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IN BRIEF: Investec gets nod to provide financial help to banking arm

13th Sep 2021 11:25

Investec PLC and Ltd - the financial services firm with operations in South Africa and the UK - Says its South African arm, Investec Ltd, has been granted the general authority by its board of directors to provide direct or indirect financial assistance to its wholly-owned subsidiary, Investec Bank Ltd, in the form of collateral security.

Current UK stock price: 285.00 pence

Year-to-date change: up 52%

Current SA stock price: ZAR56.36

Year-to-date change: up 54%

By Greg Roxburgh; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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