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Consumers can rest easier after SARB launches CODI to safeguard depositors in case of bank failures

Consumers can rest easier after SARB launches CODI to safeguard depositors in case of bank failures
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Twin peaksKwazulu natalSouth africaSouth africanSouth africansYatin narsaiAfrican bankCorporation for deposit insuranceResolution authorityDiscovery bankPrudential authorityFinancial sector conduct authorityEcom bankAfrican reserve bankSouth african reserve bankDeposit insurance

Bank Zero adds deposit insurance offering

The digital bank introduces the Reserve Bank’s deposit insurance scheme to protect customers’ deposits of up to R100 000.

South africaSouth africanSouth africansYatin narsaiCorporation for deposit insuranceAfrican reserve bankMutual bankFirst national bankInvestec bankDiscovery bankDeposit insuranceSouth african reserve bankFinancial sector laws amendment actBank zeroReserve bankBank zero

Deposit Insurance protects banking customers

Deposit Insurance protects banking customers
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South africaSouth africanYatin narsaiCorporation for deposit insuranceDeposit insuranceReserve bankBank zeroBig five

Bank Zero goes live with deposit insurance scheme

Bank Zero goes live with deposit insurance scheme
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South africaSouth africansSouth africanYatin narsaiMutual bankInvestec bankDiscovery bankFirst national bankAfrican reserve bankCorporation for deposit insuranceDeposit insuranceSouth african reserve bankFinancial sector laws amendment actBank zeroReserve bank

Better protection for bank clients with new deposit insurance scheme

Banking in South Africa became somewhat safer this week with the launch of the Corporation for Deposit Insurance by the South African Reserve Bank.

South africaTwin peaksKwazulu natalSouth africansSouth africanSabihah mohamedLesetja kganyagoYatin narsaiAfrican bankSa reserve bankBank zeroCorporation for deposit insurance codiDeposit insuranceReserve bankDaily maverickIslamic wadi ah