The GBS Mutual Bank, established in 1877, is one of the oldest banking
institutions in South Africa. The head office is situated in Grahamstown with
an established branch office in Cape Town. The Bank is also represented by
agencies in several cities and towns elsewhere in South Africa, predominately
in the Eastern Cape.
The Bank offers very competitive rates on its investment products, while the expansion of its assets is maintained through the provision of mortgage finance (both small commercial and residential) and asset based finance.
The Bank accepts its social responsibilities by being a regular and proactive contributor to projects designed to improve the quality of life of people in our city and its surrounding areas. As a founding member of the Rhodes University Commerce Foundation Program, the Bank assists deserving candidates from Grahamstown disadvantaged areas with their studies. The Bank also assists small to medium enterprises (SME's) startups through its involvement with the Rhodes University Center of Entrepreneurship.
Quote from the Chairman:
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