Financial reporting
African Bank Holdings Limited and African Bank Limited results for the six months ended 31 March 2017. This section contains the latest published results information, released on 23 May 2017.
Business Update
- Tough environment
- Core loans business continues to improve
- Traction on new initiatives
Earnings
- Group operating profit before tax and FX R501 million
- Profit after tax R315 million
- ROE 7,5%
Customer advances
- Gross advances R28,1 billion
- Credit risk under control
- Conservative provisioning
Balance sheet
- Available cash R11,7 billion
- CET 32,0%
- Hedged foreign currency liabilities
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2016
