Is Ithala Bank Black Owned?
The no-frills, non-banking FinTech was founded by the Black Space Group, which is led by tech and property businessman, Nkonzo Mbetha, together with musician and social entrepreneur, Zakhele Madida (popularly known as Zakes Bantwini).
Which bank does ithala fall under?
the state bank of South Africa
Financial Services Ithala has announced that it is ready to be named the state bank of South Africa.
What does ithala bank do?
We offer financial and supportive services within a diverse range of key product groupings; which encompass the complete business sector spectrum, inclusive of service industries, manufacturing, trade, retail and tourism and hospitality.
Does Ithala Bank give loans?
Ithala offers clients a high degree of flexibility with regard to funding terms. We provide for short-, medium- and long-term loans.
Is Ithala Bank part of Absa?
Branch Code 754126 754126 is an Branch Code of ABSA – ITHALA.
Who owns Africa Bank?
Shareholding
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | South African Reserve Bank (SARB) | 50.00 |
| 2 | Government Employees Pension Fund (GEPF) | 25.00 |
| 3 | FirstRand Bank Limited | 7.00 |
| 4 | Standard Bank of South Africa Limited | 6.00 |
Who is the CEO of Ithala Bank?
Dr Thulani Vilakazi
Dr Thulani Vilakazi is the Chief Executive Officer of Ithala SOC Ltd ,the banking and financial services arm of Ithala Development Finance Corporation (IDFC).
How do you get funding on ithala?
Ithala’s finance application requirements vary according to the product(s) required….Application Requirements
- A completed and signed Ithala Loan Application form, which may be accessed on our website, or through our Business Finance consultants;
- Company documents (founding statement or memo and articles of association)
How can I apply for Ithala loan?
As you already know, Ithala Bank does not provide an online application like other banks do. To request their loans you will have to either pay them a visit to one of their branches or call them on 031 907 8911.
How can I check my ithala account balance?
Using Ithala’s Mobile Banking is convenient & helps you to be in control of your finances. You can monitor your balances, pay beneficiaries, buy airtime & make inter-account transfers. Dial *130*459 # and make your banking worry-free.
Is ithala a bank?
Overview. Ithala SOC Limited, a licensed financial services and registered credit provider, is a 100% owned subsidiary of Ithala Development Finance Corporation Limited, and is listed as a public entity in terms of Schedule 3 of the PFMA.
Is African bank listed on the JSE?
Funding overview The bonds are listed on the Johannesburg Stock Exchange (JSE). Bonds raised under the Bank’s Euro Medium Term Note Programme (EMTN).
