Finanzgruppe Sparkassenstiftung

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Customers of Teba Bank moving into their own four walls in Johannesburg Photo: Teba Bank/Sparkassenstiftung

South Africa

Strengthening of Teba Bank Ltd.


   
Country
South Africa
Customers of Teba Bank moving into their own four walls in Johannesburg Photo: Teba Bank/Sparkassenstiftung
Customers of Teba Bank moving into their own four walls in Johannesburg Photo: Teba Bank/Sparkassenstiftung
 
Beneficiary
Teba Bank Ltd., Mitrand
 
Origin of funding
German Federal Ministry for Economic Cooperation and Development (BMZ)
 
Dates (start/end)

2003 – 2007
1 international long term expert, 
11 short-term experts


   

Project description

The purpose of SBFIC’s project activities with Teba Bank was to help the bank harness new markets. The key target groups are small and middle-income earners along with small companies in mining towns with no or only limited access to the formal banking sector. The focus of co-operation was on support for internal structures (in particular human resource management and information technology, cost accounting and management information systems), product development and on enhancing co-operation with the bank’s external partners.

 

Services provided

  • Support of internal structures
  • Human resource management
  • Information technology
  • Cost accounting
  • Management information systems
  • Product development

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