ABC To Venture Into Consumer Banking

The ABC, traditionally a wholesale and investment banker, is looking at a number of exciting new products which include mortgage finance, e-banking consumer banking and an aggressive branch network roll out.

Speaking at the presentation of the bank's half-year results for the six months ending June 30 2007, group chief executive officer Douglas Munatsi said organic growth in the form of widening the ABCH's geographic coverage and product range is a major focus for them.