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ABIL's purpose is to positively impact people's lives through the provision of credit. We make it possible for people to achieve their dreams – build houses, educate themselves and their children, buy cars, furniture and appliances and help with family emergencies.

Ellerines (EHL) is a furniture and appliances retailer which provides affordable products and offers credit facilities through African Bank, for the purchase of its goods. It operates in the formally employed banked market, the informally employed market, as well as higher lifestyle markets than those traditionally targeted by African Bank.

African Bank offers competitively priced long and short term loans, as well as credit card and credit life products to a predominantly formally employed and banked market.

Latest news

ABIL continues to strengthen its capital base by successfully raising R426 million through the issuance of preference shares and R300 million Tier II subordinated debt.
African Bank issued a USD350 million 5 year fixed rate senior unsecured bond. Read more

Group results

The release of ABIL's interim results for the six months ended 31 March 2012.
View details

Sustainability

ABIL are integrating sustainability into our business and thereby contributing to making a tangible difference to the lives of our stakeholders.
View our latest sustainability report