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Currently there are 696 shareholders, as of the shareholders index report of 31 August 2018, owning shares in the South African Reserve Bank. Shareholders are entitled a dividend of not more than 10 South African cents per share per annum (the total maximum dividend is therefore 200,000 South African Rand or a maximum of 1,000 South African ...
This is a list of commercial banks and other credit institutions in South Africa, as updated late 2024 by the Reserve Bank of South Africa. [1] [2]
The SARB announced a restructuring proposal, which received support from a consortium of six South African banks and the Public Investment Corporation. [ 5 ] : 16 A new banking group, African Bank Holdings Limited was created to assume the viable assets and some of the liabilities of the old bank.
It is a subsidiary of British Standard Chartered and is registered as a Foreign Bank, by the South African Reserve Bank. [1] The bank is a large financial services provider. As of December 2014, its total assets were valued at ZAR:32,239,234,000. At that time, the shareholders' equity was ZAR:3,765,873,000. [2]
FirstRand is listed as a "locally controlled bank" by the South African Reserve Bank, the national banking regulator. [8] As of May 2012, the group had total assets valued at US$90.3+ billion (ZAR:698 billion) (2011) [9] with subsidiaries in seven sub-Saharan countries and in Australia and India. Expansion plans in another six African countries ...
List of other large South African public entities (Schedule 3) and companies in which the state is a shareholder. FY2019/2020 Data. Name Industry Notes Employees Revenue Profit/(Loss) Ownership type Established Council for Scientific and Industrial Research: Research & Development: National research organisation 3,000 R2.5bn R0.007bn Fully ...
The FirstRand group's history traces back to the 1970s as an investment bank.The group as currently was established on 1 April 1998, through a merger of the financial services interests of Anglo American Corporation of South Africa Limited (now Anglo American plc) and RMB Holdings (RMBH) in order to achieve the objective of a unified financial services grouping.
GRDB is a large financial services provider in South Africa, based on assets.It currently employs ninety six(96) people as of 2011. The bank's total asset base was in excess of US$550 million (ZAR:3.7 billion), with shareholders' equity in excess of US$37 million (ZAR:250 million).