11. Sasfin bank
Established in 1951, their focus is on corporate clients and high net worth individuals. It’s among the leading banks when it comes to loans, checking, investments, and savings.
12. Rand Merchant Bank
A division of FirstRand Group that offers fund Management, corporate banking, and advisory services.
With its headquarters in Zürich, Switzerland, it didn’t stop them from extending their operations to South Africa. It was founded on 25 August 1967 but was launched into SA in 1995. One of their divisions is SIRAT Islamic Banking.
Their target is corporate customers. They provide both banking and financial services which include foreign exchange, personal, and corporate credit cards.
They have over 50 years of experience and their two subsidiaries are Mercantile Bank and Mercantile Insurance Brokers.
Ever since its establishment in 1994, this bank has grown to more than 190 employees. Having its headquarters in Durban, South Africa, this commercial bank offer products such as Loans, savings, invoice discounting, and investments.