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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
Access Bank South Africa, formerly known as Grobank Limited, and Bank of Athens (South Africa) before that, is a commercial bank in South Africa. It is licensed by the Reserve Bank of South Africa, the central bank and national banking regulator. The bank began commercial operations in June 2021, following the acquisition of a retail commercial ...
First National Bank (South Africa) Indo-Zambia Bank Limited; Zambia Industrial Commercial Bank; International Commercial Bank; Investrust Bank; Stanbic Bank; Standard Chartered Bank (Zambia) United Bank for Africa [114] Zambia National Commercial Bank
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 .
First National Bank (South Africa), Botswana, South Africa First Niagara Financial Group , Buffalo, United States First Security Islami Bank Limited , Dhaka, Bangladesh
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.
Absa Group in Johannesburg, South Africa, 2018. Finweek Bank Charges Reports from 2008 through 2010 [19] found Barclays Africa Group Holdings Limited to be the most expensive bank in South Africa. [20] [21] [22] Pay-as-you-transact (PAYT) fees increased 82 percent from 2005 to 2010. [21]
Bidvest Bank, (BVBL), is a business bank in the Republic of South Africa. It is licensed as a "locally-controlled bank" by the Reserve Bank of South Africa , the national banking regulator. [ 1 ] It is a niche bank specialising in foreign exchange and providing retail banking , vehicle financing and insurance.