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VBS Mutual Bank was a South African mutual bank. In 2018 it was declared insolvent and bankrupt and placed under curatorship, with South African citizens and taxpayers defrauded out of roughly R 2 billion. It was formed as Venda Building Society in 1982, and became a mutual bank in 1992. [2] By 2016 the bank reportedly had around 30,000 ...
ZAR:28.695 billion (USD:1.583 billion) (2022) [2] Number of employees. 3,886 (2019) [1] African Bank Limited, is a retail bank in South Africa, that offers financial products and services. The Bank is licensed as a "locally controlled bank" by the South African Reserve Bank (SARB). [3] Headquartered in Midrand, South Africa, the bank has a ...
Absa Group in Johannesburg, South Africa, 2018. Finweek Bank Charges Reports from 2008 through 2010 [18] found Barclays Africa Group Holdings Limited to be the most expensive bank in South Africa. [19] [20] [21] Pay-as-you-transact (PAYT) fees increased 82 percent from 2005 to 2010. [20]
US$93 billion (ZAR:1217.7 billion) (2017) [1] Number of employees. 44,916 (2017) Website. www.firstrand.co.za. FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South ...
Volkskas Beperk (English: Peoples' Bank) was a South African bank founded in 1934 as a cooperative loan bank, becoming a commercial bank in 1941. [1] In 1991, by which time it had become South Africa's largest Afrikaner bank, Volkskas merged with United Building Society, Allied Building Society and Trust Bank to form Amalgamated Banks of South Africa.
Absa Bank Limited is one of the largest commercial banks in South Africa. As of 31 December 2018, the bank's total assets were ZAR:1,289,000,000,000 (US$73,691,500,000). [2] Absa Bank Limited is a 100 percent subsidiary of Absa Group Limited, the Pan African financial services conglomerate headquartered in South Africa, with subsidiaries in 12 ...
This is a list of investment banks and stockbrokerage firms in Kenya: [ 54 ] ABC Bank (Kenya) African Alliance Kenya Investment Bank. Afrika Investment Bank. ApexAfrica Capital. Chase Bank (Kenya) Commercial Bank of Africa. Cooperative Bank of Kenya.
Discovery Insure – Sandton, South Africa – 100% Shareholding – Offering motor vehicle, household and other short-term risk insurance in South Africa. VitalityHealth – London , United Kingdom – 100% Shareholding – Offering personal medical insurance products in the United Kingdom. 25% of the venture was previously held by Prudential ...
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