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South Africa Banks


Absa Group Limited Absa is based in Johannesburg and listed on the JSE Limited and is one of South Africa's largest financial services. Business is conducted primarily in South Africa and on the Africa continent, where it has equity holdings in banks in Mozambique, Angola, Tanzania, and Zimbabwe.
As at June 2006, Absa had assets of R466 billion, more than 720 physical outlets, 8,1 million customers, 6 256 automated teller machines and 34 688 permanent employees.
Absa is a signatory of the South African Financial Sector Charter and one of the major issuers of the Mzansi Account.
Barclays in Africa Barclays Bank (TYO: 8642 ( is the fourth largest bank in the United Kingdom. The bank can trace its routes back to 1690 in London. The name "Barclay" first arose in 1736. Today the bank is a global financial service provider operating in the UK, Europe, United States, and Africa. The bank's headquarters are at Lombard Street in the City of London. Currently, offices are under construction at One Churchill Place for a new head office building. Barclays currently owns more stock (3.9%) than any other stockholder in the largest company on the planet, Exxon Mobil.
Cape of Good Hope Bank Cape of Good Hope Bank, Personal Attention for you and your money.
Citibank Citibank is a major international bank, founded in 1812 as the City Bank of New York, later First National City Bank of New York. Citibank is now the consumer and corporate banking arm of financial services giant Citigroup, one of the largest companies in the world. As of March 2007, it is the largest bank in the United States by holdings.
Citibank has operations in more than 100 countries and territories around the world. More than half of its 1,400 offices are in the United States, mostly in the New York City, Chicago, Miami, and Washington DC metropolitan areas, as well as in California.
In addition to the standard banking transactions, Citibank offers insurance, credit card and investment products. Their online services division is among the most successful in the field, claiming about 15 million users.
First National Bank (South Africa) First National Bank (FNB) is one of South Africa's "big four" banks.
However, due to a disinvestment campaign against South Africa because of its apartheid policies, Barclays was forced to reduce its shareholding and sold its remaining shareholding in the bank in 1986. The bank was renamed "First National Bank of Southern Africa Limited" in 1987 and became a wholly South African owned and controlled entity.
In 1998 the financial services interests (which included their shareholding in First National Bank) of Rand Merchant Bank Holdings and Anglo-American Corporation were merged to form FirstRand Limited, which is listed on the JSE Securities Exchange. In consequence, FNB became a wholly owned subsidiary of FirstRand Limited; it currently trades as a division of FirstRand Bank Limited. FNB also has subsidiaries in Swaziland, Botswana and Namibia, which are all listed on their country's respective stock exchanges.
FirstRand Ltd South Africa's leading financial services institution. Holding company for Rand Merchant Bank and First National Bank as well as insurance companies, Momentum Life and Southern Life.
Investec Bank Investec (JSE: INL and LSE: INVP) is an international specialist banking group that caters to the high-end market, providing a diverse range of financial products and services.
Nedbank Nedbank is one of the largest banks in South Africa, however it is one of the newest banks to be incorporated in South Africa. It is headquartered in Johannesburg. Nedbank is listed on the JSE Stock Exchange under the code NED. Market capitalisation was R46.5bn as of 28 August 2006.
Rand Merchant Bank Premier source for information on South African news, economic indicators and financial markets.
Standard Bank Standard Bank Group Limited is one of South Africa's largest financial services groups. It operates in 38 countries around the world, including 18 in Africa.
Teba Bank Limited Teba Bank is a South African bank operating in the microfinance sector. The main focus of the bank lays in the mining sector and blue collar worker, lower income market.
The head office is located in Sunninghill, Gauteng in the midst of other companies such as Acer, and PricewaterhouseCoopers (across the road) as well as Eskom and Unisys (with which it shares an office complex).
The main operating areas are mining areas where the company operates branches in towns (mining town branches) and front ends (branches on mine premises).
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Above may be not an exhaustive list of banks in this country. Also, the information might be outdated or wrong.

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