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Company Overview of Development Bank of Southern Africa
Development Bank of Southern Africa, a development finance institution, provides financing, project preparation, and implementation support services for economic and social infrastructure in South Africa and the rest of Africa. It operates through four segments: South Africa Financing, International Financing, Infrastructure Delivery, and Treasury. The company provides infrastructure funding services, such as loans, equity investments, co-funding, grants, and development outlay products; and investment products, including equity funds, BEE financing of equities, and private funding, as well as offers project preparation funds, mezzanine finance, and limited and non-resource lending services....
1258 Lever Road
Founded in 1983
Key Executives for Development Bank of Southern Africa
Chief Executive Officer, Managing Director, Executive Director and Chairman of Executive Management Committee
Group Chief Financial Officer, Executive Director and Chairman of Finance & Treasury Committee
Chief Risk Officer and Chairman of Investment Committee
Group Corporate Secretary
Acting Group Executive of South Africa Financing
Compensation as of Fiscal Year 2015.
Development Bank of Southern Africa Key Developments
Development Bank of Southern Africa Announces Earnings Results for the Six Months Ended September 30, 2015
Nov 26 15
Development Bank of Southern Africa announced earnings results for the six months ended September 30, 2015. For the period, the company's net interest income was ZAR 1,406,102,000 compared with ZAR 1,118,596,000 a year ago. Profit for the period was ZAR 1,429,645,000 compared with ZAR 572,083,000 a year ago. Cash flows generated from operating activities was ZAR 1,178,393,000 compared with ZAR 979,771,000 a year ago.
Development Bank of Southern Africa Reports Audited Earnings Results for the Year Ended March 31, 2015
Sep 18 15
Development Bank of Southern Africa reported audited earnings results for the year ended March 31, 2015. For the period, the company posted interest income of ZAR 5,327,312,000 against ZAR 4,576,209,000 a year ago. Net interest income was ZAR 2,324,383,000 against ZAR 2,088,450,000 a year ago. Operating income was ZAR 2,887,123,000 against ZAR 2,317,603,000 a year ago. Profit from operations was ZAR 1,217,055,000 against ZAR 802,465,000 a year ago. Profit for the year was ZAR 1,214,141,000 against ZAR 787,042,000 a year ago. Cash flows generated from operating activities was ZAR 2,660,756,000 against ZAR 1,955,167,000 a year ago.
Development Bank of Southern Africa to Report Fiscal Year 2015 Results on Sep 18, 2015
Sep 15 15
Development Bank of Southern Africa announced that they will report fiscal year 2015 results on Sep 18, 2015
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