South African Bank Note Company

Last updated
South African Bank Note Company
Industry Printing
Founded1958 [1]
Headquarters Pretoria, Gauteng
Products Bank notes
Parent South African Reserve Bank
Website

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]

History

The 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]

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References

Citations
  1. 1 2 3 4 "South African Reserve Bank Subsidiaries". South African Reserve Bank. Retrieved 2 March 2016.