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FirstRand Bank - A subsidiary of First Rand Limited. FMB - Rand Merchant Bank. Grindrod Bank Limited. Imperial Bank South Africa. Investec Bank Limited. Ithala Bank. Mercantile Bank Limited - (Close down the brand and Capitec Bank taken over) Nedbank Limited. Old Mutual Bank Limited.
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 ...
Liquidated after bankruptcy. Headquarters. South Africa. Area served. South Africa. Products. Banking services. Saambou Bank was a South African bank that was founded in 1942 and was liquidated in 2006. [1] At the time it went into receivership, Saambou Bank was the sixth-largest bank in the country.
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20Twenty (bank) 20Twenty was an online South African retail bank that specialised in no frills digital banking. It focused on offering low transaction costs with low interest rates on loans whilst offering higher interest rates on savings. By the time of its closure in 2006 it had an estimated client base of 20,000 [ 2] to 40,000 account ...
Armed with low-cost operating models, three South African digital banks are betting on aggressive pricing and data analytics to attract tech-savvy, price-conscious consumers when they launch next ...
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Pages in category "Defunct banks of South Africa" The following 3 pages are in this category, out of 3 total. This list may not reflect recent changes. A.