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.

List of commercial banks

Domestic banks

Absa Bank Ltd, part of Absa Group African Bank Limited Bank Zero Bidvest Bank Ltd Capitec Bank Ltd Discovery Bank FirstRand Ltd, part of FirstRand Group Investec Bank Ltd Nedbank Ltd, part of Nedbank Group OM Bank, part of Old Mutual Group Sasfin Bank Ltd The Standard Bank of South Africa Ltd, part of Standard Bank Group Ltd Tyme Bank Ltd

Merged or defunct banks Mercantile Bank Ltd (South Africa), part of Capitec Bank Ltd Grindrod Bank, part of African Bank Limited Ubank, part of African Bank Limited

Foreign subsidiaries

Access Bank (South Africa) Ltd, part of Access Bank Group Albaraka Bank Ltd, part of Al Baraka Group Habib Bank, part of Habib Bank Group (Pakistan) HBZ Bank Ltd, part of Habib Bank Group (Switzerland)

Foreign branches

Bank of China Bank of Communications Bank of Taiwan Citibank China Construction Bank Deutsche Bank Goldman Sachs HSBC JPMorgan Chase Standard Chartered Bank State Bank of India

Mutual banks

Bank Zero Mutual Bank Finbond Mutual Bank GBS Mutual Bank YWBN Mutual Bank

Co-operative banks

Ditsobotla Primary Savings and Credit Co-operative Banks OSK Koöperatiewe Bank Beperk Ziphakamise Savings and Credit Co-operative Bank KSK Koöperatiewe Bank Beperk GIG Co-operative Bank

See also Development Bank of Southern Africa Land and Agricultural Development Bank of South Africa Postbank South Africa BankservAfrica Banking in South Africa List of banks in Africa

References

External links Website of Reserve Bank of South Africa Classification of South African Financial Institutions