Financial reporting
African Bank Holdings Limited and African Bank Limited results for the six months ended 31 March 2018, published on 29 May 2018.
Business Update
- A digital retail bank in the making
- Solid progress on diversification
- Core loans business performing well, Return on Equity 20.0%
- Six month retail deposit growth of 90%
Customer Advances
- Gross advances R26.9 billion
- Reduced credit risk charge 11.1%
- Conservative provisioning
- Lower risk represents 80% of advances
Earnings
- Group profit before tax and foreign exchange R715
- Profit before tax and foreign exchange up 42% year-on-year
- Group Return on Equity 9.6%
Balance Sheet
- Cash resources R8.6 billion
- Bought back R1.9 billion
- Core Equity Tier 1 ratio 32.6%
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Our most recent and archived financial reporting can be found below.
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01 Dec 2017African Bank Holdings Limited Audited Consolidated Financial Statements - December 2017
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01 Dec 2017African Bank Holdings and African Bank Limited Basel III Pillar 3 - December 2017
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23 May 2017African Bank Holdings Limited Consolidated Interim Financial Statements – 31 March 2017
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23 May 2017African Bank Holdings Limited and African Bank Limited – Basel Pillar 3 Disclosures – 31 March 2017