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South African Reserve Bank
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African Bank |
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African Bank |
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African Bank is
one of largest commercial bank in South Africa and one of the largest
regional banks in
Africa. As a locally controlled bank
in South Africa, African Bank may provide the full range of commercial
banking business approved under the Banks Act. African Bank provide a wide range of
corporate banking and treasury management services in South Africa and across
Africa including: short-term borrowing, trade finance, short term investing,
treasury management, and foreign exchange solutions.
An established history has
also enabled the Bank to maintain a mature and diversified portfolio of
clients which includes local, Africa and multinational corporations as well
as local institutions and government agencies. The Bank provides working
capital and international commercial banking support to these clients,
including services such as treasury management. African Bank invested in
world-class systems and use innovative technology to provide unique banking
services.
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African Bank understands you as an individual, believes in you and empowers
you to create more with your life. African Bank enables you to achieve your
goals and improve your standard of living by giving you access to
affordable, responsible & convenient credit that you need when you want and
qualify for it. |
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other banks in
South Africa |
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African Bank
Category : Locally Controlled
SWIFT Code : AFRCZAJJ
Address :
59 16th Road
Midrand
1685 South Africa
Telephone : +27 11 256 9000
Facsimile : +27 11 256 9217
Website : www.africanbank.co.za |
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Besides commercial banking, which includes
deposit taking, the provision of cheque services and lending, African Bank may
also carry on any other business which is regulated or authorized by
Reserve Bank, including financial advisory services, trade finance, short
term investing and short-term foreign exchange.
The
Reserve Bank is responsible for bank regulation and supervision in South
Africa. The purpose is to achieve a sound, efficient banking system in the
interest of the depositors of banks and the economy as a whole. This
function is performed by issuing banking licenses to banking institutions
and monitoring their activities as regulated by the Banks Act (No. 94 of
1990) and the regulations relating thereto.
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