Citibank is the consumer division of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. Purpose The main purpose of exchange control is to: – Ensure the timely repatriation into the South African banking system of certain foreign currency acquired by residents of …
Read More »
China Construction Bank Corporation is one of the “big four” banks in the People’s Republic of China. In 2015 CCB was the 2nd largest bank in the world by market capitalization and 6th largest company in the world. The bank has approximately 13,629 domestic branches. Purpose China Construction Bank is the second largest commercial bank in China (source: The Almanac …
Read More »
An investment bank is a financial services company or corporate division that engages in advisory-based financial transactions on behalf of individuals, corporations, and governments. Africa’s “big five“ banks. It is a division of First Rand Limited, a large financial services conglomerate, which trades on the Johannesburg Securities Exchange, under the symbol: FSR. Purpose In essence, investment banks are a bridge between …
Read More »
BNP Paribas S.A. is a French international banking group. It is the world’s 8th largest bank by total assets, and currently operates with a presence in 72 countries. Purpose BNP Paribas is the largest French banking group and the largest bank in the Eurozone. It became one of the five largest banks in the world following the 2008 financial crisis. …
Read More »
Bank of China, as the oldest bank in China and the first Chinese bank to have a presence in South Africa, opened its Johannesburg Branch in early October 2000. The branch is located in Sandton, Johannesburg, the financial hub of South and Southern Africa. Purpose Bank of china purpose is to combine its years ‘rich experience as an international bank …
Read More »
The Bank of Baroda (BoB), which is embroiled in controversial banking transactions involving the embattled Gupta family, will no longer operate in South Africa, the country’s central bank said today. Purpose Over time, two Greek banks have been named the Bank of Athens. Both had their headquarters in Athens, Greece. Values Core Values Passionate Ownership Excellence Integrity Customer Centricity Courage …
Read More »
Mercantile Bank Limited is a South African commercial bank, founded in 1965. It was previously called Bank of Lisbon International. The bank is headquartered in Sandton, South Africa, and provides products and services in retail banking, corporate finance, asset management, equity brokerage and security Purpose Mercantile Bank Limited is a commercial bank headquartered in Dhaka, Bangladesh Values We are Curious, …
Read More »
Habib Bank AG Zurich is a Swiss multinational commercial bank which is based in Zurich, Switzerland. It has its operations in Canada, Hong Kong, Kenya, Pakistan, South Africa the United Arab Emirates and the United Kingdom. Purpose Habib Bank AG Zurich was founded on 25 August 1967 by the Habib family separate from their main banking business Habib Bank Limited …
Read More »
Al Baraka Bank is a multinational banking corporation and is based in Manama, Bahrain. It was formed in 2002 in Manama, Bahrain. The company is listed on the Bahrain Stock Exchange and NASDAQ,[5] the group offers retail, corporate and investment banking and treasury services in accordance with the principles of the Shari’a in 15 countries. Purpose Al Baraka Bank is …
Read More »
IMB is the longest standing building society in New South Wales and the third largest building society in Australia in terms of assets under management. IMB was established in 1880 as Illawarra Mutual Building Society and is headquartered in Wollongong, New South Wales. Purpose IMB is regulated by the Australian Prudential Regulation Authority, and is a member of COBA, an …
Read More »