Report of the Governor's Panel of Experts to Investigate the SA Reserve Bank's Role With Regard to the Financial Assistance Package to Bankorp Limited

Publisher:
South African Government
Publication Date:
16 January 2017
Tags:
South Africa, Banking and Insurance, Company News, Governance, Legal and Judicial Affairs

From 1985 to 1992 the South African Reserve Bank provided assistance to Bankorp and, for the period 1992 to 1995, to its new owner, ABSA. After the existence of that assistance belatedly became public knowledge, its nature and validity became the subject of controversy which was not resolved.

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