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Corporation for Public Deposits
Contact Details
Physical | Sisulu Steet, Pretoria, 0002 |
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Tel | 012 313 3231 |
Web | www.resbank.co.za/AboutUs/Structure/Pages/Subsidiaries.aspx |
Overview
The Corporation for Public Deposits (CPD) was established as a subsidiary of the Bank in 1984 after the dissolution of the National Finance Corporation (NFC). The CPD is governed by the Corporation for Public Deposits Act 46 of 1984. The CPD accepts call deposits from the public sector and invests the funds in short-term money-market instruments and special Treasury bills. With the permission of the Minister of Finance, the CPD may also accept call deposits from other depositors. All funds invested with the CPD, and the interest earned on these funds, are payable on demand.Overseeing Department/Entity
The information in this directory is compiled from various sources and is subject to continual change. If you notice any errors or omissions, contact us so that we may correct them.
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