Announcement
24 Jun 2020
On 24 June 2020, the Ministry of Finance announced allocating R3 billion to recapitalize the Land and Agricultural Development Bank of South Africa (Land Bank).
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 Jun 2020
Revocation date:
No revocation date
Updated: 24 Jun 2020
Capital injection and equity stakes (including bailouts)
In force
On 24 June 2020, the Ministry of Finance announced allocating R3 billion (approx. USD 172 million) to recapitalize the Land and Agricultural Development Bank of South Africa (Land Bank). Finance Mi...
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