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Banking in South Africa is centred on the South African Reserve Bank (SARB), which is the monetary authority and controls gold and foreign exchange reserves. Legislation and regulatory authorities. Banks Act, 1990. Financial Sector Regulation Act, 2017. Prudential Authority within SARB.
Spot Money. Spot Money SA (Pty) Ltd. is a South African mobile banking platform. The company launched as Virgin Money South Africa in 2006, as a partnership between Virgin Group (owners of the Virgin Money brand) and Absa, as an issuer of credit cards. [1] The 50-50 joint venture was worth R240 million at the time of launch. [2]
The bank was founded in Republic of South Africa in 1965. It obtained a banking licence in 1989; and became a fully owned subsidiary of Mercantile Bank Holdings Limited, a bank holding company incorporated in January the same year. In 1995, the bank merged with Bank of Lisbon International (BLI) – a bank established in 1965.
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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 ...
RMB - Rand Merchant Bank. Grindrod Bank Limited. Imperial Bank South Africa. Investec Bank Limited. Ithala Bank. Mercantile Bank Limited. Nedbank Limited. Sasfin Bank Limited. Standard Bank of South Africa.
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Website. nymcu.org. Municipal Credit Union (MCU) is a state chartered credit union headquartered in New York City, regulated under the authority of the National Credit Union Administration (NCUA). MCU is metro New York's largest credit union. As of 2018, MCU had $2.68 billion in assets. [1] It has approximately 425,000 members and 18 branches.