What is an African Bank?
African Bank Limited, is a retail bank in South Africa, that offers financial products and services. The Bank is licensed as a “locally controlled bank” by the South African Reserve Bank.
Where Is African Bank In Cape Town South Africa?
African Bank CT Golden Acre
Address: Shop 21D, 3rd Flr, Golden Acre, 9 Adderley St, Foreshore, Cape Town, 8001, South Africa
Hours: Open ⋅ Closes 5 pm
Phone: +27 21 441 2440
African Bank CT Adderley Street
Address: Shop 1L, Ground Floor, 94 Adderley St, Cape Town City Centre, Cape Town, 8000, South Africa
Hours: Open ⋅ Closes 5 pm
Phone: +27 21 480 7770
How many African Bank branches are there in South Africa?
Our core values of transparency, creativity, collaboration, empathy, and sustainability guide our 3,500 African Bankers across 389 branches and four Contact Centres in their daily efforts to make it easier and more rewarding for consumers to manage their financial journey.
Who owns the African Bank in South Africa?
African Bank Holdings is 50% owned by the Reserve Bank, with the Government Employees Pension Fund (GEPF) owning 25%.
A consortium of five South African banks holds the other 25% on a pro-rata basis: Capitec (1%), Investec (2%), Nedbank (4%), Absa Trading and Investment (5%), Standard Bank (6%) and FirstRand (7%).