Income growth and Strong Balance Sheet Demonstrate BancABC’s resilience

10 March 2010

BancABC, the regional banking operations of Botswana listed ABC Holdings, released its annual results for the year ending December 2009 today. The results show income growth across all operations except Zambia and an enlarged and strengthened balanc...read more

ABC Holdings Limited Interim Results Announcement

24 August 2009

BancABC bucks the trend to show growth in challenging markets

BancABC, the regional banking operations of Botswana listed ABC Holdings, continued to generate profit, strengthen its balance sheet and grow operations during the first half of 2009. The announcemen...read more

ABC Holdings posts positive results for year ended December 2008

11 March 2009

Regional Banking Group ABC Holdings Limited posted an encouraging set of results. All operations with the exception of ABC Zimbabwe and ABC Zambia registered a marked improvement.

Attributable profit after tax at BWP 86 million is 31% lower than BWP 124 mi...read more

ABC Holdings Ltd Presents Half-Year Results

02 September 2008

In keeping with its strong growth trend, regional banking group ABC Holdings Limited today released strong interim results. Attributable profit of BWP82.6 million is 50% higher than prior year, balance sheet grew by 24% and the group has declared an interim dividend of 8 Thebe per share....read more

ABC Holdings Releases Interim Results

17 August 2007

Botswana-listed regional banking group ABC Holdings Limited this week released solid interim results that reflect steady progress in its expansion drive. Attributable earnings at BWP 49.1 million are 4% higher than the prior year comparative of BWP 47.2 million. Headline earnings held steady at B...read more

IFC Investment in ABC Holdings to Increase Access to Finance in Southern and Eastern Africa

17 August 2007

Gaborone, Botswana, August 17, 2007-IFC, a member of the World Bank Group, will invest million to help ABC Holdings diversify and expand its regional operations. This will boost the company's ambition to be a pre-eminent African financial ...read more

ABC holdings releases interim results

17 August 2007

Commenting on the results ABCH Group Chief Executive Officer, Doug Munatsi said, "We are pleased with the Group's performance which has held steady when viewed against the massive depreciation of the Zimbabwe dollar that lost 98% of its value in real terms during the period. We are seeing co...read more

IFC Investment In ABC Holdings

17 August 2007

IFC’s investment will consist of up to a 10 percent equity stake of ABC Holdings’ issued share capital. The remainder will comprise a loan that may be convertible to common shares. The holding company will use the proceeds of the loan to increase the capital of its subsidiaries in Botswana, ...read more

ABC Holdings Posts Impressive Financial Results

15 March 2007

Regional business banking group and Botswana Stock Exchange-listed ABC Holdings Limited posted a strong set of results for year ended 31 December 2006, increasing attributable profits by 60% driven by strong performance from all operating companies

Group headline earnings ...read more

ABC Holdings Receives Rating Boost from GCR

21 February 2007

ABC Holdings Limited received a rating boost from Global Credit Rating (GCR), with its long-term credit rating moving up a notch to BBB and the short form rating maintained at A3.

GCR said their rating decision recognized the high quality of management which displays a stro...read more

African Banking Corporation Secures US Million To Fund I'ts Expansion Across Africa

05 February 2007

This exciting development is the culmination of negotiations with BIFM Capital, the specialized finance subsidiary of Botswana Insurance Fund Managers (BIFM). The BWP250 million (US million) BIFM Capital investment and the US million raised...read more