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August 31, 2015 2:53 AM ET


Company Overview of Development Bank of Southern Africa

Company Overview

Development Bank of Southern Africa, a development finance institution, provides various financial products and services to a range of public and private sector clients in South Africa and internationally. It operates through four segments: South Africa Financing, International Financing, Infrastructure Delivery Division, and Treasury. The company offers lending products and financial instruments, such as loans, equity investments, co-funding, grants, project preparation funds, Mezzanine finance, and limited and non-resource lending, as well as investment products, including equity funds, BEE financing of equities, and private funding. It also provides project management support for jobs fun...

Headway Hill

1258 Lever Road


South Africa

Founded in 1983

425 Employees


27 11 313 3911


27 11 313 3086

Key Executives for Development Bank of Southern Africa

Chief Executive Officer, Managing Director, Director, Member of Board Credit & Investment Committee and Member of Infrastructure Delivery & Knowledge Committee
Age: 46
Chief Financial Officer, Director and Member of Board Credit & Investment Committee
Age: 41
Chief Risk Officer
Age: 54
Group Corporate Secretary
Age: 43
Acting Group Executive of SA Financing
Age: 52
Compensation as of Fiscal Year 2015.

Development Bank of Southern Africa Key Developments

RDIF, IDFC, BTG Pactual, Silk Road and Development Bank of Southern Africa Sign on Agreement to Establish Joint Mechanism for Financing of Infrastructure Projects

Brazil, Russia, India, China, and South Africa (BRICS) have backed the initiative of the Russian Direct Investment Fund and agreed to establish a joint mechanism for financing of infrastructure projects. The relevant agreement was signed by RDIF, IDFC, BTG Pactual, Silk Road and Development Bank of Southern Africa during the BRICS summit in Ufa. The parties agreed to jointly look for and fund infrastructure projects that contribute to greater trade, economic and investment cooperation among BRICS states. The RDIF originally put forward its proposal to set up the infrastructure projects funding mechanism at the BRICS summit in Brazil in 2014.

Development Bank of Southern Africa Presents at The 5th Annual SuperReturn Africa 2014, Dec-02-2014

Development Bank of Southern Africa Presents at The 5th Annual SuperReturn Africa 2014, Dec-02-2014 . Venue: The Westin Cape Town, Convention Square, 8001 Cape Town, South Africa.

Development Bank of Southern Africa Announces Earnings Results for the Six Months Ended September 30, 2014

Development Bank of Southern Africa announced earnings results for the six months ended September 30, 2014. For the period, the company's net interest income was ZAR 1.12 billion compared with ZAR 0.91 billion a year ago. Profit for the period was ZAR 0.57 billion compared with ZAR 0.63 billion a year ago. Cash flows generated from operating activities was ZAR 0.98 billion compared with ZAR 1.0 billion a year ago.

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