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You are here: Home / News / Top banks closing branches in South Africa | SA News

Top banks closing branches in South Africa | SA News

4 December 2025 by Alan


Four of five top South African banks have reduced their branch footprints substantially over the past decade, while one has significantly expanded its branch network over the same period.

Absa, FNB, Nedbank, and Standard Bank have significantly reduced their branch numbers over the past decade, with Nedbank shutting down the most branches at 194.

The bank had 708 branches in South Africa as of 31 December 2015, and the figure had plummeted to 514 branches by 30 June 2025.

Absa shut the next-highest number of…

Cultural Significance: Newspapers remain an essential part of South African
culture, reflecting the country’s diverse voices and stories.

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Reader Interactions

Comments

  1. Grotas

    8 September 2026 at 9:41 pm

    Fun South African Fact: South African fish migration is so huge you can see it from space.

  2. Martini Flower

    1 September 2026 at 8:54 am

    A new teacher enters a classroom full of students.

    The teacher stands at the front of the room and greets the students, \”Good morning, class.\”

    None of the students say anything. One boy at the back of the classroom stands up, \”Good morning, teacher.\”

    Puzzled, the teacher carries on. The following morning, the same thing happens. Day after day goes by, and it\’s the same routine.

    One morning after greeting the class and the same student standing and greeting, the teacher has had enough, \”Why is it, that every time I walk in and greet the entire room, only you stand up and greet me?\”

    In the most broken English, the boy replies, \”Because I are the only one here, what\’s name are Klass\”

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