Consumer/retail bank VEMACITY announced plans to list on the Mount Vema Stock Exchange

VEMACITY Bank, the Mount Vema retail bank that aims to be one of the leading consumer banks of the Kingdom of Mount Vema announced on Tuesday that it plans to list on the Gollexi (The Mount Vema Stock Exchange) either this year or early next year.
 
VEMACITY plays an important role in the Mount Vema financial system. It provides transactional bank accounts, savings account, and other banking services that includes debit cards, credit cards, traveler's cheques, mortgages, personal loans, certificates of deposit/term deposits, and individual retirement accounts to customers.
 
In the Mount Vema banking sector, VEMACITY Bank is a growing consumer bank. Although only licenced to provide retail banking services, and not considered as large as the RBMV Bank which license includes Commercial, private, retail and wealth management, it is however a major competitor.
 
What makes VEMACITY Bank a big player, is the fact that unlike RBMV Bank which charges a one-off account set up fee to new customers and it is open to customers worldwide, VEMACITY Bank does not charge new customers to open a bank account, customers only need to prove to be an employee of a legal entity of Mount Vema which makes it more attractive to those just joining the Mount Vema jobs market.