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Capitec Bank is a South African retail bank and financial services company. [2] As of February 2024 the bank was the largest retail bank in South Africa, based on number of customers, with 120,000 customers opening new accounts per month.
This is a list of commercial banks and other credit institutions in South Africa, as updated late 2024 by the Reserve Bank of South Africa. [ 1 ] [ 2 ] List of commercial banks
Bidvest Bank; Capitec Bank; First National Bank (South Africa) FirstRand Bank; Grindrod Bank; Imperial Bank South Africa; Investec; Nedbank; Sasfin Bank; Standard Bank [91] Teba Bank Limited; TymeBank
Mercantile Bank Limited is a South African commercial bank, founded in 1965. [3] It was previously called Bank of Lisbon International. [3] The bank is headquartered in Sandton, South Africa, [1] and provides products and services in retail banking, corporate finance, asset management, equity brokerage and security.
African Bank Limited, is a retail bank in South Africa, that offers financial products and services. The Bank is licensed as a "locally controlled bank" by the South African Reserve Bank (SARB). [ 3 ]
Zenith Bank: 27.446 16 Commercial International Bank: 25.675 17 United Bank for Africa: 24.256 18 First Bank of Nigeria: 23.631 19 Commercial Bank of Ethiopia: 22.711 20 QNB Al Ahli: 19.515 21 Banque du Caire: 16.365 22 Arab African International Bank: 15.345 23 Mauritius Commercial Bank: 14.479 24 Guaranty Trust Bank: 14.401 25 Banque de l ...
South Africa is the southernmost country in Africa. It is the 25th-largest country in the world by land area, and with close to 60 million people, is the world's 24th-most populous nation. The World Bank classifies South Africa as an upper-middle-income economy, and a newly industrialised country. [1] [2] Its economy is the largest in Africa ...
The maximum interest rate is linked to the South African Reserve Bank (SARB) Repurchase Rate ((Repurchase Rate x 2.2) + 20% per year) Credit facilities - Secured bank loans, credit card or cheque accounts fall under the category “credit facility.” The maximum interest rate is also linked to the SARB Bank Repurchase Rate, and is currently 29 ...
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