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African Bank releases it’s results.

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AFRICAN BANK GROUP’S net profit after tax for the half-year ending 31 March 2022, has increased by 145% to R372 million.

The results are due in part to strong growth in credit sales, a higher take up in MyWORLD transactional accounts, and a return to the bank’s “audacious” heritage, as evidenced by the bank’s new brand repositioning.

The results were presented in Johannesburg this morning (Tuesday, May 24, 2022) by CEO Kennedy G Bungane and are a clear indication that the Bank is on track in executing its Excelerate25 strategy.
24 May 2022 4AM English South Africa Business News · Investing

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