THE Young Women in Business Network Cooperative Financial Institution (YWBN-CFI) is open for business after overcoming stringent regulatory hurdles and diligence.
The South African Reserve Bank has issued the broad-based black economic empowerment association with a Mutual Bank licence with the Prudential Authority (PA) with concurrence from the Financial Sector Conduct Authority as legally required in terms of Section 126 of the Financial Sector Regulations Act of 2017 to register a Mutual Bank in terms of