SABRIC: Civil Unrest Banking Infrastructure Damage

The South African Banking Risk Information Centre (SABRIC) has been assessing the threats, and quantifying the losses incurred by the banking industry because of the civil unrest which took place from 9 July to 17 July 2021 in Kwazulu-Natal and Gauteng. The civil unrest saw a breakdown in the rule of law that resulted in…

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SABRIC: Never use dye-stained notes from ATMs

ATMs are an essential part of our country‚Äôs economic infrastructure, providing vital services to our communities. During the recent civil unrest in KwaZulu-Natal and Gauteng, hundreds of ATMs were destroyed, hampering the ability of bank customers to access cash and other financial services. ATMs hold cash in special containers that protect cash with dye-stain technology…

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