Number of Banks in South Africa

Number of banks reached 34.0 banks in 2021 in South Africa, according to the National Central Bank. This is 0% more than in the previous year.

Historically, number of banks in South Africa reached an all time high of 37.0 banks in 2004 and an all time low of 30.0 banks in 2011.

South Africa has been ranked 29th within the group of 92 countries we follow in terms of number of banks.