South African billionaire Adrian Gore's Discovery Bank makes its first profit
Discovery Bank made R370 million against a R68 million loss, and 70% of new customers now come from outside the wider Discovery group.
Discovery Bank
Adrian Gore's Discovery Bank turns profitable as group delivers 24 percent operating profit jump
Adrian Gore's Discovery posted a 24% rise in normalised operating profit to R8.9 billion, with Discovery Bank crossing into profitability for the first time.
South African tycoon Adrian Gore’s Discovery Bank plans move into business banking
Discovery Bank, the digital lender backed by Adrian Gore’s Discovery Limited, is moving into SME banking to drive growth and reach R3 billion profit by 2029.
South African tycoon Adrian Gore’s Discovery Bank targets nearly $180 million profit
Discovery Bank eyes 2 million clients and R3 billion ($173 million) profit by 2029 with strong loan growth and new products.
South African billionaire Adrian Gore earns $1.81 million amid Discovery’s $12.10-million executive payout
Discovery Holdings announces its top five executives earned a combined R205 million in FY 2024, highlighting significant performance bonuses and strategic growth in the competitive financial services sector.
South African tycoon Adrian Gore’s Discovery announces secondary listing on A2X Markets
A2X Markets is a Sandton-based stock exchange founded in 2014.
South African mogul Adrian Gore’s Discovery Bank hits 1 million customers two years after launch
Discovery Bank is a subsidiary of Discovery Group, a South African financial services conglomerate.