Full List of South African Banks | Commercial, Foreign & Mutual Banks 2020


There are many banks in South Africa today. The South African Reserve Bank (SARB) is chief among them. The Central Bank is referred to as the Bank of Bankers. The SARB controls and monitors the activities of the other banks. It is a regulatory body too for these banks and other financial institutions in South Africa.

Banks in South Africa are of different types. Some of them are commercial banks with a license for national operation. There are others too that are approved by the SARB to operate commercial banking license with international authorization. The list below will give you names, address, and operations of the various banks in South Africa.

banks in south africa

Locally controlled banks

Absa Group Limited
African Bank Limited
Bidvest Bank Limited
Capitec Bank Limited
Discovery Limited
First National Bank
FirstRand Bank – A subsidiary of First Rand Limited
Grindrod Bank Limited
Imperial Bank South Africa
Investec Bank Limited
Nedbank Limited
Sasfin Bank Limited
Standard Bank of South Africa
Ubank Limited

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Co-operative banks

Ditsobotla Primary Savings and Credit Co-operative Bank
OSK Koöperatiewe Bank Beperk

Foreign-controlled banks

Al Baraka Banking Group
Habib Overseas Bank Limited
Habib Bank AG Zurich
Mercantile Bank Limited
South African Bank of Athens Limited

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Branches of foreign banks

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)
Wittelsbach Princely Trust 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
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
Millennium BCP
National Bank of Egypt
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 Export-Import Bank of China
The Royal Bank of Scotland N.V.
Unicredit Bank AG
Union Bank of Nigeria Plc
Wells Fargo Bank
Zenith Bank Plc

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Mutual banks

GBS Mutual Bank
VBS Mutual Bank
Finbond Mutual Bank
Bank Zero

Other banks

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


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