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5 Biggest Banks In South Africa By Assets and Customers In 2018

South Africa has one of the biggest economies in Africa and has some of the biggest banks in Africa.

Here are the big 5 banks that dominate the market.

5. Capitec – Total Assets: ZAR74 billion/USD 5 billion

This is one of the fastest growing banks in terms of customers with over 9 million currently earning it the 3rd largest in terms of customer numbers.

This is due to a combination of increased branch distribution in key malls and a strong brand proposition of simplified banking and value for money.

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