SOUTH AFRICAN RESERVE BANKBANK SUPERVISION DEPARTMENTAnnual report2001Issued by Authority Annual report for the calendar year ended 31 December 2001in terms of section 10 of the Banks Act, 1990, andsection 8 of the Mutual Banks Act, 1993This report presents an overview of the objectives and activities of the Bank SupervisionDepartment of the South African Reserve Bank, with particular reference to the period from1 January 2001 to 31 December 2001.INDEX Chapter1. Registrar's review2. Current issues in banking supervision3. Trends in South African banks 3.1 Balance-sheet structure3.2 Capital adequacy3.3 Profitability3.4 Liquidity risk3.5 Market risk3.6 Credit risk3.7 Currency risk4. Developments related to banking legislationAppendices1. Organisational structure of the Bank Supervision Department 782. Registered banks and mutual banks as at 31 December 2001 793. Local bank branches of foreign banks as at 31 December 2001 824. Name changes and cancellation of registration of banks and branches of foreign banks during the period from 1 January 2001 to 31 December 20015. Registered controlling companies as at 31 December 20016. Foreign banks with approved local representative offices7. Trends in South African banks - list of tables8. Circulars sent to banking institutions during 20019. Exemptions and exclusions from the application of the Banks Act, 199010. Legislation regarding regulation of financial services11. Approval of acquisition or establishment of foreign banking interests in terms of section 52 of the Banks Act, 1990, from 1 January 2001 to 31 December 2001RP 10/2002ISBN 0-621-31819-1Obtainable fromBank Supervision DepartmentSouth African Reserve BankP O Box 8432, Pretoria, 0001Telephone (012) 313-3770