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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. [ 1 ] [ 2 ] List of commercial banks
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Absa Group Limited, commonly known simply as Absa and formerly the Amalgamated Banks of South Africa (ABSA) until 2005 and Barclays Africa Group Limited until 2018, is a multinational banking and financial services conglomerate based in Johannesburg, South Africa and listed on the Johannesburg Stock Exchange.
Banking in South Africa is centred on the South African Reserve Bank (SARB), which is the monetary authority and controls gold and foreign exchange reserves. [ 1 ] Legislation and regulatory authorities
The company launched as Virgin Money South Africa in 2006, as a partnership between Virgin Group (owners of the Virgin Money brand) and Absa, as an issuer of credit cards. [2] The 50-50 joint venture was worth R240 million at the time of launch. [3] By 2013 Virgin Money's customers had R1 billion in total credit. [4]
In 1891 ABC acquired a number of banks in South Africa : Western Province Bank (est. 1847), Kaffrarian Colonial Bank (est. 1862), and Worcester Commercial Bank (est. 1850). That same year, it also established a branch in Tangier. In 1892 ABC took over the banking operations in Lagos, Nigeria of shipping company Elder Dempster. George Neville of ...
Africa Online Holding Ltd., sometimes abbreviated to AFOL, is the largest Internet Service Provider (ISP) in Africa. [1] Based in Nairobi , Kenya , it offers Internet access and operates in ten African countries, including Côte d'Ivoire , Ghana , Namibia , Eswatini , Tanzania , Uganda and Zimbabwe .
Business Connexion (Pty) Ltd. (BCX) is a South African-based information and communications technology (ICT) company. [3] BCX is also listed on the Johannesburg Stock Exchange . The ICT group has operations in Africa, Europe and the Middle East. In Africa, BCX expands to Kenya, Mozambique, Namibia, Nigeria, Zambia and Tanzania. The company also ...