This initiative includes a R500-million ($26.4 million) invoice financing facility and a R100-million ($5.3 million) working capital facility.
South African banker
-
-
With Tshabalala at the helm, Standard Bank continues to achieve significant milestones, connecting African markets with global economies while delivering strong returns …
-
While some banking executives are weathering the storm, Pullinger has seen millions of dollars shaved off his holdings.
- Hot News
Under South African business leader Sim Tshabalala, Standard Bank delivers $2.3-billion headline earnings
Under Tshabalala, the bank continues to reach significant milestones.
-
Given Quinn’s performance at Absa Group, he emerged as the ideal candidate to succeed Mike Brown at Nedbank Group.
-
Quinn joins Nedbank from Absa Group, where he served as the financial director of both Absa Group and Absa Bank.
-
Bosman, a veteran in the banking industry, boasts decades of experience in South Africa’s financial services sector.
-
Munro’s 2022 compensation package includes a base salary of $0.5 million and a performance-based short-term incentive of $0.49 million.
-
Fourie, the retail bank’s CEO, owns a 0.89-percent stake in Capitec Bank, or 1,027,673 ordinary shares.
-
Pullinger, a leading business executive in South Africa holds a minority stake of approximately 0.1 percent in FirstRand.