Volkskas
| |
Division | |
Industry | Banking |
Successor | ABSA |
Founded | 1934 |
Defunct | 1992 |
Headquarters | Pretoria |
Area served | South Africa, South West Africa |
Key people | J.J. Bosman (Founder), Dr. Danie Cronjé (CEO) |
Products | Financial Services |
Total assets | ZAR 5 billion (1981) |
Volkskas Beperk (English: Peoples' Bank) was a South African bank founded in 1934 as a cooperative loan bank, becoming a commercial bank in 1941.[1] In 1991, by which time it had become South Africa's largest Afrikaner bank, Volkskas merged with United Building Society, Allied Building Society and Trust Bank to form Amalgamated Banks of South Africa.[2]
The bank issued banknotes for circulation in South West Africa between 1949 and 1959 from its Windhoek branch.
See also
References
- ↑ Patterson, Sheila (2004). The Last Trek: A Study of the Boer People and the Afrikaner Nation. Routledge. p. 165. ISBN 978-0-415-32999-6.
- ↑ Meldrum, Andrew (10 May 2005). "From apartheid to mass appeal". The Guardian. London. Retrieved 14 March 2010.
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