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Big banks in South Africa closing branches and ATMs | SA News


Capitec is the only major traditional bank in South Africa still expanding its ATM and branch network in the country.

First National Bank (FNB) has expanded its branch footprint but has shut down 851 ATMs, or approximately 15% of its network, over the past five years.

Meanwhile, Absa, Nedbank, and Standard Bank have all reduced their physical footprint in South Africa since 2020.

It should be noted that Capitec includes ATMs as well as coin and note recyclers in its figure for “cash devices” reported in its…

Addo Elephant National Park: Established in 1931, it is the third-largest national
park in South Africa and home to over 600 elephants.

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Comments

  1. Some lions just escaped a nature reserve in South Africa

    They were rejected from their group.

    They could maybe ask to be let in the group again

    But their pride wouldn\’t let them.

  2. Fun South African Fact: The Cape Floral Kingdom is one of the world’s six floral kingdoms – and the only one which is wholly contained within a single country.