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Last $0.06 USD
Change Today 0.00 / 0.00%
Volume 0.0
AFRVF On Other Exchanges
As of 4:30 PM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

african bank investments ltd (AFRVF) Snapshot

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african bank investments ltd (AFRVF) Details

African Bank Investments Limited operates as a bank holding company for African Bank Limited that offers savings and investments solutions. It underwrites unsecured credit risk through the provision of personal loans to the formally and informally employed residents. The company offers personal loans, overdrafts, credit cards, and vehicle finance. It also provides credit life policies to customers who utilize the loan and credit card products offered by African Bank, as well as funeral insurance products. The company also retails furniture and appliances, and provides related services under the Ellerines, Beares, Furniture City, Dial-a-Bed, Geen & Richards, and Wetherlys brands. It has operations in the Republic of South Africa, Zambia, Botswana, Lesotho, Namibia, and Swaziland. The company was formerly known as Theta Group Limited and changed its name to African Bank Investments Limited in 1999. African Bank Investments Limited was incorporated in 1946 and is based in Midrand, South Africa.

13,180 Employees
Last Reported Date: 12/6/13
Founded in 1946

african bank investments ltd (AFRVF) Top Compensated Officers

Acting Chief Executive Officer, Group Chief F...
Total Annual Compensation: R3.0M
Group Executive of Customer Value Proposition
Total Annual Compensation: R3.1M
Group Executive of Core Operations
Total Annual Compensation: R2.4M
Compensation as of Fiscal Year 2013.

african bank investments ltd (AFRVF) Key Developments

African Bank Investments Limited Names Louis Von Zeuner as Chairman

African Bank Investments Limited announced that it has appointed former Absa executive, Louis von Zeuner, as chairman designate.

African Bank Investments Limited to Report Fiscal Year 2014 Results on Nov 17, 2014

African Bank Investments Limited announced that they will report fiscal year 2014 results on Nov 17, 2014

African Bank Investments Limited Announces the Retirement of Nithia Nalliah as Chief Financial Officer and Acting Chief Executive Officer, Effective from March 31, 2015

The board of African Bank Investments Limited announced that Nithia Nalliah, the current chief financial officer and acting chief executive officer of the ABIL group, intended to take early retirement. The board has approved Nithia’s request for early retirement. He will remain with ABIL and assist in the restructuring process of the group as well as the operations of African Bank, and accordingly will continue to hold his executive positions until March 31, 2015 or when the new appointments have been made, whichever is the earlier. He will retire from the boards of ABIL and all group companies by March 31, 2015.


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