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SARB less confident of VBS Mutual bank's future

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The South African Reserve Bank is less confident about saving VBS Mutual Bank which was placed under curatorship in March. The Sarb and Treasury has guaranteed more than R300 million in retail deposits at VBS, municipalities however will not get their money back. Kuben Naidoo, Deputy Governor of the Reserve Bank joined us on the line to discuss the turnaround in sentiment regarding VBS' future.
10 Jul 2018 12PM English South Africa Business · Business News

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