Hsbc bank south africa. The Bank’s principal activity in South Africa is providing banking services to our corporate and wholesale clients. Through our teams of relationship managers we connect businesses to opportunities, helping them to thrive and grow. The South African Reserve Bank (SARB) has imposed administrative sanctions on HSBC Bank Plc – Johannesburg Branch (HSBC) as a result of its non-compliance with the provisions of the Financial Intelligence Centre Act 38 of 2001 (FIC Act), following a FIC Act inspection conducted in 2021. In Switzerland this entity is located at quai des Bergues, Geneva. The British finance institution has serviced South Africa for nearly 30 years. Client Feedback HSBC Bank plc – Johannesburg Branch 1 Mutual Place 107 Rivonia Road Sandton, Johannesburg 2196 South Africa Telephone: +27 0 (11) 676 4200 E-mail: clientfeedback@za. 2. Customer Support contact Get in touch to learn more about our banking solutions and how we can help you drive your business forward. Our commercial banking business offers services to large local and Hanni Pankow: hanni. J, the country’s largest lender by market value, Bloomberg News South Africa Latest News, South Africa Headlines Similar News: You can also read news stories similar to this one that we have collected from other news sources. The company recently sold its retail and business banking units in Mauritius to Absa Group. HSBC Holdings Plc has officially exited South Africa, ending a three-decade run which will see its assets and operations transferred to FirstRand. The complete list of HSBC BANK all branches universal Bank Code, Branch Code, SWIFT Code, SORT Code, Branch Address, Phone number & other details. com HSBC has two separate legal entities present in South Africa: 1. HSBC is exiting SA after 29 years as it looks to focus on its Asian operations. HSBC South Africa is a branch of HSBC Bank plc (incorporated in the United Kingdom). South Africa Please select the business unit/bank where your business is located from the following lists. On Thursday, FirstRand Limited confirmed that HSBC Bank plc (HSBC) will transfer its clients, its banking assets, liabilities and employees Branches for HSBC BANK PLC in South Africa Below you can find the local branches for HSBC BANK PLC in South Africa. We now comprise HSBC Bank plc Johannesburg Branch, which is a branch of HSBC Bank plc (incorporated in the United Kingdom), HSBC Securities (South Africa) Pty Ltd and a representative office for the Private Bank. HSBC Private Bank (Suisse) SA, a Swiss licensed Bank and a South African licensed Financial Service Provider, under number 49434. Botswana, widely regarded as one of Africa’s more stable financial markets, represents an attractive foothold for institutions pursuing regional scale. HSBC has also been selling non-African international businesses. HSBC BANK South Africa Bank Branch Code list. A comprehensive list of companies available on stock exchanges that can be browsed alphabetically, by sector, or by country. HSBC has reached an agreement to transfer its business in South Africa to local lender FirstRand Bank Ltd, the British bank said on Thursday, 26 September, 2024, as it exits from the country FirstRand, led by Mary Vilakazi, gains approval to absorb HSBC South Africa by Oct. On Thursday, FirstRand Limited confirmed that HSBC Bank plc (HSBC) will transfer its clients, its banking assets, liabilities and employees Find latest news from every corner of the globe at Reuters. HSBC has closed its doors in South Africa, with the South African Reserve Bank gazetting the official notice of the withdrawal of consent for the bank’s representative office, marking the end of the group’s physical presence in the country. HSBC has reached an agreement to transfer its business in South Africa to local lender FirstRand Bank, the British bank said on Thursday, as it exits from the country entirely amid a wider pivot By contrast, South Africa’s major banks have been steadily pushing beyond their home market, seeking growth in corporate lending, trade finance, and wealth management across the continent. We connect customers with opportunities across 90 per cent of the world’s trade flows. Today, HSBC South Africa’s principal activity is global banking and markets. Sep 1, 2025 路 HSBC, based in the UK and one of the biggest finance houses in the world, announced in September 2024 that it would be closing up shop in South Africa after 30 years. With the sale of its businesses across South Africa, HSBC would have largely exited sub-Saharan Africa. HSBC Private Bank has officially exited South Africa after nearly three decades, following the South African Reserve Bank’s (SARB) decision to withdraw its consent for the British lender to operate in the country. The group said the The South African banking sector is in for some major changes next year, including closures and new players popping up onto the scene, Cape {town} Etc reports. HSBC South Africa primarily serves subsidiaries of multinational companies operating in the country, as well as some major domestic corporates. HSBC South Africa will continue serving its branch clients until the transition is finalized. pankow@hsbcpb. Welcome to HSBC South Africa HSBC South Africa, part of the HSBC Group, offers its clients global reach and connectivity as well as in-depth local knowledge. To this end, in July, HSBC agreed a deal with Absa for the South African bank to acquire HSBC’s domestic wealth management and personal and corporate banking businesses in Mauritius. Help Centre Popular topics Why HSBC Visit our site to learn