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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 ...
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]
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 ...
public company and securities register — the official repository of publicly listed or unlisted companies whose at least one emission of securities was offered for the purpose of free trading to a number of persons exceeding certain threshold (varying according to jurisdiction), thus placing such a company under specific regulatory ...
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[5]: 13 It was only in 1975 when R1 million was raised and met Reserve Bank approval, that it was founded. [5] The original African Bank Limited, was established on 31 July 1975, and was a subsidiary of African Bank Investments Limited, then a bank-controlling company listed on the Johannesburg Stock Exchange. [6]
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 ...
The company operates under the oversight of the Payments Association of South Africa, the South African Reserve Bank, and other central banks within the African region. Notably, BankservAfrica introduced the groundbreaking SASWITCH brand in the 1980s, enabling remote ATM access across various institutions, regardless of network protocol.