Alerts History
• 06-Aug-2014 08:40 - AFRICAN BANK INVESTMENTS LTD ABLJ.J - QUARTERLY OPERATIONAL UPDATE FOR QUARTER ENDED 30 JUNE 2014, CHANGES TO BOARD, TRADING STATEMENT AND CAUTIONARY
• 06-Aug-2014 08:40 - AFRICAN BANK INVESTMENTS LTD ABLJ.J - DISBURSEMENTS FOR NINE MONTHS ENDED JUNE 2014 DECLINED TO R14.1 BLN, 20% LOWER THAN DISBURSEMENTS OF R17,7 BLN FOR COMPARABLE PERIOD
• 06-Aug-2014 08:41 - AFRICAN BANK INVESTMENTS LTD ABLJ.J - AVERAGE NET LOAN SIZE DECREASED TO R13 331 IN THIS QUARTER COMPARED WITH R13 868 FOR FIRST HALF OF 2014.
• 06-Aug-2014 08:41 - AFRICAN BANK INVESTMENTS LTD ABLJ.J - GROSS ADVANCES EXPERIENCED MUTED GROWTH OF 2% TO R60.1 BLN OVER NINE MONTHS SINCE SEPTEMBER 2013 WHILE PERFORMING LOANS HAVE DECREASED BY 3% TO R41.1 BLN OVER SAME PERIOD
• 06-Aug-2014 08:41 - AFRICAN BANK INVESTMENTS LTD ABLJ.J - OVERALL COLLECTIONS RUN RATE IN BANKING UNIT IS AT ABOUT R7 BLN PER QUARTER AT AN AVERAGE OF 65% OF INSTALMENTS RAISED ON ALL PERFORMING AND NPLS
• 06-Aug-2014 08:42 - AFRICAN BANK INVESTMENTS LTD ABLJ.J - LEON KIRKINIS, GROUP CHIEF EXECUTIVE OFFICER, MANAGING DIRECTOR OF AFRICAN BANK AND ONE OF FOUNDERS OF ABIL HAS RESIGNED WITH IMMEDIATE EFFECT
• 06-Aug-2014 08:42 - AFRICAN BANK INVESTMENTS LTD ABLJ.J - HAS APPOINTED PWCAS AN ADVISOR TO BOARD TO ASSIST IN RESTRUCTURING OF GROUP
• 06-Aug-2014 08:42 - AFRICAN BANK INVESTMENTS LTD ABLJ.J - OARD HAS APPOINTED NITHIA NALLIAH ( GROUP CHIEF FINANCIAL OFFICER) TO POSITION OF ACTING CHIEF EXECUTIVE OF ABIL AND MANAGING DIRECTOR OF AFRICAN BANK WITH IMMEDIATE EFFECT
• 06-Aug-2014 08:43 - AFRICAN BANK INVESTMENTS LTD ABLJ.J - EXPLORING OPTIONS TO ISOLATE AFRICAN BANK FROM IMPACT OF "BAD" BOOK WHICH IS ALSO EXPECTED TO HAVE DIRECT POSITIVE IMPACT ON MOODY'S RATING OF AFRICAN BANK
• 06-Aug-2014 08:43 - AFRICAN BANK INVESTMENTS LTD ABLJ.J - ABIL IS ALSO ACTIVELY EXPLORING OTHER ALTERNATIVES THAT WOULD REMOVE ANY FUTURE EXPOSURE OF ABIL TO ELLERINES.
• 06-Aug-2014 08:43 - AFRICAN BANK INVESTMENTS LTD ABLJ.J - BANKING UNIT IS EXPECTED TO SHOW A BASIC LOSS AND HEADLINE LOSS FOR SECOND HALF OF FINANCIAL YEAR 2014
• 06-Aug-2014 08:44 - AFRICAN BANK INVESTMENTS LTD ABLJ.J - GROUP IS EXPECTED TO SHOW A BASIC LOSS OF ATLEAST R7.6 BLN AND HEADLINE LOSS OF AT LEAST R6.4 BLN FOR FULL YEAR
REF : Thomson's Reuters
Kind Regards
Steven
Steven Morris CA (SA)
Mobile: 083 943 1858
Fax: 086 671 2498
E-Mail: steven@global.co.za
Website: www.stevenmorris.co.za