why HSBC is the world’s leading credit issuing bank and number one in receivables and supply chain finance. The company has exited key markets like the United States, Canada, France, Argentina, and South Africa. HSBC Commercial Banking operates in 54 countries and territories, covering the developed and developing markets that matter most to our customers. hsbc. The South African Reserve Bank confirmed the closure of HSBC Private Bank in the country, effective from 1 September 2025. Following a strategic review, HSBC's legal entities in South Africa will be wound down while ensuring compliance with regulatory and customer commitments. Thu, 25th Nov 2021 13:08 JOHANNESBURG, Nov 25 (Reuters) - Deutsche Bank has hired a team of four bankers from HSBC to bulk up its private banking business in South Africa, according to an Sept 13 (Reuters) – HSBC Holdings is in talks to sell its South African corporate banking business to a unit of FirstRand FSRJ. Find SWIFT codes for all banks and institutions in South Africa. South Africa, Canada, Argentina and Belgium qualified from the HSBC SVNS 3 qualifiers in Dubai earlier in 2026 and join eight sevens nations in Kenya in the first of the three legs in the Division. Norton Rose advised HSBC on the transfer of its South African branch business to FirstRand Bank in 2024, while HSF Kramer and Bowmans acted on other mandates. Sep 22, 2025 路 HSBC Holdings Plc has officially exited South Africa, ending a three-decade run which will see its assets and operations transferred to FirstRand, the country’s largest lender by market capitalisation. This will be the first time a HSBC SVNS tournament is held on African soil outside of South Africa. Sep 21, 2025 路 HSBC is officially exiting South Africa. The transition will be led by FirstRand’s corporate and investment banking division, Rand Merchant Bank (RMB), a prominent player in both South Africa and the broader African market. . The bank operates in the country via HSBC Bank plc - Johannesburg Branch, HSBC Securities (South Africa) Pty Ltd and a representative office for HSBC Private Bank (Suisse) SA. [11][12][13] The following year (1992), HSBC took over Midland Bank, becoming one of the largest domestic banks in the United Kingdom. HSBC’s connectivity and worldwide footprint enables us to offer our corporate clients a global perspective combined with local knowledge and expertise. HSBC is officially exiting South Africa. Sep 26, 2024 路 As announced on 26 September 2024, HSBC has reached an agreement to transfer the business of its branch in South Africa to FirstRand Bank Limited. com All feedback will be investigated in a timely and fair manner, and HSBC South Africa will respond to you with the outcome of our investigation where required. The South African banking sector is in for some major changes next year, including closures and new players popping up onto the scene, Cape {town} Etc reports. Swiss private bank Banque Pictet & Cie establishes its first office in South Africa, a move into the African market. Find a comprehensive list of universal branch codes for South African banks provided by Peach Payments. Get the details you need for accurate and secure money tansfers. com, your online source for breaking international news coverage. This is the 220-year-old bank's first presence on the continent. 2025, boosting its corporate banking footprint. HSBC South Africa About HSBC in South Africa The HSBC Group established a presence in sub-Saharan Africa in 1981 and entered the South African market in 1995. Tag: HSBC Private Bank Business · 29 Dec 2025 7 major international companies exit South Africa in 2025 Swiss private bank Banque Pictet & Cie establishes its first office in South Africa, a move into the African market. All required regulatory and governmental approvals were received on 10 June 2025. Europe's largest private bank, Banque Pictet & Cie, has opened a new office in South Africa. Our commercial banking business offers services to large local and The British finance institution has serviced South Africa for nearly 30 years. The group started its In 1991, the current parent company, HSBC Holdings plc, was established in London and the historic Hong Kong–based bank from which the group took its name became that entity's wholly owned subsidiary. Secretary Bessent Announces 2026 G20 Finance Track Agenda and Finance Ministers and Central Bank Governors Meeting in Asheville, North Carolina February 18, 2026 馃敶HSBC Bank Closes Its Doors in South Africa馃敶 HSBC has closed its doors in South Africa, with the South African Reserve Bank gazetting the official notice of the withdrawal of consent for the bank’s representative office, marking the end of the group’s physical presence in the country. Please note that there are currently no open roles available in South Africa. Sep 26, 2024 路 HSBC has reached an agreement to transfer its business in South Africa to local lender FirstRand Bank Ltd, the British bank said on Thursday, as it exits from the country entirely amid a Sep 20, 2025 路 HSBC has closed its doors in South Africa, with the South African Reserve Bank gazetting the official notice of the withdrawal of consent for the bank’s representative office, marking the end of the group’s physical presence in the country. UK-based bank, HSBC has announced that it has reached an agreement to transfer the business of its branch in South Africa to FirstRand Bank, marking its exit from the country. Further information about a career at HSBC is available on our global careers site. v55k5, a8jk, kexd3, lch9, roija, hd1if, s4dw0, qwmhn, qtkeo, v57xx,