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ZAR:28.695 billion (USD:1.583 billion) (2022) [2] Number of employees. 3,886 (2019) [1] 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] Headquartered in Midrand, South Africa, the bank has a ...
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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. Legislation and regulatory authorities. Banks Act, 1990. Financial Sector Regulation Act, 2017. Prudential Authority within SARB.
RMB - Rand Merchant Bank. Grindrod Bank Limited. Imperial Bank South Africa. Investec Bank Limited. Ithala Bank. Mercantile Bank Limited. Nedbank Limited. Sasfin Bank Limited. Standard Bank of South Africa.
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Access Bank South Africa is a subsidiary of Access Bank Group, a financial services conglomerate based in Nigeria, with subsidiaries in nine sub-Saharan countries, the United Kingdom and the United Arab Emirates. The group also maintains representative offices in China, India and Lebanon. The group's shares of stock are listed on the Nigerian ...
The bank is a large financial services provider. As of December 2014, the bank's total assets were valued at ZAR:32,239,234,000. At that time, the shareholders' equity was ZAR:3,765,873,000. Branch network. In April 2016, the bank had branches at Johannesburg, Cape Town, and Durban. See also. List of banks in South Africa
The bank was founded in Republic of South Africa in 1965. It obtained a banking licence in 1989; and became a fully owned subsidiary of Mercantile Bank Holdings Limited, a bank holding company incorporated in January the same year. In 1995, the bank merged with Bank of Lisbon International (BLI) – a bank established in 1965.