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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
Eko India Financial Services, the business correspondent of State Bank of India (SBI) and ICICI Bank, provides bank accounts, deposit, withdrawal and remittance services, micro-insurance, and micro-finance facilities to its customers (nearly 80% of whom are migrants or the unbanked section of the population) through mobile banking. [15]
The bank offers its clients the Global One account, which is a transacting/savings account and credit facility rolled into one. [ 9 ] When it comes to customer satisfaction as per the results by South African Customer Satisfaction Index (SAcsi) in 2015, Capitec Bank comes first with 82.2 points. [ 10 ]
SBI Cards & Payment Services Limited, previously known as SBI Cards & Payment Services Private Limited, is a credit card company and payment provider in India. SBI Card was launched in May 1998 by the State Bank of India and GE Capital. In December 2017, the State Bank of India and The Carlyle Group [4] acquired a stake
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
Yono Lite is a mobile banking application from the State Bank of India. [ 7 ] [ 8 ] Earlier, it was available as "SBI Anywhere Personal" but it was rebranded as "Yono Lite" in 2018, after the introduction of YONO app. [ 9 ] In 2021, Yono Lite saw several updates to protect its users from digital frauds.
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. [11]
The bank was founded in Republic of South Africa in 1965. It obtained a banking licence in 1989; [6] and became a fully owned subsidiary of Mercantile Bank Holdings Limited, a bank holding company incorporated in January the same year. [3] In 1995, the bank merged with Bank of Lisbon International (BLI) – a bank established in 1965.