Overview

African Bank Investments Limited (ABIL) is a publicly quoted bank-controlling company listed on the JSE Securities Exchange.

In January 2008, ABIL acquired Ellerine Holdings Limited, a successful and established credit and cash retail furniture and appliance business. ABIL now consists of two underlying operations; the African Bank business unit, providers of unsecured credit; and the Ellerine Holdings Limited business unit, consisting of retail and financial services operations.

The group’s immediate objectives are to enhance the individual business units’ performance, whilst ensuring that they act in concert with each other to optimise value to ABIL shareholders.