As of December 2022, Standard Bank of South Africa, the largest financial institution in Africa in terms of assets, had 10 million clients in the country. Furthermore, Capitec bank had the largest number of customers in South Africa, reaching 19 million as of August 2022. However, the bank only held 2.7 percent of the share of the total deposits in 2021.
Number of bank customers in leading South African banks as of 2021 and 2022
(in millions)
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Statista. (December 5, 2022). Number of bank customers in leading South African banks as of 2021 and 2022 (in millions) [Graph]. In Statista. Retrieved December 01, 2024, from https://www.statista.com/statistics/1350144/bank-customers-in-south-africa-by-key-financial-institution/
Statista. "Number of bank customers in leading South African banks as of 2021 and 2022 (in millions)." Chart. December 5, 2022. Statista. Accessed December 01, 2024. https://www.statista.com/statistics/1350144/bank-customers-in-south-africa-by-key-financial-institution/
Statista. (2022). Number of bank customers in leading South African banks as of 2021 and 2022 (in millions). Statista. Statista Inc.. Accessed: December 01, 2024. https://www.statista.com/statistics/1350144/bank-customers-in-south-africa-by-key-financial-institution/
Statista. "Number of Bank Customers in Leading South African Banks as of 2021 and 2022 (in Millions)." Statista, Statista Inc., 5 Dec 2022, https://www.statista.com/statistics/1350144/bank-customers-in-south-africa-by-key-financial-institution/
Statista, Number of bank customers in leading South African banks as of 2021 and 2022 (in millions) Statista, https://www.statista.com/statistics/1350144/bank-customers-in-south-africa-by-key-financial-institution/ (last visited December 01, 2024)
Number of bank customers in leading South African banks as of 2021 and 2022 (in millions) [Graph], Statista, December 5, 2022. [Online]. Available: https://www.statista.com/statistics/1350144/bank-customers-in-south-africa-by-key-financial-institution/