African Bank

African Bank

African Bank Limited, is a retail bank in South Africa, offering a range of financial products and services, serving both private and business customers.

African Bank

African Bank
African Bank

Can I get a loan at African Bank if I blacklisted?

If you are blacklisted by any of South Africa’s credit bureaus, you will probably not be eligible for a loan. Your credit risk and personalised credit profile is based on late payments, non-payments, debt review, balances on credit cards, and more.

How to qualify for a loan at African Bank?

You must be over 18 to apply for a loan and will need to produce a recent proof of income which reflects at least three salary deposits, proof of residence not older than three months and a recent bank statement reflecting three salary deposits. At African Bank, you can choose to repay a loan over seven to 72 months.

Is African Bank a real bank?

African Bank Limited is an authorised financial services and registered credit provider.

Which bank owns African Bank?

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%).

African Bank

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