Overview of the truly African Bank
ABC Holdings Limited is the parent
company of a number of sub-Saharan Africa banks operating under the
BancABC brand that offer a diverse range of financial services
including personal, business and corporate banking as well as asset
management, stockbroking and treasury services. Guided by its core
values of professionalism, people, innovation, passion and
integrity, BancABC is pursuing its vision be the preferred banking
partner in Africa by offering world class financial solutions - to
the benefit of all its stakeholders. BancABC is realising this
vision by building profitable, lifelong customer relationships
through the provision of a wide range of innovative financial
products and services
BancABC has a proud heritage dating back to 1956. The Group, which
has its head office in Botswana, was formed as a result of a series
of mergers and acquisitions of financial institutions operating in
Southern Africa. This has given the Group a strong geographical
footprint as well as a sound understanding of the diverse financial
markets within the region. As a result, BancABC has operations in
Botswana, Mozambique, Tanzania, Zambia and Zimbabwe and a group
services office in South Africa.
BancABC has its primary listing on the Botswana Stock Exchange and
a secondary listing on the Zimbabwe Stock Exchange. The Group's
shareholders include, Old Mutual, Botswana Insurance Fund and the
International Finance Corporation. The Management of BancABC, most
of whom have a longstanding history with the bank, also holds
significant shareholding within the Group thereby offering much
needed stability to all stakeholders.
Break down of ABC Holdings
ABC Holdings Limited is the holding company for a number of
operating companies across sub-Saharan Africa each with independent
banking licenses. ABC Holdings head office is in Botswana where it
is listed on the BSE. A secondary listing on the ZSE in Zimbabwe is
also held.
