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Johannesburg, Monday 2 July 2001.   Saambou Bank Limited confirmed today
that it has been granted a salary deduction code by government allowing the
bank to continue with the deductions of existing personal loans granted to
government employees.  In addition, the salary deduction code also allows
Saambou Bank to grant debt-consolidated loans to its existing government
customer base.
ends.
For further information contact
Sarel Rudd
Executive Director, Personal Loans
Saambou Bank
Tel. 27 12 482 7149

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