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You are here: Home / News / Two banks are rolling out new branches across South Africa | SA News

Two banks are rolling out new branches across South Africa | SA News

23 December 2025 by Guest


Capitec and FNB are the only two South African banks that have expanded their branch network in the past five years, whereas Absa, Nedbank, and Standard Bank have reduced their physical footprint.

Overall, the number of branches operated by South Africa’s five largest banks has decreased by less than 1% since 30 June 2020, from 3,193 to 3,167.

However, this was because Capitec and FNB increased their branch footprints by 2.2% and 4.3% respectively. Capitec’s branches grew from 863 to 882, while FNB’s increased from…

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  1. lunar treat

    8 September 2026 at 2:07 pm

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    6 September 2026 at 2:19 am

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