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Published by Natalie Cowling,
Standard Bank Group was the leading banking service provider in South Africa in terms of assets. In 2023, the assets owned by the bank were around 169.9 billion U.S. dollars. FirstRand and Absa Bank followed, with assets of around 93.4 billion and 87.1 billion U.S. dollars, respectively.
Leading banks in South Africa as of 2023, by assets (in million U.S. dollars)
| Characteristic | Value of assets in million U.S. dollars |
|---|---|
| Standard Bank Group | 169,858 |
| FirstRand | 93,365 |
| Absa Bank | 87,134 |
| Nedbank | 73,800 |
| Investec Bank | 33,203 |
| Capitec Bank | 11,565 |
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Release date
October 2023
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Region
South Africa
Survey time period
2023
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Natalie Cowling
Research Expert South Africa
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Statistics on " Banking industry in South Africa "
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- Leading countries in the African banking industry 2022, by tier 1 capital
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- Return on equity of banks in South Africa 2022
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- Share of people using online banking in South Africa 2022, by gender
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Other statistics that may interest you Banking industry in South Africa
Regional overview
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- Premium Statistic Leading countries in the African banking industry 2022, by tier 1 capital
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Banks and banking infrastructure
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- Premium Statistic Number of registered banks in South Africa 2006-2023
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- Premium Statistic Number of bank branches in South Africa 2022-2023, by bank
- Premium Statistic Commercial bank branch density in South Africa 2005-2022
- Premium Statistic Number of ATMs in South Africa 2022-2023, by bank
Banking sector assets
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- Premium Statistic Assets of central bank in South Africa 2002-2020
- Premium Statistic Value of bank assets in South Africa 2002-2022
- Premium Statistic Bank assets as a share of GDP in South Africa 2013-2020
- Premium Statistic Distribution of assets of South African banking sector 2023, by bank type
- Premium Statistic International reserves in South Africa 2016-2021
Banking sector performance
5
- Premium Statistic Banking ROE in South Africa 2013-2024
- Premium Statistic Banking ROA in South Africa 2013-2022
- Premium Statistic Banking cost-to-income ratio in South Africa 2013-2022
- Premium Statistic Banking liquidity-coverage ratio in South Africa 2015-2022
- Premium Statistic Banking net interest margin in South Africa 2013-2022
Leading banks
4
- Basic Statistic Leading banks in South Africa 2023, by tier 1 capital
- Basic Statistic Leading banks in South Africa 2023, by assets
- Basic Statistic Leading banks in South Africa 2023, by profit
- Premium Statistic Number of bank customers in South Africa 2021-2022, by key financial institution
Leading banks performance
4
- Premium Statistic Return on equity of banks in South Africa 2022
- Premium Statistic Cost-to-income ratio of leading banks in South Africa 2022
- Premium Statistic Deposit market share of banks in South Africa 2021
- Premium Statistic Advances market share of banks in South Africa 2021
Online financial solutions
5
- Premium Statistic Share of people using online banking in South Africa 2022, by gender
- Premium Statistic Share of people making digital payments in South Africa 2024, by gender
- Premium Statistic Share of online shoppers in Egypt and South Africa 2023
- Premium Statistic Mobile money account ownership rate in South Africa 2024, by gender
- Premium Statistic Fintech startups in South Africa 2021, by sub-sector
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