Ubank
NUM questions decision to place Ubank under curatorship
Reserve Bank Governor Lesetja Kganyago made the announcement on Monday, saying there were concerns on the financial safety of clients.
The governor announced on Monday that Ubank had been placed under curatorship.
Ubank is a financial services provider and has been focusing on the gold and platinum mining communities.
They are Standard Bank South Africa, Grobank, Ubank, Bank of China Johannesburg branch and HBZ Bank.