Investec Bank

Investec Bank

Investec is an international specialist banking and asset management group. It provides a range of financial products and services to a client base in three principal markets: the UK and Europe, Southern Africa, and Asia-Pacific

HISTORY

Investec was founded as a small leasing and financing company in 1974 in Johannesburg, South Africa 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 Reichmans Limited. Investec entered the UK market in 1992, by acquiring London-based Allied Trust Bank Limited (‘ATB’), this was the first international acquisition by the Group. In 1998, Investec acquired Guinness Mahon, a leading London based merchant bank, and Henderson Crosthwaite, its stockbroking arm, for £95m. It also bought Hambros plc, another London based merchant bank the same year. It was first listed on the London Stock Exchange in 2002. In 2003 in a Black Economic Empowerment transaction empowerment partners acquired a 21.5% stake in the South Africa-listed Investec.



Investec Loyal about to win the 2011 Sydney to Hobart, taken from Sandy Bay, Hobart, Tasmania, Australia

In 2005, Investec sold its UK Private Client Stockbroking operation, Carr Sheppards Crosthwaite Limited to Rensburg plc. Investec retains a 47.7% interest in the combined entity, Rensburg Sheppards plc. In 2007, Investec plc acquired Kensington Group plc and Experien (Pty) Ltd.

Investec plc acquired the remaining shares in Rensburg Sheppards plc in 2010. This business has since been rebranded as Investec Wealth & Investments and incorporates other wealth activities previously operated through the Bank.

In June 2012, Investec plc completed the €32 million acquisition of Irish brokerage firm, NCB. As a result, Investec now employs more than 240 specialists in Ireland.

In September 2017 Investec acquired industrial property in Hallam, Melbourne for $22 million

How do I report fraud on my account?

Urgent contact numbers

If you need to report a card that is lost or stolen or if you suspect fraud on your card or account, please call the following numbers:

SA: 0860 110 161 (outside of SA +27 011 286 9663)

UK: 0330 123 1966 (outside the UK +44 20 7597 4044)
 
Are you a UK Private bank client needing support?
Please see our Emergency Help page.

Contact us

Use this page to locate one of Investec’s offices.

South Africa

Johannesburg

100 Grayston Drive, Sandown, Sandton, 2196, South Africa

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