EntBanc Financial Services is a financial cooperative for all professionals, workers and stakeholders within the Small and Medium sized Enterprises (“SME”) who combine their financial resources via a co-operative financial institution (industries and subsequently a co-operative bank, subject to regulatory approvals) to the sole benefit of those professionals, workers and stakeholders in the SME sector as defined by The National Small Business Amendment Act (26 of 2003).
A financial co-operative is a community of your peers, managed and staffed by financial services professionals. Policy decisions are made by fellow members of your profession elected by you to serve on the Board of Directors.
Our vision is to provide affordable banking services to match the needs of its small business entrepreneurial and employee members.
To promote and advance the social and economic welfare for all small business entrepreneurs and their employees enhancing access to banking and financial services.
To encourage the culture of savings and to empower members by accessing loans for business enterprise and personal goals.
ENTBANC FINANCIAL SERVICES
Promote the economic welfare of members;
To receive funds by the issue of shares and acceptance of deposits from members;
Encourage savings by providing a means whereby such savings and shares may receive a reasonable rate of interest;
To make loans to members for productive and provident purposes;
To develop a sense of self-reliance in its members;
Educate members in money management and control also promote understanding of the economic framework within which cooperatives operate;
Promote interest in community development and develop a sense of honesty and responsibility within members.
WE EXIST FOR OUR MEMBERS
The core purpose of the EntBanc Financial Services is to achieve financial benefits to members relative to their contributions to the Financial Cooperative with the aim of creating better wealth, financial literacy and savings culture amongst entrepreneurs and their workers.
ABOUT OUR LOGO
This is a financial organisation specifically for the SME entrepreneur and their employees to help build their wealth. It is an entity rooted in creativity, but trusted to deliver financial services in meaningful way to the SME stakeholders.