The South African Bank Note Company (SABN) is a South African security printing company responsible for the printing of the South African Rand. It is a wholly owned subsidiary of the South African Reserve Bank.[1]
 | |
| Industry | Printing |
|---|---|
| Founded | 1958[1] |
| Headquarters | Pretoria, Gauteng |
| Products | Bank notes |
| Parent | South African Reserve Bank |
| Website | [1] |
History
editThe South African Bank Note Company was established in 1958 as a result of a decision by the South African Government to print South African currency locally.[1] The South African Reserve Bank formed a joint venture with Bradbury Wilkinson and Company and commenced production from a factory in Pretoria. Bradbury Wilkinson and Company's shareholding was eventually taken over by the South African Reserve Bank.[1]
References
edit- Citations
- ^ a b c d "South African Reserve Bank Subsidiaries". South African Reserve Bank. Retrieved 2 March 2016.