| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1996 |
| Headquarters | Johannesburg,South Africa |
Key people | Hubert Brody,Chairman, René Van Wyk,Managing Director andChief Executive Officer |
| Products | Loans,Savings,Checking,Investments,Debit Cards,Credit Cards,Mortgages |
| Parent | Nedbank |
| Website | www |
Imperial Bank South Africa Limited, also referred to asImperial Bank South Africa (IBSA), but commonly known asImperial Bank, is acommercial bank in theRepublic of South Africa. It is licensed as a locally controlled financial institution by theReserve Bank of South Africa, the national banking regulator.[1]
The bank was established in 1996 byImperial Holdings Limited. In 2001, theNedbank Group acquired 50.1% controlling interest in the bank. Imperial Holdings retained 49.9% shareholding. In August 2009, the Nedbank Group acquired the 49.9% that it already did not own, thereby becoming the sole owner of the bank.[2][3]
As of November 2010[update], IBSA maintained headquarters at 24 Achter Road,Sandton,Rivonia,Johannesburg,South Africa. No other information is available about the branches of the bank.[4]
TheChairman of the ten (10) personBoard of Directors, isHubert Brody, a non-Executive Director. TheManaging Director andChief Executive Officer isRené Van Wyk.[5]