The South African Bank Note Company (SABN) is a South African security printing company responsible for the printing of the

South African Rand The South African rand, or simply the rand, ( sign: R; code: ZAR) is the official currency of the Southern African Common Monetary Area: South Africa, Namibia (alongside the Namibian dollar), Lesotho (alongside the Lesotho loti) and Eswatini ...

. It is a wholly owned subsidiary of the

South African Reserve Bank The South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial condit ...

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. The South African Reserve Bank formed a joint venture with

Bradbury Wilkinson and Company Bradbury Wilkinson & Co were an English engraver and printer of banknotes, postage stamps and share certificates. History The original company was established in the 1850s by Henry Bradbury and begun printing banknotes in 1856. Bradbury then die ...

and commenced production from a factory in

Pretoria Pretoria () is South Africa's administrative capital, serving as the seat of the Executive (government), executive branch of government, and as the host to all foreign embassies to South Africa. Pretoria straddles the Apies River and extends ...

's shareholding was eventually taken over by the South African Reserve Bank.

References

; Citations {{Reflist, 30em Finance in South Africa Manufacturing companies based in the City of Tshwane Banknote printing companies