UBank
in South Africa 🇿🇦
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About UBank in South Africa
UBank Limited (formerly Teba Bank) is a South African bank operating in the microfinance sector, primarily targeting lower-income blue-collar workers with a particular focus on the mining sector. The bank operates over 100 branches across South Africa and serves approximately 4.7 million account holders. UBank was placed under curatorship in May 2022 and subsequently acquired by African Bank.
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