What is American Banks?
Banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States.
Below are the List Of American Banks In South Africa
Following are the list of foreign controlled banks, local branches of foreign banks and representative offices of foreign banks.
Foreign Controlled Banks
Institution | Phone number | Website | |
1 | ABSA Bank Limited | (011) 350 4000 | www.absa.co.za |
2 | Albaraka Bank Limited | (031) 366 9000 | www.albaraka.co.za |
3 | Commonwealth Bank of South Africa Ltd | 087 286 8833 | |
4 | Habib Overseas Bank Limited | (011) 8347441 | www.habiboverseas.co.za |
5 | HBZ Bank Limited | (031) 267 4400 | www.hbzbank.co.za |
6 | Mercantile Bank Limited | (011) 302 0300 | www.mercantile.co.za |
7 | The South African Bank of Athens Limited | (011) 634 4300 | www.bankofathens.co.za |
Registered Local Branches of Foreign Banks
Rank | Company | Total assets R million (31.12.2016) | Total assets R million (31.12.2015) | Annual growth (%) |
1 | Citibank NA | 64 944 | 76 511 | -15.12 |
2 | HSBC Bank, Johannesburg Branch | 45 106 | 49 806 | -9.44 |
3 | China Construction Bank, Johannesburg Branch | 37 567 | 32 621 | 15.16 |
4 | Bank of China Johannesburg Branch | 32 670 | 35 836 | -8.85 |
5 | Standard Chartered Bank (Johannesburg Branch) | 32 281 | 34 420 | -6.21 |
6 | JPMorgan Chase Bank, NA (Johannesburg Branch) | 28 524 | 57 059 | -50.01 |
7 | BNP Paribas South Africa | 11 204 | 14 499 | -22.72 |
8 | Deutsche Bank AG | 10 388 | 22 757 | -54.35 |
9 | Societe Generale Johannesburg Branch | 7 874 | 11 726 | -32.85 |
10 | State Bank of India | 7 438 | 6 995 | 6.34 |
11 | Bank of Baroda | 3 940 | 2 269 | 73.70 |
12 | Bank of Taiwan South Africa Branch | 2 008 | 1 592 | 26.14 |
13 | Bank of India | 427 | 478 | -10.76 |
14 | Canara Bank | 328 | 400 | -17.88 |
15 | ICICI Bank Limited | 269 | 250 | 7.75 |
Is Standard Bank a U.S. bank?
Standard Bank Group Limited is a major South African bank and financial services group. It is Africa’s biggest lender by assets. The company’s corporate headquarters, Standard Bank Centre, is situated in Simmonds Street, Johannesburg.
What is the safest bank in South Africa?
Seeing the most significant improvements in overall public net sentiment this year was Absa, having climbed the ranks both operationally and reputationally to take first place in the index.
What is the fastest growing bank in South Africa?
TymeBank South Africa
South Africa’s first digital bank is the fastest-growing greenfield digital bank in the world. It focuses on increasing financial access and usage for underserved consumers and small businesses, with the goal of broadening economic participation.