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VBS Mutual Bank is a South African mutual bank. It was formed as Venda Building Society in , and became a mutual bank in . By the bank .Dear VBS customer. VBS is still under curatorship for the safety of depositors. As per the South African Reserve Bank SARB press conference held on July .About VBS Mutual Bank. Profile. A wholly black owned specialist corporate finance and retail bank. Registered with and regulated by the SARB, under banking .Company profile key executives for VBS Mutual Bank D Johannesburg including description, corporate address, management team and contact .VBS Mutual Bank, one of South Africa s smallest lenders, has been put into administration after it was unable to repay money owed to .The office of the ANC s secretary general has referred the report on alleged R.bn fraudulent activity at VBS Mutual Bank to its Integrity Commission, the .The Economic Freedom Fighters Julius Malema is briefing the media on the allegations that it benefitted from the looting of VBS Mutual Bank. about hours .The EFF held a press conference at their party headquarters in Johannesburg to address, among other things, claims that Floyd Shivambu and .

VBS is still under curatorship for the safety of depositors. As per the South African Reserve Bank SARB press conference held on , all transactional retail depositors, which include individuals, stokvels and burial societies who currently have up to R deposited in VBS Mutual Bank, will have their funds transferred to Nedbank..About VBS Mutual Bank. Profile A wholly black owned specialist corporate finance and retail bank. Registered with and regulated by the SARB, under banking license number , governed by the Mutual Bank’s Act, . .VBS Mutual Bank is a South African mutual bank. It was formed as Venda Building Society in , and became a mutual bank in . By the bank reportedly had around , depositors with all deposits in the bank totalling R million. In the bank .Days ago VBS Mutual Bank investigation recommends more than arrests, concludes bank can’t be saved The layers of corruption at VBS have been lifted by Advocate Terry Motau..JOHANNESBURG The South African Reserce Bank Sarb yesterday laid bare the rot the curator found at the embattled VBS Mutual Bank, charging that the lender manipulated its own financial information.. VBS Mutual Bank investigators report to the Prudential Authority. The South African Reserve Bank SARB received the forensic investigation report into the affairs of VBS Mutual Bank VBS.The directors of VBS Mutual Bank and its majority owner, Vele Investments, stole more than R.bn from the bank’s depositors, claims the affidavit. It accompanied an urgent application to liquidate Vele, which was filed on Friday. Applications to sequestrate the bank’s executives will follow shortly..

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