JOHANNESBURG - The future of Ithala Bank remains uncertain, as a tug of war over its license continues. The bank is facing an ...

While mutual banks are very small in the banking sector, with total assets of less than R4.2 billion, the impaired loans as a percentage of total advances sit at 12.8%.

Ithala Bank's future hangs in the balance as KZN Premier Thami Ntuli questions the ANC's claims of a successful intervention by Finance Minister Enoch Godongwana.

The African National Congress (ANC) Provincial Task Team in KwaZulu-Natal says saving Ithala Bank was a top priority following their appointment in February this year. ANC Coordinator Mike Mabuyakhulu ...

The convener of the African National Congress in KwaZulu-Natal, Jeff Radebe, says the embattled Ithala Bank will no longer be liquidated.

The SA Reserve Bank’s Prudential Authority has applied for the liquidation of the troubled state-owned entity, Ithala Bank. However, Finance Minister Enoch Godongwana has agreed to intervene in an ...

Ithala Bank's headquarters in Durban. Image: Ithala website Over the past few months, backers and detractors of Ithala Bank have been ventilating on the existential crisis facing the bank.

Ithala Bank matter to be heard in the Durban division of the KZN High Court next month June 17, 2025 Mbuso Kunene 1 minute read Finance MEC Francois Rodgers ...

THOUSANDS of Ithala Bank clients are breathing a sigh of financial relief following the decision by the Pietermaritzburg High Court's Friday ruling, which set aside the Prudential Authority’s ...

DURBAN - The Pietermaritzburg High Court has ruled that Ithala Bank should be allowed to resume its core business. The bank's repayment administrator, Johannes Kruger, had initially filed an ...