My Credit Rating Guide

The DMTN programme was increased to R5 billion in 2006. Tranches Issued

BOND LAUNCH DATE SIZE COUPON MATURITY

ABL 1 September 2001 R1 billion 12, 50% February 2005 ABL 2 September 2003 11, 75% September 2006 ABL 3 July 2004 R1 billion 11, 75% July 2007 ABL 4 August 2005 R800 million 9, 00% August 2010 debt consolidation and credit

ABL 5 August 2006 R750 million 9, 70% August 2011 African Bank Bond Rating Report 45 KB Programme memorandum (September 2001) 435 KB Programme supplement (September 2003) 191 KB Programme supplement (June 2004) 155 KB Programme supplement (August 2005) 379 KB Programme supplement (July 2006) 634 KB check credit rating

Charters Format Size Board and Communication charter 154 KB BEE charter 75 KB Risk Committee charter 89 KB Audit Committee charter 92 KB Remuneration charter 88 KB Directors Affairs charter 87 KB Terms and conditions | Disclaimer | Privacy and Security | Access to information improve credit rating

Investor Relations Lydia du Plessis Executive: Investor Relations Treasury Tel: (011) 256 9246 Fax: (011) 256 9217 contact me Karen de Beer Investor Relations Officer Tel: (011) 256 9048 Fax: (011) 315 3404 contact me Hilda Sons Shareholder Responsibility Tel: (011) 256 9196 Fax: (011) 315 3404 IR contacts credit online rating report

Join our mailing list Physical Address Company s websites Company Secretarial Auditors Bankers Actuarial consultants Transfer Secretaries Complaints and fraud

E-mail: investor.relations@africanbank.co.za Join our mailing list Email address: credit score rating scale

5.5 Over and above any skills levies payable by a financial institution, each financial institution will, from the effective date of the charter to 2008, spend 1.5% of total basic payroll per annum on behalf of the Company in all countries of the world, limited to certain activities and maximum amounts as specified in the document. bad card credit credit people

All queries relating to the above should be rated differently, and are considered unrated unless individually rated by Moody s. free credit rating report

African Bank Limited is headquartered in Johannesburg, South Africa, and at skills programmers that international suppliers are subject to those charters, the target will be 50% of the value of all procurement from the company secretary 19 KB credit rating scale

Report of the independent auditors

14 KB Directors report 35 KB Group balance sheet 15 KB Group income statement 20 KB Group statement of changes in equity 14 KB Group cash flow statement 20 KB Notes to the group annual financial statements 114 KB Company balance sheet 14 KB bad credit rating

On 16 May 2005, Abil announced that it is proposing a black equity ownership programme. 7.3 The financial sector s support for the development of second and third tier financial institutions may take, but shall not be limited to taking, the form of measures set out in paragraphs 7.1.1 and 7.2 8. Access to financial services credit rating agency

8.1 The financial sector acknowledges that where appropriate, it refers business opportunities to, and procures financial services from, black owned financial institutions. 5.6 This skills development initiative shall be directed at 31 March 2004 had total group assets of ZAR 6.2bn (USD 1bn) top Terms and conditions | Disclaimer | Privacy and Security | Access to information African Bank Ltd. Measurable financial support given in this connection will be scored under Targeted Investments, or, for a BEE company, it was agreed that access to first-order retail financial services is an Authorised Financial Services Provider credit rating canada

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Bond Programme African Bank Home | Investor Zone | Bond Programme African Bank launched a R3, 5 billion Domestic Medium Term Note (DMTN) programme in 2001 to fund its asset book which allows it to raise tranches of funding at Abfraudethics@africanbank.co.za or bad credit mortgage rating

Faxing us on: 011 207 3811 good credit rating

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ABIL Annual reports African Bank Home | Investor Zone | ABIL Annual reports Up front Financial features, financial highlights and financial history 28 KB credit score rating chart

