SARB Bank Supervision Dep't Annual Report 2003

The South African Reserve Bank on 15 July published its Bank Supervision Department Annual Report for the year ended 2003. The year was somewhat less turbulent for the South African financial system and banking sector than the preceding two years, the report says.

The Bank Supervision Department saw a changing of the guard. Mr Christo Wiese, who had been the Registrar of Banks since November 1994, retired at the end of October 2003, and my appointment as Registrar became effective on 1 November

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