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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
HSBC has offices, branches and subsidiaries in 62 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, serving around 39 million customers. [12] As of 2023, it was ranked no. 20 in the world in the Forbes rankings of large companies ranked by sales, profits, assets, and market value. [ 13 ]
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In 2009, as a regulatory response to the revealed vulnerability of the banking sector in the financial crisis of 2007–08, and attempting to come up with a solution to solve the "too big to fail" interdependence between G-SIFIs and the economy of sovereign states, the Financial Stability Board (FSB) started to develop a method to identify G-SIFIs to which a set of stricter requirements would ...
5.16 South Africa. 5.17 Spain. 5.18 United Kingdom. 5.19 United States. ... Barclays Capital, Zurich Branch of Barclays Bank PLC, London; HSBC Private Bank (Suisse ...
Standard Chartered South Africa, whose full name is Standard Chartered Bank South Africa, often referred to as Stanchart South Africa, is a commercial bank in South Africa. It is a subsidiary of British Standard Chartered and is registered as a Foreign Bank, by the South African Reserve Bank. [1] The bank is a large financial services provider.
The Group is a large financial services provider in West Africa and Central Africa, with emphasis on retail banking, but offering a full range of financial products. The group maintains in excess of 150 branches in the 8 countries that it serves. The Group's shareholder's equity was in excess of US$122 million, as of October 2010. [2]
Wizzit is a provider of basic banking services for the unbanked and underbanked (people or enterprises that have no or only limited access to banking services) in South Africa. Its services are based on the use of mobile phones for accessing bank accounts and conducting transactions, in addition to a Maestro debit card that is issued to all ...