African Bank Holdings Ltd 2023 Integrated Report
Company: African Bank Holdings Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2023
Type: Integrated Report
Pages: 156
The report describes African Bank Group's FY23 integration of Grindrod Bank and Ubank, which supported diversification of its products, customers, funding base and revenue streams. The Group returned to full-year profitability, reporting R505 million net profit after tax. Its sustainability programme was organized around five sustainability levers, while environmental disclosures included 4,103 MWh of electricity use, 19,505 kL of water used and 39% of waste recycled.
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