What is Investment Banks?
An investment bank is a financial services company that acts as an intermediary in large and complex financial transactions.
An investment bank is usually involved when a startup company prepares for its launch of an initial public offering (IPO) and when a corporation merges with a competitor.
Below Are The List Of Investment Banks In South Africa
A
Absa Bank Limited
Absa Capital Limited
African Alliance Limited
African Investment Advisory
B
BNP Paribas South Africa
Bridge Capital Group Limited
C
Circle Capital Group
Citibank South Africa
D
Deloitte & Touche Corporate Finance
E
Edward Nathan Sonnenbergs Inc.
F
FirstRand Bank Limited
I
IQUAD Group Limited
M
Mellenthin & Co.
Merchant West Holdings (Pty) Ltd
N
Nodus Group Holdings (Pty) Ltd
Novitas Capital Advisors Proprietary Limited
R
Rencap Securities (Pty) Limited
T
The Standard Bank of South Africa Limited.
Is investment banking a good career in South Africa?
Being an investment banker is one of the best-paying jobs available today, excellently.
How much do investment bankers make in South Africa?
The average investment banker salary in South Africa is R 294 000 per year or R 151 per hour. Entry-level positions start at R 271 500 per year, while most experienced workers make up to R 294 000 per year.
Which is the best bank to invest money in South Africa?
Standard Bank has the best fixed deposit rate for 2022, with a rate of 9.05%, followed by Capitec Bank and First National Bank, all with 9.00% rates, and African Bank, in fourth position, with an 8.80% interest for a 60-month Fixed Deposit Investment.
What degree do you need for investment banking?
A bachelor’s degree is the minimum educational qualification required to work as an investment banker. Entry-level analyst positions in the field are typically open to bachelor’s degree graduates, and it is possible to move on to a senior banker role without a master’s degree in many investment banks.
How long does it take to become an investment banker in South Africa?
The minimum entry requirements for this qualification are a Degree in a cognate discipline and at least 2 years work experience in finance or the banking sector.
This qualification consists of 6 modules at NQF Level 8 totalling 120 Credits: South African Banking and Investment Banking Environment, 6 Credits.