As of January 2024, the number of domestic banks registered in South Africa amounted to 17, while there were 12 local branches of foreign banks. Furthermore, some 29 foreign banks had approved representative offices in the country.
Number of banks in South Africa in January 2024, by type
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
SARB. (March 15, 2024). Number of banks in South Africa in January 2024, by type [Graph]. In Statista. Retrieved January 22, 2025, from https://www.statista.com/statistics/1348690/number-of-banks-south-africa-by-type/?__sso_cookie_checker=failed
SARB. "Number of banks in South Africa in January 2024, by type." Chart. March 15, 2024. Statista. Accessed January 22, 2025. https://www.statista.com/statistics/1348690/number-of-banks-south-africa-by-type/?__sso_cookie_checker=failed
SARB. (2024). Number of banks in South Africa in January 2024, by type. Statista. Statista Inc.. Accessed: January 22, 2025. https://www.statista.com/statistics/1348690/number-of-banks-south-africa-by-type/?__sso_cookie_checker=failed
SARB. "Number of Banks in South Africa in January 2024, by Type." Statista, Statista Inc., 15 Mar 2024, https://www.statista.com/statistics/1348690/number-of-banks-south-africa-by-type/?__sso_cookie_checker=failed
SARB, Number of banks in South Africa in January 2024, by type Statista, https://www.statista.com/statistics/1348690/number-of-banks-south-africa-by-type/?__sso_cookie_checker=failed (last visited January 22, 2025)
Number of banks in South Africa in January 2024, by type [Graph], SARB, March 15, 2024. [Online]. Available: https://www.statista.com/statistics/1348690/number-of-banks-south-africa-by-type/?__sso_cookie_checker=failed