Ithala SOC Limited
Financial Services • 
Durban, KwaZulu-Natal, South Africa • 201-500 Employees
Company overview
| Headquarters | 303 Dr Pixley KaSeme (West) Street, 15th Floor, Durban , KwaZulu-Natal 4001, ZA |
| Phone number | +27801331130 |
| Websites | |
| NAICS | 52 |
| Keywords | Banking, Insurance, Financial |
| Founded | 2001 |
| Employees | 201-500 |
| Socials |
Key Contacts at Ithala SOC Limited
Ithala SOC Limited Email Formats
Ithala SOC Limited uses 5 email formats. The most common is {first initial}{last name} (e.g., jdoe@ithala.co.za), used 52.7% of the time.
| Format | Example | Percentage |
|---|---|---|
{first initial}{last name} | jdoe@ithala.co.za | 61.5% |
{first name}{last name} | johndoe@ithala.co.za | 28.6% |
{last name}{last name} | doedoe@ithala.co.za | 6.6% |
About Ithala SOC Limited
Ithala SOC Limited is licenced financial services and registered credit provider. It is a 100% owned subsidiary of Ithala Development Finance Corporation Limited and is listed as a public entity in terms of Schedule 3 of the PFMA. In line with a recommendation from the South African Reserve Bank, Ithala SOC Limited was divided from Ithala Development Finance Corporation Limited in 2001 and has been operating under an exemption from the Banks Act 94 of 1990 (‘Banks Act’). The current exemption status is a temporary mechanism to enable Ithala to apply for and comply with the bank licence requirements in terms of the Banks Act. Our purpose is to provide financial services to the people of KwaZulu-Natal, currently contributing to the province’s socio-economic development. Our physical footprint spans the entire province of KwaZulu-Natal and, in some rural areas, we still remain the only financial institution with a physical presence. Our mandate is to provide access to financial products and services in areas where such offerings have previously been unavailable.
Ithala SOC Limited revenue & valuation
| Annual revenue | $38,600,000 |
| Revenue per employee | $86,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Financial Services industry and current estimated revenues | $123,500,000 |
| Total funding | No funding |
Employees by Management Level
Total employees: 201-500
Seniority
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Employees by Department
Ithala SOC Limited has 156 employees across 14 departments.
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Number of employees
Funding Data
Ithala SOC Limited has never raised funding before.
Ithala SOC Limited Tech Stack
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