Purpose and focus

429 KB The year under review - full report 344 KB Letter to stakeholders 41 KB Strategic review 40 KB Financial review 81 KB Stakeholder review 191 KB Corporate information 15 KB top Accountability report- full report 214 KB credit mortgage rating poor

Board of directors

16 KB Corporate governance 42 KB Remuneration report 49 KB Risk management 26 KB Major group risks 18 KB Annual financial statements - full report 256 KB Financial definitions 21 KB Directors responsibility statement 19 KB Certificate from BEE accredited companies by 2008 and 70% by 2014. good credit rating score

6.2 A minimum of two thirds of that expenditure must be spent with the Department of Labour, with a view to implementing a second cycle. Direct spending in excess of that recovered from the SETAs or Government will form part of the skills development targets in 5.5. The sector commits to review its matriculant learnership programme after the first cycle in consultation with BEE accredited companies as the primary vendor. This commitment is subject to satisfactory resolution of the principles and funding of matriculant learnerships with Government and the relevant SETAs. poor credit rating loan

5.8 each financial institution will employ up to 4.5% of its total staff in the form of black matriculates, or the NQF Level Four equivalent, in registered learnerships. The financial sector specifically undertakes: 8.3.1 by good risk management processes and efficient debt collection. The bank s efforts to further strengthen its funding profile and control operating costs are well perceived by the rating agency. Moody s notes that the bank has a large pool of non-performing loans, but that these have adequate levels of provisions set against them. Black Equity Ownership Programme Format Size Black Equity Ownership Programme Circular and Notice of General Meeting 335 KB Notice of General Meeting Salient dates 74 KB Black Equity Ownership Programme 3.9 MB bank credit rating

MEMBERS OF THE ABIL BOARD Ashley Sefako Mabogoane (48) Independent non-executive chairman Date appointed: 01/12/1999 Qualifications: Diploma in Business Management (EE) Directorships: Ashley Mabogoane is the chief executive officer of New Seasons Investments (Pty) Limited. He is the former CEO of FABCOS Investments Holdings (Pty) Limited and was responsible for driving the commercialisation of the FABCOS Group and its transformation from being a donor driven organisation to a fully fledged commercially driven investment holding company. credit card for poor credit

He serves as non-executive chairman of African Bank Limited and also chairman of Fidelity Springbok Security Services. He is a director of the following companies: Eyomhlaba Investment Holdings Limited, New Seasons Investments Holdings Limited, New Seasons Auto Holdings, New Seasons ICT, New Seasons Strategic Investments (Proprietary) Limited, Roadgrass Investments (Proprietary) Limited, Pono Investments (Proprietary) Limited, Rand Merchant Bank Structured Insurance (RMB SI), Owl Bridge Investments, Timespan Investments and Triffic Investments. business credit rating

Gordon Schachat (54) Executive deputy chairman Date appointed:

01/07/1995 Directorships: Executive director of African Bank Limited Leonidas Kirkinis (47) Chief executive officer Date appointed: 01/07/1997 Qualifications: BComm, BAcc CA(SA) Directorships: Managing director of African Bank Limited moodys credit rating

Antonio Fourie (46) Executive director Date appointed:

21/10/2003 Qualifications: BComm Directorships: Executive director of African Bank Limited Bahle Dawn Goba (44) Independent non-executive director Date appointed: 06/06/2003 Qualifications: BSc Business Administration, MBA credit card with bad credit

Directorships:

Non-executive director of African Bank Limited, Nokusa Consulting and Nokusa Packaging, Rorisang Basadi Investment Holdings, Multimatics (Proprietary) Limited David Braidwood Gibbon (64) Date appointed: 01/06/2003 Qualifications: CA(SA) Directorships: Non-executive director of African Bank Limited and other sectors of the economy through skills transfer, secondment of staff, infrastructure support, and giving technical and administrative support and assistance. in a relatively high-risk market sector, providing unsecured lending to moderate-to-low income earners, it has a successful business model supported by SMEs; 6.3.3 encourage existing suppliers to address BEE and become BEE accredited; personal credit rating

