Diversified Financial Services
Company Overview of Investec Bank Limited
Investec Bank Limited operates as a specialist bank in Southern Africa. The company’s banking products and services include private bank accounts, private business accounts, fixed deposits, instant access accounts, and flexible notice accounts. Its financing and lending products comprise motor vehicle finance, home and personal loans, asset finance, specialized and structured finance, property development finance, aviation finance, growth and acquisition finance, medical practice finance, and corporate finance, as well as power and infrastructure finance, and commodities and resource finance. The company also offers investing solutions, such as portfolio and wealth management services, offsh...
100 Grayston Drive
Founded in 1974
Key Executives for Investec Bank Limited
Chief Executive Officer and Executive Director
Group Risk & Finance Director and Executive Director
Managing Director and Executive Director
Compensation as of Fiscal Year 2015.
Investec Bank Limited Key Developments
African Bank Extended Offer Period For Standard General Insurance
Jul 6 15
African Bank Investments Limited (OTCPK:AFRV.Y) extended the offer period to sell The Standard General Insurance Company Limited to July 13, 2015. African Bank received offers from Absa Bank Limited, Capitec Bank Limited, FirstRand Bank Limited, Investec Bank Limited, Nedbank Limited, The Standard Bank of South Africa Limited and Public Investment Corporation Limited.
Investec Bank Limited Declares Preference Dividend for March 31, 2015, Payable on June 22, 2015; Reports Preliminary Consolidated Earnings Results for the Year Ended March 31, 2015
May 21 15
Investec Bank Limited announced that preference dividend number 24 has been declared for the period October 01, 2014 to March 31, 2015 amounting to 384.34536 cents per share payable to holders of the non-redeemable non-cumulative non-participating preference shares as recorded in the books of the company at the close of business on June 12, 2015. Payment date is June 22, 2015 and record date on June 12, 2015, shares commence trading ex-dividend 08 June 2015.
The company reported preliminary consolidated earnings results for the year ended March 31, 2015. For the period, the company reported interest income of ZAR 19,587 million compared with ZAR 17,063 million for the same period last year. Net interest income was ZAR 5,521 million compared with ZAR 4,916 million for the same period last year. Operating income was ZAR 8,491 million compared with ZAR 6,578 million for the same period last year. Profit before taxation was ZAR 3,673 million compared with ZAR 2,465 million for the same period last year. Profit after taxation was ZAR 3,128 million compared with ZAR 2,150 million for the same period last year. Earnings attributable to ordinary shareholders was ZAR 3,014 million compared with ZAR 2,042 million for the same period last year. Headline earnings attributable to ordinary shareholders was ZAR 3,014 million compared with ZAR 2,086 million for the same period last year. Net cash inflow from operating activities was ZAR 3,266 million compared with ZAR 7,417 million for the same period last year.
Investec Bank Limited Declares Interim Gross Dividend, Payable on April 20, 2015
Apr 9 15
The directors of The Bidvest Group Limited have declared an interim gross dividend of 426 cents per ordinary share payable on April 20, 2015 to ordinary shareholders, recorded in the books of the company at the close of business on April 17, 2015.
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