Standard Bank Group was the leading banking service provider in South Africa in terms of its tier 1 capital. In 2023, their capital was over 13.2 billion U.S. dollars. Nedbank and FirstRand followed, with capital of around 5.93 billion and 5.46 billion U.S dollars.
Advertisement
Advertisement
Leading banks in South Africa as of 2023, by tier 1 capital
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
African Business. (October 4, 2023). Leading banks in South Africa as of 2023, by tier 1 capital (in million U.S. dollars) [Graph]. In Statista. Retrieved June 25, 2025, from https://www.statista.com/statistics/1346932/leading-banks-in-south-africa-by-capital/
African Business. "Leading banks in South Africa as of 2023, by tier 1 capital (in million U.S. dollars)." Chart. October 4, 2023. Statista. Accessed June 25, 2025. https://www.statista.com/statistics/1346932/leading-banks-in-south-africa-by-capital/
African Business. (2023). Leading banks in South Africa as of 2023, by tier 1 capital (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 25, 2025. https://www.statista.com/statistics/1346932/leading-banks-in-south-africa-by-capital/
African Business. "Leading Banks in South Africa as of 2023, by Tier 1 Capital (in Million U.S. Dollars)." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/statistics/1346932/leading-banks-in-south-africa-by-capital/
African Business, Leading banks in South Africa as of 2023, by tier 1 capital (in million U.S. dollars) Statista, https://www.statista.com/statistics/1346932/leading-banks-in-south-africa-by-capital/ (last visited June 25, 2025)
Leading banks in South Africa as of 2023, by tier 1 capital (in million U.S. dollars) [Graph], African Business, October 4, 2023. [Online]. Available: https://www.statista.com/statistics/1346932/leading-banks-in-south-africa-by-capital/