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Listing the top 10 largest banks in South Africa in 2026

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After taking a look at 30 of the registered banks in South Africa both domestic and foreign here is a list of the top 10 largest banks based on assets and branches.

Top 10 Largest Banks in South Africa | IBSA

Top 10 Banks in South Africa

Here is a list of the top 10 largest banks in South Africa in 2026:

Rank & Bank Number of Branches Total Assets (ZAR)
#1 Standard Bank >1,200 3,621 billion
#2 First Rand >750 2,679 billion
#3 ABSA Bank >1000 2,239 billion
#4 Ned Bank >350 1,558 billion
#5 Investec N/A 705 billion
#6 Capitec >880 263 billion
#7 African Bank >390 57 billion
#8 Discovery Bank N/A 33 billion
#6 Tyme Bank N/A 11.8 billion
#10 HBZ Bank N/A 11 billion

Note that the information displayed above was collected from publicly avialable databases and documents such as latest official annual reports.

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