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Imposed administrative penalty order of R3 610 000 (three million six hundred and ten thousand rands) in terms of section 167(1) of the Financial Sector Regulation Act of 2017 on African Bank Limited
Please note that you can view the details of Administrative Penalties by selecting Prudential Authority, Functions of the Prudential Authority, Enforcements, Regularoty Actions on the South African Reserve Bank's website at by clicking here.