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Global Bank DirectoryIn total, there are 31 banks operating in South Africa. The banking system is composed of 4 domestic banks and 13 local branches of foreign banks (December 2022). SWIFT/BIC Codes in South Africa
1 First National Bank (FNB) | Johannesburg Update: 2022-05-02 First National Bank (FNB, formerly Eastern Province Bank) is the oldest bank in South Africa. FNB South Africa provides a wide range of financial products and services including personal loans, home loans, student loans, debit and credit cards, commercial, industrial, and retail development finance. 2 FirstRand Bank | Sandton Update: 2022-05-02 FirstRand Bank Ltd. is one of the largest universal commercial banks in South Africa. The Bank provides retail, commercial, corporate, investment banking services, and installment finance services. FirstRand Bank serves consumers, small businesses, medium corporates, and government entities. 3 Investec Bank | Johannesburg Update: 2020-04-05 Investec is an international specialist banking group that caters to the high-end market, providing a diverse range of financial products and services. The group operates three business units: Private Banking, Corporate and Institutional Banking and Investment Banking. 4 Nedbank | Sandton Update: 2022-11-01 Nedbank Ltd. is one of the newest banks to be incorporated in South Africa. The Bank has overseas branches in New York, London, Taipei, Hong Kong, Geijing, and the Isle of Man. Nedbank is a part of Nedbank Group Ltd, one of the four largest banking groups in SA measured by assets, with a strong deposit franchise and over 6 million clients. Old Mutual plc is the majority shareholder, owning 54.6% of the group. 5 South African Reserve Bank | Pretoria Update: 2016-08-31 The South African Reserve Bank is the central bank of the Republic of South Africa. The primary purpose of the Bank is to achieve and maintain price stability in the interest of balanced and sustainable economic growth in South Africa. 6 Standard Bank | Johannesburg Update: 2022-06-09 Standard Bank Group (Stanbic Bank), is a global bank with African roots. It is South Africa's largest bank, distinguished by its extensive operations in 20 African countries. Outside the African continent, Standard Bank Group operations span to 16 countries, with an emerging market focus. Our customers benefit from our knowledge and expertise in emerging markets, coupled with our global outlook. |
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