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Imperial Bank South Africa, the Glossary

Index Imperial Bank South Africa

Imperial Bank South Africa Limited, also referred to as Imperial Bank South Africa (IBSA), but commonly known as Imperial Bank, is a commercial bank in the Republic of South Africa.[1]

Table of Contents

  1. 22 relations: Banking in South Africa, Board of directors, Chair (officer), Cheque, Chief executive officer, Commercial bank, Credit card, Debit card, Economy of South Africa, Financial services, Investment, Johannesburg, List of banks in South Africa, Loan, Mortgage, Nedbank, Privately held company, Rivonia, Sandton, South Africa, South African Reserve Bank, Wealth.

  2. Banks of South Africa
  3. Companies based in Sandton
  4. Financial services companies of South Africa

Banking in South Africa

Banking in South Africa is centred on the South African Reserve Bank (SARB), which is the monetary authority and controls gold and foreign exchange reserves.

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Board of directors

A board of directors is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency.

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Chair (officer)

The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly.

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Cheque

A cheque (British English) or check (American English); is a document that orders a bank, building society (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.

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Chief executive officer

A chief executive officer (CEO) (chief executive (CE), or managing director (MD) in the UK) is the highest officer charged with the management of an organization especially a company or nonprofit institution.

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Commercial bank

A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit.

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Credit card

A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit.

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Debit card

A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases.

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Economy of South Africa

The economy of South Africa is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa.

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Financial services

Financial services are economic services tied to finance provided by financial institutions.

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Investment

Investment is traditionally defined as the "commitment of resources to achieve later benefits".

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Johannesburg

Johannesburg (Zulu and Xhosa: eGoli) (colloquially known as Jozi, Joburg, Jo'burg or "The City of Gold") is the most populous city in South Africa with 4,803,262 people, and is classified as a megacity; it is one of the 100 largest urban areas in the world.

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List of banks in South Africa

This is a list of commercial banks in South Africa. Imperial Bank South Africa and list of banks in South Africa are banks of South Africa.

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Loan

In finance, a loan is the transfer of money by one party to another with an agreement to pay it back.

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Mortgage

A mortgage loan or simply mortgage, in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

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Nedbank

Nedbank Group is a financial services group in South Africa offering wholesale and retail banking services as well as insurance, asset management, and wealth management. Imperial Bank South Africa and Nedbank are banks of South Africa.

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Privately held company

A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets.

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Rivonia

Rivonia is a suburb of Johannesburg, South Africa in the Sandton area.

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Sandton

Sandton is a financial, commercial and residential area, located in the northern part of the City of Johannesburg Metropolitan Municipality.

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South Africa

South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa.

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South African Reserve Bank

The South African Reserve Bank (SARB) is the central bank of South Africa. Imperial Bank South Africa and South African Reserve Bank are banks of South Africa.

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Wealth

Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions.

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See also

Banks of South Africa

Companies based in Sandton

Financial services companies of South Africa

References

[1] https://en.wikipedia.org/wiki/Imperial_Bank_South_Africa