List of banks in South Africa explained

This is a list of commercial banks in South Africa^[1]

Banks

Locally controlled banks

• Absa Group Limited
• African Bank Limited
• Bank Zero
• Bidvest Bank Limited
• Capitec Bank Limited
• Capitec Business Limited
• Discovery Limited
• First National Bank
• FirstRand Bank - A subsidiary of First Rand Limited
• 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
• Ubank Limited
• TymeBank

Co-operative banks

The following co-operative banks are registered by the South African Reserve Bank:^[2]

• Ditsobotla Primary Savings and Credit Co-operative Bank
• KSK Koöperatiewe Bank Beperk
• OSK Koöperatiewe Bank Beperk
• Webbers Employees Savings and Credit Co-operative Bank
• Ziphakamise Savings and Credit Co-operative Bank
• GIG Co-operative Bank Ltd

Ndou Thaidzo limited balance

Foreign-controlled banks

• Al Baraka Banking Group
• Habib Overseas Bank Limited
• Habib Bank AG Zurich
• Access Bank South Africa^[3]

Branches of foreign banks

• Bank of America
  • • Bank of Baroda Bank of China Bank of Taiwan
• BNP Paribas
• Calyon Corporate and Investment Bank
• China Construction Bank Corporation
• Citibank N.A.
• Deutsche Bank AG
• JPMorgan Chase Bank
• Société Générale
• Standard Chartered Bank
  • State Bank of India Hongkong and Shanghai Banking Corporation (HSBC)
• Colorado Bank

Foreign Bank Representatives

• • • • • • • • • • • • • • • • • AfrAsia Bank Limited Banco Africano de Investimentos Banco BIC Banco BPI SA Banco Espirito Santo e Comercial de Lisboa Banco Santander Totta S.A. Bank Leumi Le-Israel BM Bank of America Bank of Cyprus Group Bank of India Barclays Bank Plc Barclays Private Clients International Limited Commerzbank AG Johannesburg Credit Suisse AG Ecobank Export-Import Bank of India Fairbairn Private Bank (Isle of Man) Limited
• Fairbairn Private Bank (Jersey) Limited
  • • • • • • • • • First Bank of Nigeria First City Monument Bank Plc Hellenic Bank Public Company Limited HSBC Bank International Limited ICICI Bank Limited Industrial and Commercial Bank of China KfW Ipex-Bank GmbH Lloyds TSB Offshore Limited Mauritius Commercial Bank Limited Mukuru Service
        • Millennium BCP National Bank of Egypt NATIXIS Royal Bank of Scotland International Limited Société Générale
    • Sumitomo Mitsui Banking Corporation The Bank of New York Mellon The Bank of Tokyo-Mitsubishi UFJ Limited
• The Mizuho Bank Limited
  • • • • • • The Export-Import Bank of China The Royal Bank of Scotland N.V. UBS AG Unicredit Bank AG Union Bank of Nigeria Plc Wells Fargo Bank Zenith Bank Plc

Mutual banks

• GBS Mutual Bank
• VBS Mutual Bank
• Finbond Mutual Bank
• Bank Zero
• YWBN Mutual Bank

State-owned banks

• Development Bank of Southern Africa
• Land and Agricultural Development Bank of South Africa
• Postbank

See also

• Banking in South Africa
• List of banks in Africa
• South African Reserve Bank
• BankservAfrica

External links

• Website of Reserve Bank of South Africa
• Classification of South African Financial Institutions

Notes and References

1. Web site: South African Registered Banks and Representative Offices - South African Reserve Bank. www.resbank.co.za. en-us. 2017-08-31. https://web.archive.org/web/20170817204632/https://www.resbank.co.za/RegulationAndSupervision/BankSupervision/Pages/SouthAfricanRegisteredBanksAndRepresentativeOffices.aspx. 2017-08-17. dead.
2. Web site: Registered Co-operative Banks - South African Reserve Bank. www.resbank.co.za. en-us. 2023-04-15.
3. Web site: 15 June 2021 . Access Bank officially launches its operations in South Africa . . Edward West . 13 May 2022 . Cape Town, South Africa.