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Banks In South Africa |
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The Republic of South Africa is a country located at the southern tip of the African continent. It borders the countries of Namibia, Botswana, Zimbabwe, Mozambique, and Swaziland. Lesotho is an enclave entirely surrounded by South African territory.By UN classification South Africa is a middle-income country with an abundant supply of resources, well-developed financial, legal, communications, energy, and transport sectors, a stock exchange (the JSE Securities Exchange), that ranks among the 10 largest in the world, and a modern infrastructure supporting an efficient distribution of goods to major urban centres throughout the region. South Africa`s per capita GDP, corrected for purchasing power parity, positions the country as one of the 50 wealthiest in the world. In many respects, South Africa is developed; however, this development is significantly localised around 4 areas, namely: Cape Town, Port Elizabeth, Durban, and Pretoria-Johannesburg. Beyond these 4 economic centres, development is marginal and poverty still reigns despite Government strategies. However, key marginal areas are experiencing rapid growth recently. Such areas include: Mossel Bay to Plettenberg Bay; Rustenburg area; Nelspruit area; Bloemfontein; Cape West Coast; KZN North Coast amongst others. Large income gaps and a dual economy designate South Africa as developing; South Africa has one of the highest rates of income inequality in the world. |
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| ABSA |
| ABSA Bank is one of South Africa’s largest financial services organisations, serving personal, commercial and corporate customers in South Africa. |
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| African Bank Limited |
| African Bank was merged with King Finance Corporation (“King”), Unity Financial Services (“Unity”) and Alternative Finance (“Altfin”), three loan finance companies owned by the Theta Group. |
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| Capitec Bank |
| Capitec Bank is revolutionising the banking experience, while at the same time saving you money with our competitive interest rates and low bank charges. |
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| First Rand Bank |
| FirstRand Bank Limited is a wholly owned subsidiary of FirstRand Limited, and has a number of its own divisions, which include Rand Merchant Bank, FNB, WesBank, OUTsurance, and First Link. |
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| Gensec Bank |
| The date of incorporation of Genbel Securities Limited is 8 July 1977. Gensec Bank Limited, the Issuer of the warrants, obtained its banking license on 8 April 1998 and its foreign exchange license on 30 March 1998. |
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| Imperial Bank |
| Imperial Bank was established in 1996 as part of the Imperial Group. Nedbank Limited has owned a controlling interest in the bank since 2001 and it is managed as a joint venture between Nedbank Group Limited and Imperial Holdings Limited, capitalising on the combined strengths of its shareholders. |
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| Investec Bank |
| We are organised as a network comprising five business divisions Private Client Activities, Treasury and Specialised Finance, Investment Banking, Asset Management and Property Activities. Our head office provides group-wide integrating functions and is also responsible for central funding and the Trade Finance business. |
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| Marriott Merchant Bank |
The bank is geared towards helping clients navigate complex issues such as financial restructuring and raising capital.
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| MEEG Bank Limited |
| Meeg Bank Limited aims to become the best niche focused bank specialising in providing innovative products and services to new market segments in South Africa and beyond. |
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| MLS Bank Limited |
| MLS Bank retail banking network include branches and agency offices of Allied, TrustBank, United, Volkskas, Bankfin and Nu Bank. Major shareholders South African National Life Assurance Co. |
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| Nedbank Limited |
| 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. |
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| People Bank Limited |
The PBC was established on December 1, 1948 based on the consolidation of the former Huabei Bank, Beihai Bank and Xibei Farmer Bank.
In September 1983, the State Council decided to have the PBC function as a central bank.
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| Rennies Bank Limited |
| On 1 July Rennies Bank Ltd became Bidvest Bank Ltd. The market leading Rennies Foreign Exchange brand will continue to drive our retail foreign exchange business. In addition, Bidvest Bank offers a wide range of banking products and services. |
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| Sasfin Bank Limited |
Sasfin Holdings Limited is a bank-controlling company and was listed on the JSE Limited in 1987. Sasfin Bank Limited was established in 1951.
We are independent. We are passionate about creating, enhancing and preserving wealth for our clients through innovative, personalised solutions. |
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| Teba Bank Limited |
| Teba Bank Limited provides affordable, appropriate and quality micro-financial services. Our offerings include end-user saving and credit products, transactional accounts as well as corporate paymaster solutions. Our focus is on providing affordable accessible and quality financial services to the under-banked in urban, small town and rural areas with a focus on mineworkers, and to make a positive contribution to the communities where we do business. |
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| The Standard Bank Of South Africa |
| The Standard Bank of South Africa is one of the big four full-service South African banks. The group operates in a range of banking and related financial services. The group has a wide representation which spans 17 African countries and 21 countries outside of Africa with an emerging markets focus. |
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| First National Bank |
| First National Bank is the South Africa`s oldest bank and officially traces its origins back to the Eastern Province Bank, which was formed in Grahamstown in 1838, due to wool export boom in the district. By 1874, the bank had four 4 branches - at Grahamstown, Middelburg, Cradock and Queenstown. |
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