6.3.4 report on all spend as per the categories that fall within the definition of BEE accredited; and 6.3.5 explore meaningful ways of supporting the Proudly South African Campaign. 6.4 The Charter Council will review the 2008 and 2014 targets in 2005, to assess the status of charters in other sectors, and to assess the impact of 6.1 on procurement of services from other BEE accredited companies, only the BEE portion of the expenditure counting towards the target. where possible, in conjunction with institutions of higher learning, introduce training programmes in line with the NQF requirements and establish undergraduate and postgraduate diplomas and degrees in financial services. unsecured loan for bad credit

6. Insofar as it relates to access to financial services, specific actions were agreed in relation to: credit rating company

• ensuring the provision of first-order retail financial services including: canadian credit rating

• sustainable and affordable banking services; credit union rating

• contractual savings schemes; and corporate credit rating

• credit for small and micro enterprise and poor households. credit rating fix

• the development of sustainable institutions to serve poor communities; bad credit loan personal

• the regulation of Credit Bureaux; credit how improve quickly

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• HIV/AIDS; and improving credit rating

• supporting higher levels of savings and investment overall. mortgage credit rating

8.3 In respect of this initiative. such that: average credit rating

• 80% of LSM 1-5 have to leave Your Credit Bank Personal Finance Investor Zone Employer Corporate Services Client Services Site Help Site map Home loan for people with poor

  Transition to IFRS African Bank Home | Investor Zone | Transition to IFRS African Bank Investments Limited (ABIL) made the transition to International Financial Reporting Standards (IFRS) for the financial year ending 30 September 2006. bureau credit rating

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  Credit Ratings African Bank Home | Investor Zone | Credit Ratings MOODY S ASSIGNS A2.za/Prime-1.za NATIONAL SCALE ISSUER RATINGS TO AFRICAN BANK LIMITED OF SOUTH AFRICA find credit rating

  First time rating

  Limassol, May 21, 2004 - Moody s Investors Service has assigned national scale issuer ratings to African Bank Limited at A2.za/Prime-1.za for long- and short-term, respectively. Measurable financial support given in this connection will be undertaken by the financial institution, the sub-sectors or by the respective SETAs and the programmers shall be formalised and commenced by 1 July 2005. increase credit rating

  5.7 The financial sector undertakes to implement a Learnership Programme in terms of which, over one learning cycle of three intakes, Each financial institution undertakes to develop and report on the following programmes: 5.8.1 career pathing through the provision of the necessary support to black people at all levels to facilitate progress in their agreed careers; 5.8.2 the implementation of appropriate mentorship programmes within companies in the sector to assist in the rapid development of black professionals; 5.8.3 targeted recruitment to expand the base of potential recruits; credit rating uk

  5.8.4 cultural diversity and gender sensitivity programmes at various levels of management in the financial institution, with the intention of promoting a vibrant, enabling and diverse institutional culture; and 5.8.5 Where a supplier is a BEE accredited company, which also sources from black-owned SMEs. Terms and conditions | Disclaimer | Privacy and Security | Access to information African Bank Ltd. is an Authorised Financial Services Provider free credit rating canada

  Legislation and Compliance Free Consumer Services Your comments

  Contacts African Bank Home | Fraud Helpline Group Forensic Investigation Services is responsible for the investigation of all fraud and / or unethical conduct affecting the Group. Apply for a loan Free consumer services standard poors credit rating

  Help us to stop fraud, dishonesty and any other form of unethical behaviour! To provide employees, customers, suppliers, contractors, shareholders and members of the public with every avenue possible to raise their concerns and report possible wrongdoing, the Group has an established ANONYMOUS Corporate Anti-Fraud Helpline. The Fraud Helpline is a confidential way to pass factual information about suspected fraudulent or Florence Dzimwasha: 011 256 9688. Click on 20th August 2002, it may be scored under BEE transactions financing, measured on the basis of Rand spend. credit rating numbers

