Banks Act, 1990 (Act No. 94 of 1990)

Notices

Consent granted in terms of Section 34 of the Banks Act for a foreign institution to establish a representative office within the Republic of South Africa: Capital International Bank Limited

General Notice 1918 of 2023
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General Notice 1918

14 July 2023

GG 48960

 

South African Reserve Bank

 

Notice is hereby given for general information, in accordance with the provisions of section 30 of the Banks Act, that Capital International Bank Limited, an institution that lawfully conducts business similar to the business of a bank in the Isle of Man, has been granted permission by the Prudential Authority (formerly the Office of the Registrar of Banks), in terms of section 34 of the Banks Act, to establish a representative office within the Republic of South Africa, with effect from 8 November 2022. The representative office referred to above is, however, not authorised to conduct the business of a bank in the Republic of South Africa.

 

 

N Tshazibana

CEO: Prudential Authority