African Bank Investments Ltd

Underwrites unsecured credit risk through the provision of personal loans to the formally and informally employed South African residents. The company also engages in the retail of furniture and appliances. In addition, it offers credit life insurance products, credit cards, and mobile services. African Bank operates 400 bank branches, 114 kiosks, and 1000 retail stores in the Republic of South Africa, and other countries.

Company:

African Bank Investments Ltd

Registered in:

South Africa

Registration no.:

ZA 1946/021193/06

Short name:

ABIL

Prior name:

Theta Group Ltd, Broadacres Invest; Baobab Solid Growth Ltd;

Business Sector(s):

Fund management activities

JSE:

[XJSE]  ABL  ABIL  ZAE000030060  Jul.1998

owns:

African Bank Ltd, South Africa

owns:

African Contractor Finance Corporation (Pty) Ltd, South Africa

owns:

Assure Direct (Pty) Ltd, South Africa

owns:

Credit Direct (Pty) Ltd, South Africa

owns:

Dedela Securities (Pty) Ltd, South Africa

owns:

Gilt Edged Management Services (Pty) Ltd, South Africa

owns:

Information Technology Connections, South Africa

owns:

Interactive Debt. Management (Pty) Ltd, South Africa

owns:

Miners Credit Guarantee & Extended Group (Pty) Ltd, South Africa

owns:

Quatro Guarantee, South Africa

owns:

Quattro Network, South Africa

owns:

Soletrade Seven (Pty) Ltd, South Africa

owns:

Standard & General Insurance Co. Ltd, South Africa

owns:

Theta Capital (Pty) Ltd, South Africa

owns:

Theta Investments (Pty) Ltd, South Africa

owns:

Union Micro Loans (Pty) Ltd, South Africa

owns:

Unity Admin Services, South Africa

has a share in:

Standard Bank Joint Venture (53%), South Africa

has a share in:

TEBA Ltd (50%), South Africa

has a share in:

African Bank Limited The, South Africa

has a share in:

Stangen, South Africa

has shareholder:

BoE Limited, South Africa

Deputy Chairperson:

Mr G Schachat

Chairperson (Non-Exec.):

Mr AS Mabogoane (Ashley)

Chief Executive Officer:

Mr L Kirkins (Leon)

Group Chief Financial Officer:

Mr N Nalliah (Nithia)

Director (Exec.):

Mr J de Ridder (Johan)

Director (Exec.):

Ms D Marole (Dawn)