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No need to stash the cash! SARB s CODI is here to protect local consumers in case of bank failure

No need to stash the cash! SARB s CODI is here to protect local consumers in case of bank failure
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South africaSouth africanCorporation for deposit insuranceDeposit insurance fundAfrican reserve bankSouth african reserve bankDeposit insuranceIslamic wadi ahFinancial sector regulation act

It makes sense to protect depositors : Reserve Bank launches deposit insurance

Reserve Bank Governor Lesetja Kganyao launched the Corporation for Deposit Insurance (CODI) on Thursday in Johannesburg.

South africaTwin peaksKwazulu natalSouth africansEnoch godongwanaLesetja kganyagoFinancial sector conduct authorityBank sarb governor lesetja kganyagoPrudential authorityGovernor lesetja kganyagoDeposit insuranceSarb governorIslamic wadi ahMinister enoch godongwana

Better protection for bank clients with new deposit insurance scheme

Banking in South Africa became somewhat safer this week with the launch of the Corporation for Deposit Insurance by the South African Reserve Bank.

South africaTwin peaksKwazulu natalSouth africansSouth africanSabihah mohamedLesetja kganyagoYatin narsaiAfrican bankSa reserve bankBank zeroCorporation for deposit insurance codiDeposit insuranceReserve bankDaily maverickIslamic wadi ah