Investec Bank

Investec Bank

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Investec Bank

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Description:
Investec (, ) is an international specialist banking and asset management group. It provides a range of financial products and services to a select client base in three principal markets: the United Kingdom, South Africa and Australia. Investec is listed on the London Stock Exchange and the Johannesburg Stock Exchange. Investec is a FTSE 100 company.

Investec's South African headquarters are at 100 Grayston Drive Sandown, Sandton.

Investec's UK headquarters are at 2 Gresham Street in Central London.

History

Investec was founded as a small leasing and financing company in 1974 in Johannesburg by Larry Nestadt, Errol Grolman and Ian Kantor. It has expanded through a combination of organic growth and strategic acquisitions.

It secured a banking licence in 1980 and was first listed on the JSE Securities Exchange in South Africa in 1986, after merging with Metboard, a trust company. In 1988, Investec Bank Limited was restructured into Investec Group Limited ("IGL"), giving Investec Management and staff control of the company.

In 1990, Investec acquired property management company I. Kuper & Company (Pty) Limited, Corporate Merchant Bank Limited (formerly Hill Samuel Merchant Bank Limited) and trade finance company...
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