Company type | Division |
---|---|
Industry | Banking |
Founded | 1934 |
Defunct | 1992 |
Successor | ABSA |
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.[3]