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South African Bank Note Company

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]

South African Bank Note Company
IndustryPrinting
Founded1958[1]
HeadquartersPretoria, Gauteng
ProductsBank notes
ParentSouth African Reserve Bank
Website[1]

HistoryEdit

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]

ReferencesEdit

Citations
  1. ^ a b c d "South African Reserve Bank Subsidiaries". South African Reserve Bank. Retrieved 2 March 2016.