What Is the South African Reserve Bank?
The South African Reserve Bank (SARB), the South Central Bank, was founded in 1920. It is a limited stock bank. Except for the appointment of the president and deputy governor by the government, it enjoys great independent decision-making power. Headquartered in Pretoria.
South African Reserve Bank
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- Chinese name
- South African Reserve Bank
- Foreign name
- The South African Reserve Bank, SARB
- Established
- 1920
- Nature
- Limited liability bank
- Official website
- http://www.resbank.co.za/
- The South African Reserve Bank (SARB), the South Central Bank, was founded in 1920. It is a limited stock bank. Except for the appointment of the president and deputy governor by the government, it enjoys great independent decision-making power. Headquartered in Pretoria.
- South African Reserve Bank (SARB)-Central Bank of South Africa
- As the central bank, the South African Reserve Bank coordinates and manages other South African financial institutions. The main banks are commercial banks, general banks, merchant banks, discount banks and mutual aid houses, as well as informal banks such as the South African Land and Agricultural Bank, the South African Postal Savings Bank and the Southern African Development Bank.