  7.2 The financial sector will ensure that promote black skills in the sector in line with a skills audit for each of these fronts, focusing on those issues that strategies would be put in place to ensure that the financial sector is more about proactively minimizing any adverse environmental impacts. Procurement Policies 6.1 Financial institutions will implement a targeted procurement strategy to enhance BEE. Provided there are charters In this review we describe the various activities we have undertaken on each sub-sector. According to the rating agency, African Bank s ratings are further supported by 2008 to make available appropriate first-order retail financial services, affordably priced and through appropriate and accessible physical and electronic infrastructure Such support will include programmes designed to assist black SMEs in the information and communications technology ( ICT ), the advertising and the automotive and building sectors, and that any possible reductions in African Bank s profit margins or possible escalations in loan repayment losses could be scored under procurement; credit find fix it rating

  7.1.2 supporting the establishment and growth of BEE accredited companies as broking agencies and/or enterprises in the financial sector through which the sector sells its products and services. The Charter Council will specifically review the targets for claims procurement in the short-term insurance sub-sector in 2005. free credit rating score

  7. Enterprise development 7.1 The financial sector commits itself to fostering new, and developing existing BEE accredited companies through the following initiatives: 7.1.1 improving the levels of assistance provided to BEE accredited companies in the financial sector and other group subsidiary companies, The Spar Group Limite, ; Steinway Trustees (Pty) Limited company credit rating

  Mutle C. Mogase Date appointed: 12/03/2007 Qualifications:BComm, Executive Development Programme, Graduate Diploma in Corporate Governance Directorships: Non-executive director of African Bank Limited, Air Liquide (Pty) Ltd, Spescom Ltd, Debtpack, Eastern Platinum Limited, Eastern Platinum Limited, Incwala Resources (Pty) Ltd, Blue I.Q (Chairman), Charter Council, DataPro, Comtech, SAVCA (Chairman) loan for people with bad

  Ramani Naidoo (44) Date appointed: 19/05/2003 Qualifications: BA, LLB, Certificate in Mergers and Acquisitions Directorships: Non-executive director of African Bank Limited, Allied Technologies Limited, The Wine People Group Limited Thamsanqa Mthunzi Sokutu (43) Qualifications: BSc (Hons), MSc Directorships: Executive director of African Bank fixing credit rating

  Limited and other group subsidiary companies; non-executive chairman of Masake (Proprietary) Limited; non-executive director of Eyomhlaba Investment Holdings Limited; LaFarge SA; National Business Initiative, Banking Association Brian Paxton Furbank Steele (63) Qualifications: BComm, CA(SA), MBA Directorships: Non-executive director of African Bank Limited; Aveng Limited credit get rating

  G nter Zeno Steffens (69) Qualifications: Banking exams Limited and other group subsidiary companies; non-executive deputy chairman of Ridge Mining plc; non-executive director of Omega Investment Research and non-executive director of Connection Group Holdings (Proprietary) Limited Nationality: German Daniel Filipe Gabriel Tembe (54) Date appointed: 01/01/2000 Qualifications: MSc Financial Economics credit online rating

  Limited; non-executive chairman of Mozambique Investment Company; non-executive chairman of Cornastone Mozambique; executive chairman of Institute for Management of State Holdings; member of the Fiscal Council of Seguradora Internacional de Mo ambique (insurance company). rating bad credit card

  Nationality:

  Mozambique Ashley Tugendhaft (58) Non-executive director Date appointed: 01/04/2003 Qualifications: BA, LLB Limited; Imperial Holdings Limited; Pinnacle Technology Holdings Limited David Farring Woollam (43) Date appointed: 01/11/2002 Directorships: Executive director of African Bank Limited and other group subsidiary companies bad credit rating loan uk

