signed off at African Bank Limited and African Bank Investments.

Unsecured lending: SA sitting on another Steinhoff bubble - expert

2018-01-26 06:23

Reckless unsecured loans are at the centre of major business failures in SA and it is just a matter of time until the next bubble bursts, claims an expert.

Deloitte, directors in the dock for African bank’s failure

2017-11-12 06:00

In seeking damages, the empowerment partners of the collapsed bank are making a case for personal liability.

African Bank cuts 600 jobs to save R50m a year

2017-08-06 06:58

African Bank has reduced its staff complement by 636 full-time employees through a restructuring programme.


Reserve Bank moves ahead with disposal of African Bank stake

2020-02-14 10:55

African Bank indicated in 2019 that it was ready to fly without SARB’s wings as it has increased its operating and net profits every year since it came out of curatorship.

Consumers win as disruptors force banks to lower fees

2019-12-03 17:11

According to Solidarity’s 10th annual bank charges report released on Tuesday, banks are now offering better benefits to their customers at lower prices to protect their market share, following fierce competition launched in the banking sector this year.

African Bank is being beaten back into shape with digital plan

2019-03-25 07:22

African Bank Holdings is joining the rush into digital banking to fail-proof the business and provide an exit for shareholders that resurrected the lender from its collapsed former parent.

Lack of funding limits probes into auditors, MPs told

2018-10-10 07:10

The Independent Regulatory Board for Auditors needs more funding to be able to implement investigations for the rising number of audit failures, members of Parliament have heard.

African Bank defendants are anxious to get certainty

2018-08-05 09:14

The attorney for 10 former African Bank directors has written to the Pretoria High Court, pressing for judgment on the matter brought by African Bank’s former empowerment partners.

African Bank appoints non-executive directors

2018-05-28 20:57

The board of African Bank Holdings has announced the appointment of Brian Riley and Happy Ralinala as non-executive directors of the bank and its holding company, African Bank Holdings Limited.

African Bank appoints new CEO

2018-03-29 14:31

Basani Maluleke will become the first black woman to head a commercial bank in South Africa when she takes over the CEO position on April 1.

Now Deloitte faces double probe

2017-12-17 06:00

Steinhoff International’s auditor joins KPMG in the dock as the regulator cracks down on audit failures.

New African Bank CEO looks to disrupt banking

2017-11-05 06:00

Basani Maluleke will be the first black woman banking CEO in SA should she take over African Bank in April 2018.

MMI, African Bank partner to expand fin services

2017-06-12 15:41

MMI Holdings announced a new partnership with African Bank which will see both entities expanding their service offerings for their client base.

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