We are delighted to announce that African Bank is the successful bidder to acquire the majority of Ubank’s disclosed assets and liabilities. Our CEO, Kennedy Bungane, says: “This is proving to be a momentous year for African Bank. The unveiling of our audacious Excelerate25 strategy, our Audacity to Believe brand repositioning, our strong positive half year results, and the acquisitions of Grindrod Bank and UBank, is testament to the ambition and sustainability of our African Bank. We are buildi
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We repositioned our #AfricanBank brand and enhanced our Excelerate25 strategy with the aim of becoming the bank of choice for all South Africans, both in the context of retail and business banking. Our founders had the audacity to defy the odds and create a bank for the people, by the people, serving the people. This year, we returned to that rich heritage and the core mission of the pioneers who started African Bank. #AudacityToBelieve | Africanbank
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