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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.
The company operates under the oversight of the Payments Association of South Africa, the South African Reserve Bank, and other central banks within the African region. Notably, BankservAfrica introduced the groundbreaking SASWITCH brand in the 1980s, enabling remote ATM access across various institutions, regardless of network protocol.
Nomfundo Tshazibana (born c. 1977), commonly known as Fundi Tshazibana, is a South African economist, who serves Deputy Governor of the South African Reserve Bank from 10 July 2019. Immediately prior to her appointment to that position, she served as an adviser to the Governor of the bank, since 10 February 2018. [1]
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
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Reserve Bank of Malawi Mauritania: Mauritanian ouguiya: Central Bank of Mauritania Mauritius: Mauritian rupee: Bank of Mauritius Morocco: Moroccan dirham: Bank Al-Maghrib Mozambique: Mozambican metical: Bank of Mozambique Namibia: Namibian dollar: Bank of Namibia: ZAR at par Nigeria: Nigerian naira: Central Bank of Nigeria Rwanda: Rwandan franc ...
This is a list of commercial banks and other credit institutions in South Africa, as updated late 2024 by the Reserve Bank of South Africa. [1] [2]
South African Reserve Bank [90] Locally controlled banks. African Bank Limited; Bidvest Bank; Capitec Bank; First National Bank (South Africa) FirstRand Bank;