African Bank Investments Limited

 
Report: African Bank directors were reckless
Report: African Bank directors were reckless
A damning report into the collapse of unsecured lender African Bank has found that the boards of both the bank and its holding company African Bank...
Ellerine jobs saved as regulator recommends Shoprite offer
Ellerine jobs saved as regulator recommends Shoprite offer
More than 300 jobs have been saved at failed South African furniture retailer Ellerine Holdings after the Competition...
African Bank receives offer for suspended preference shares
African Bank receives offer for suspended preference shares
African Bank Investments (Abil), the South African lender that collapsed in August, said it received an unsolicited offer from Deep Value Investments for its preference shares....
JD reports loss and halts dividend as credit sales fall
JD reports loss and halts dividend as credit sales fall
JD Group, the South African retailer which sells 63% if its furniture on credit, posted a full-year loss and halted the dividend as more customers...
JD Group shares jump on imminent lending unit sale
JD Group shares jump on imminent lending unit sale
JD Group, the South African furniture retailer controlled by Steinhoff International Holdings, gained in Johannesburg as investors took encouragement...
African Bank splits to isolate loans in Reserve Bank rescue
African Bank splits to isolate loans in Reserve Bank rescue
African Bank Investments Ltd. got emergency support from South Africa's central bank in a plan calling for the company to raise R10-billion in...
African Bank chief exec quits
African Bank chief exec quits
African Bank Investments Ltd, South Africa's largest provider of unsecured loans, said founder and chief executive Leon Kirkinis resigned as it...
African Bank downgrade doesn't mean a redemption for bondholders, says CFO
African Bank downgrade doesn't mean a redemption for bondholders, says CFO
African Bank Investments, the South African unsecured lender which was downgraded to junk last week, said there are no foreign or local holders of...
Edcon plans credit sales growth as loss narrows
Edcon plans credit sales growth as loss narrows
Edcon Holdings, South Africa's largest clothing retailer, plans to sell more items on credit as a boost in revenue at the discount division helped...
Hedge fund shorts African Bank shares
Hedge fund shorts African Bank shares
African Bank Investments, South Africa's worst-performing stock in May, is pitting the country's largest hedge fund against some of the nation's...
Freak out: why African Bank's record loss has left the market unphased
Freak out: why African Bank's record loss has left the market unphased
African Bank Investments, which reported a record first-half loss, is finding buyers for its debt among investors betting the South African...
African Bank underestimates soured loans, slides to loss
African Bank underestimates soured loans, slides to loss
African Bank Investments (Abil), South Africa's largest provider of credit not backed by assets, slid to a fiscal first-half loss after bad debts...

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