Tesven Cc And Another v South African Bank Of Athens
Below is a salient information about the Tesven Cc And Another v South African Bank Of Athens.
SYNOPSIS OF THE SOUTH AFRICAN BANK OF ATHENS
The South African Bank of Athens Limited is focused on delivering world class banking services to the South African market. A truly South African bank, it was established and has been operating in this country since 1947.
The bank’s offerings are focused in two major areas. Firstly, the delivery of a comprehensive business banking offering to its customers. This offering is focused on the cornerstones of business banking – lending, transactional banking, treasury and foreign exchange. These business banking solutions are delivered through a dedicated team of highly experienced relationship managers that support a culture of service excellence and professionalism.
In addition to its business banking focus, the Bank focuses on the development of market leading niche transactional banking offerings in partnership with a select group of businesses. These Alliance Banking offerings, aimed at the personal market, are individually branded to align to the business partner and market niche targeted. The Alliance Banking business currently includes the personal market offerings of Moovamoney (Edcon), Olympus Mobile, Tutuka, WIZZIT Digital and SureCard.
The Bank is a 99.79% subsidiary of National Bank of Greece S.A. (NBG), a major international banking and financial services provider listed on the New York and Athens Stock Exchanges. The parent company’s commitment to and close involvement with the Bank provides a solid foundation and contact with the financial centres of the world.
The Bank possesses principle clearing bank status, and is a fully authorised dealer in foreign exchange. It fully subscribes to and supports the Code of Banking Practice and the Financial Sector Charter. The Bank is an Authorised Financial Services Provider.