MIT Sloan Africa Business Club - Investing in a new beginning.

Standard Bank

The Standard Bank Group is the largest in South African with total assets of US$182b and market capitalisation of US$22b as of 31 December 2009.

United Bank for Africa (UBA)

United Bank for Africa (UBA) is the leading financial service institution in West Africa with over 7.2 million customers and over US$11.3b in assets.

Ecobank

Ecobank is the leading full-service pan-African bank with operations in 30 African countries. Revenues (2009) were US$873m on total assets of US$9b.

EFG-Hermes is the premier investment bank in the Middle East and market leader in securities brokerage, asset management, investment banking, private equity, and research. Market capitlization (2008) was US$3.5b.

FirstRand

FirstRand is an integrated financial services group that provides products and services to the South African market and niche products in certain international markets. Assets under management (2009) was US$125b.

Nedbank

Nedbank is South Africa’s 4th largest banking group by assets, with a strong deposit franchise, the second largest retail deposit base, a client-centric wholesale and retail franchise. Earnings (2009) was R4.277b.