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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]
Banking in South Africa is centred on the South African Reserve Bank (SARB), which is the monetary authority and controls gold and foreign exchange reserves. [1]
In March 1999, Bank of Athens merged with EFG Eurobank SA. [3] [16] [17] In 2000 the bank changed its name to EFG Eurobank Ergasias SA after taking over the renowned Ergasias Bank. [3] In 2002 it acquired Telesis Investment Bank, followed by UnitBank in 2003. [18] A financial products subsidiary was founded in 2007 (49.9% owned by employees).
Euro Bank SA, in Poland; Banque Commerciale pour l'Europe du Nord – Eurobank, in France, Russian-owned This page was last edited on 13 ...
EFG International is a global private banking group offering private banking and asset management services, headquartered in Zurich. EFG International's group of private banking businesses operates in around 40 locations worldwide, with more than 3,025 employees (as of 31 December 2023).
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 ...
TymeBank is a South African digital bank aimed at the lower income market. [1] [2] Headquartered in Rosebank, Johannesburg, TymeBank does not have any physical bank branches and relies on an Android banking App, and Internet Banking site and a partnership with two retail chains, Pick n Pay and Boxer, to host a national network of self-service kiosks that facilitate the account opening process.
The bank is 45% black-owned and 20% female-owned. [6] Instead of outsourcing traditional pre-ready banking packages, Bank Zero relies on a core banking platform. [7] By the end of 2018, after integration with the South African Reserve Bank, Bank Zero was a full settlement bank.