|
2009-05-22: Press statement by Mr TT Mboweni on the meeting between the South African Reserve Bank and the Banking Association South Africa. Friday, 22 May 2009 |
Yesterday, Thursday, 21 May 2009, a dinner meeting was held involving the Governor and Chief Executive Officers and one Deputy Chief Executive Officer from the country’s five large banking institutions.
The primary purpose of the meeting was to discuss the spread between repo and the prime lending rates. It was agreed that a technical sub-committee would be established to look into the issue and other related matters further and report back to the group as soon as possible. The sub-committee is convened by Mr Cas Coovadia (Banking Association South Africa) and Dr Roelf du Plooy (South African Reserve Bank).
All enquiries on this matter should be directed to the Governor’s Office.
Enquiries:
Samantha Henkeman
Tel: +27 12 313 4669
Email: sam.henkeman@resbank.co.za
|
|