African Bank
in South Africa 🇿🇦
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About African Bank in South Africa
African Bank is a retail bank in South Africa that specializes in unsecured personal lending and transactional banking services. Licensed as a "locally controlled bank" by the South African Reserve Bank (SARB), the institution serves primarily lower to middle-income individuals and small businesses across South Africa.
As of September 2022, African Bank held total assets worth ZAR 28.695 billion, with shareholders' equity of ZAR 11.080 billion. The bank operates through a nationwide branch network of over 400 locations, complemented by robust digital banking platforms including mobile apps and online banking services.
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