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The South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought.
Pages in category "Governors of the South African Reserve Bank" The following 10 pages are in this category, out of 10 total. This list may not reflect recent changes .
Lesetja Kganyago (born 7 October 1965) is a South African economist and central banker. He is the Governor of the South African Reserve Bank (SARB). [1] He was appointed to that post on 6 October 2014, by Jacob Zuma, the former President of the Republic of South Africa (RSA). [2]
The FirstRand Group was established in 1998, by the merger of First National Bank of South Africa, Rand Merchant Bank and Momentum Insurance & Asset Management. FirstRand is listed as a "locally controlled bank" by the South African Reserve Bank, the national banking regulator. [8]
Banking in South Africa is centred on the South African Reserve Bank (SARB), which is the monetary authority and controls gold and foreign exchange reserves. [ 1 ] Legislation and regulatory authorities
Reserve Bank of Malawi: 1964 Malaysia: Malaysian ringgit: Central Bank of Malaysia: Bank Negara Malaysia: 1959 Maldives: Maldivian rufiyaa: Maldives Monetary Authority: 1981 Mali: West African CFA franc: Central Bank of West African States: Banque Centrale des États de l'Afrique de l'Ouest: 1959 Malta: Euro: European Central Bank (Central Bank ...
The FirstRand group's history traces back to the 1970s as an investment bank.The group as currently was established on 1 April 1998, through a merger of the financial services interests of Anglo American Corporation of South Africa Limited (now Anglo American plc) and RMB Holdings (RMBH) in order to achieve the objective of a unified financial services grouping.
Upon joining the South African Reserve Bank, he resigned all of his elected and appointed positions in the ANC. [citation needed] Mboweni joined the South African Reserve Bank in July 1998 as the first black Advisor to the Governor. [7] On 8 August 1999, he succeeded Chris Stals as Governor of the Reserve Bank. As governor, he oversaw the ...