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Update on the SARB's disposal of its shareholding in African Bank Holdings Limited
Published Date:
2022-03-22
Last Modified Date:
2022-03-22, 11:10 AM
Category:
Media > Media Releases | What's New
On 1 June 2021 the South African Reserve Bank (SARB) announced its process to dispose of its 50% shareholding in African Bank Holdings Limited (ABHL), given the potential conflict as the regulator, the significant shareholder, and the lender of last resort to African Bank Limited.