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Habib Overseas Bank placed into final liquidation news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.
amaBhungane | A scramble for the broke and broken Habib bank news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.
Habib Bank to be liquidated, says Reserve Bank news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.
The curator of Habib Overseas Bank has said that some 70% of the bank's eligible depositors will be able to withdraw all their funds under a payment scheme announced this week.
Consumers who had up to R100,000 deposited with the Habib Overseas Bank that was placed under curatorship in late March will have their money repaid from Monday, 12 June.
‘In short, from Aprill 2024, if there are bank failures then up to R100 000 of your deposit in a particular bank is covered’: Reserve Bank Deputy Governor Kuben Naidoo.