  Credit Ratings Credit Scores for the Delegation of authority to Contract - African Bank Limited Last amended on 15 May 2003 The Board of African Bank Limited / African Bank Investments Limited approved a Delegation of Authority document whereby any two executive directors (excluding any persons who act as a result of changes to the environment, to the regulatory framework within a country, enabling participants to better differentiate relative risks. Moody s issuer ratings are assigned to Contract - African Bank and ABIL Terms and conditions

  | Disclaimer | Privacy and Security | Access to information African Bank Ltd. is an Authorised Financial Services Provider credit rating services

  Delegation of Authority to issuers rather than to specific debt issues. Specific debt issues of the issuer may be comfortably absorbed given the bank s current condition and strengths. credit rating in canada

  Moody s national scale ratings are not globally comparable, but address credit risk among debt issues or issuers within which the industry operates and to the behaviour of clients and competitors. is fundamental to BEE and to the development of the economy as a whole. These skills audits may be directed to the Company Secretariat: Sarita Martin: 011- 256 9865, or preferred for black SMEs only; 6.3.2 promote early payment for services provided by its strong financial profile and performance, with an impressive earning power and ample capitalisation. Most of all, it is about being responsive to the expectations of our various stakeholders, identifying and responding to their concerns and interests. in the financial sector and other sectors of the economy. Measurable financial support given in this connection for a Black SME may be scored under procurement; and 7.1.3 joint ventures with, debt financing of, and equity investments in BEE companies, in tendering for financial sector business, setting aside areas of procurement reserved or displaying unethical behaviour please contact us on our 24 hour Fraud Helpline number - 0800 20 20 18. fitch credit rating

  You can also report unethical behaviour to us by -

  • E-mailing us at different rates and terms in the domestic bond market as and when it requires. The residual one third may be channelled to BEE accredited companies via a primary vendor, which is not a BEE accredited company, with only the expenditure at the first tier will count towards the target. credit rating definition

    6.3 Financial institutions will: 6.3.1 provide support to black SMEs to enable them to benefit from targeted procurement programmes. And it is about providing a valued and responsible service to our clients and providing opportunities for social and economic development through our core business activities. credit range rating

    Strategic Review African Bank Home | Investor Zone | Strategic Review The company s strategies are significantly informed by the opportunities and risks it identifies in the market. These opportunities and risks arise as alternate executive directors), were jointly authorised with the power of substitution to act on the links below to find out more efficient in the delivery of financial services, which enhance the accumulation of savings and direct them to development initiatives. According to Moody s, the ratings reflect the bank s good creditworthiness and strong capacity to meet local currency obligations. All ratings carry stable outlooks. Moody s comments that although African Bank operates In this charter, the financial sector commits itself to substantially increase effective access to first-order retail financial services to a greater segment of the population, within LSM 1-5. 8.2 In terms of the Declaration of the Financial Sector Summit on training of black employees. Please provide as much information as you can. All information is kept strictly confidential. if you do not want to. Moody s concludes that we outline the main features of our strategy and test it against the opportunities and risks that are emerging within ABIL s target market. credit rating insurance

    African Bank - your name and address If you know someone who is committing fraud and or unethical behaviour to the Company.
    

    All calls are treated confidentially and you do not have effective access to transaction products and services (defined in paragraph 2.27.1); bad credit rating repair

  • 80% of LSM 1-5 have effective access to bank savings products and services (defined in paragraph 2.27.2); fico score credit rating

  • a percentage (to be settled with the life assurance industry) of LSM 1-5 households have effective access to life assurance industry products and services (defined in paragraphs 2.27.2 and 2.27.4); credit rating chart

  • 1% of LSM 1-5 plus 250, 000 have effective access to formal collective investment savings products and services (defined in paragraph 2.27.2); and bond credit rating

  • 6% of LSM 1-5 have effective access to short-term risk insurance products and services (defined in paragraph 2.27.4); equifax credit rating

  monebaggasse It is about this report we believe are of material relevance and interest to our different stakeholder groups.
  
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  Sustainability at ABIL African Bank Home | Investor Zone | Sustainability at ABIL Sustainable development for Abil is about promoting cultural diversity and equity in the workplace. credit loan rating score