Imperial Bank South Africa

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.imperialbank.co.za

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]

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Transcription

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

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.

v t e Banks of South Africa
Central bank	South African Reserve Bank
Big four commercial banks	Absa First National Bank Nedbank Standard Bank
Other	African Bank Bidvest Bank Capitec Bank Development Bank of Southern Africa FirstRand Grindrod Bank Imperial Bank South Africa Investec Land and Agricultural Development Bank of South Africa Postbank Sasfin Bank Ubank
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Companies based in Greater Johannesburg

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Construction
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Energy

Financial

Banks	Absa Bank Access Bank South Africa African Alliance Investment Bank African Bank Bank Zero Bidvest Bank DBSA First National Bank FirstRand Bank Imperial Bank South Africa Mercantile Bank Nedbank Rand Merchant Bank Sasfin Bank Stanchart South Africa Standard Bank TymeBank Ubank Wizzit Defunct VBS Mutual Bank