The currency conversion rate was as of July 9, 2025, at 1 USD=17.79 ZAR.
According to the source, banks refer to those licenced with the Banks Act No. 94 of 1990, encompassing institutions such as former banks, discount houses, and equity building societies.
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Annual bank deposits in South Africa 2022-2024, by residential status
In 2024, the value of bank deposits from South African residents stood at around *** trillion South African rand, around billion U.S. dollars. Non-residents' bank deposits were worth around *** billion South African rand, roughly * billion U.S. dollars. Standard Bank held the largest market share of deposits in the country in 2021.
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SARB. (June 25, 2025). Annual bank deposits in South Africa from 2022 to 2024, by residential status (in million South African rand) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 03, 2026, from /statistics/1618416/bank-deposits-by-residential-status-south-africa/
SARB. "Annual bank deposits in South Africa from 2022 to 2024, by residential status (in million South African rand)." Chart. June 25, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 03, 2026. /statistics/1618416/bank-deposits-by-residential-status-south-africa/
SARB. (2025). Annual bank deposits in South Africa from 2022 to 2024, by residential status (in million South African rand). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 03, 2026. /statistics/1618416/bank-deposits-by-residential-status-south-africa/
SARB. "Annual Bank Deposits in South Africa from 2022 to 2024, by Residential Status (in Million South African Rand)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 25 Jun 2025, /statistics/1618416/bank-deposits-by-residential-status-south-africa/
SARB, Annual bank deposits in South Africa from 2022 to 2024, by residential status (in million South African rand) ÌÇÐÄÆƽâ°æ, /statistics/1618416/bank-deposits-by-residential-status-south-africa/ (last visited August 03, 2026)
Annual bank deposits in South Africa from 2022 to 2024, by residential status (in million South African rand) [Graph], SARB, June 25, 2025. [Online]. Available: /statistics/1618416/bank-deposits-by-residential-status-south-africa/
