JOHANNESBURG – Early in September 2002, the Registrar of Banks placed the management responsibilities of this once proud bank (Saambou Bank) in the hands of a curator. Sounds familiar not so? The Minister of Finance “Trevor Manuel”, upon the recommendation of the Registrar of Banks has placed the VBS Mutual Bank under curatorship with effect..
Continue reading…
VBS and Saambou Bank: More in common than having collapsed
Posted on Leave a comment
