Imperial Bank South Africa
 | |
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1996 |
| Headquarters | Johannesburg, South Africa |
Key people | Hubert Brody, Chairman, René Van Wyk, Managing Director and Chief Executive Officer |
| Products | Loans, Savings, Checking, Investments, Debit Cards, Credit Cards, Mortgages |
| Parent | Nedbank |
| Website | www |
Imperial Bank South Africa Limited, also referred to as Imperial Bank South Africa (IBSA), but commonly known as Imperial Bank, is a commercial bank in the Republic of South Africa. It is licensed as a locally controlled financial institution by the Reserve Bank of South Africa, the national banking regulator.[1]
History
The bank was established in 1996 by Imperial Holdings Limited. In 2001, the Nedbank Group acquired 50.1% controlling interest in the bank. Imperial Holdings retained 49.9% shareholding. In August 2009, the Nedbank Group acquired the 49.9% that it already did not own, thereby becoming the sole owner of the bank.[2][3]
Branch network
As of November 2010[update], IBSA maintained headquarters at 24 Achter Road, Sandton, Rivonia, Johannesburg, South Africa. No other information is available about the branches of the bank.[4]
Governance
The Chairman of the ten (10) person Board of Directors, is Hubert Brody, a non-Executive Director. The Managing Director and Chief Executive Officer is René Van Wyk.[5]
External links
- Website of Imperial Bank South Africa
- Website of Reserve Bank of South Africa
See also
Banks portal
- List of banks in South Africa
- South African Reserve Bank
- Economy of South Africa
- Banking in South Africa
- Nedbank Group
References
- ^ List of Licensed Financial Institutions In South Africa Archived 2009-05-24 at the Wayback Machine
- ^ "History of Imperial Bank South Africa". Archived from the original on 8 January 2011. Retrieved 6 November 2010.
- ^ "Business Report | IOL | Breaking News | South Africa News | World News | Sport | Business | Entertainment | IOL.co.za". Retrieved 31 August 2017.
- ^ "Branches of Imperial Bank South Africa". Archived from the original on 8 January 2011. Retrieved 6 November 2010.
- ^ "The Board of Directors of Imperial Bank South Africa". Archived from the original on 8 January 2011. Retrieved 6 November 2010.
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