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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
Absa Bank Limited is a 100 percent subsidiary of Absa Group Limited, the Pan African financial services conglomerate headquartered in South Africa, with subsidiaries in 12 African countries, whose total assets exceeded US$91 billion as at October 2019.
Absa Group Limited, commonly known simply as Absa and formerly the Amalgamated Banks of South Africa (ABSA) until 2005 and Barclays Africa Group Limited until 2018, is a multinational banking and financial services conglomerate based in Johannesburg, South Africa and listed on the Johannesburg Stock Exchange.
Absa Bank Tanzania Limited (ABT), formerly Barclays Bank Tanzania Limited, is a commercial bank in Tanzania and a subsidiary of South Africa-based Absa Group Limited. ABT is licensed by the Bank of Tanzania , the country's central bank and national banking regulator.
Access Bank plc, d.b.a. Finbank; ... Absa Bank Ghana (formerly Barclays Bank of Ghana Limited) ... First National Bank (South Africa)
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The Mzansi Account is a low income transactional banking account that was developed in line with the commitments of South Africa's Financial Sector Charter.The Financial Sector Charter requires banks to make banking more accessible to the nation and, specifically, to increase banking reach to all communities.
In September 2016, Jason Quinn joined the board of Absa Group Limited and was appointed Group Financial Director. He is a member of a number of board sub-committees. [2] [3] In April 2021, he was appointed as interim chief executive officer at Absa Group Limited, replacing Daniel Mminele, who resigned and left the bank. [1]