List of largest banks in Africa

Last updated

This is the list of the banks in Africa, as measured by total assets.

Contents

By total assets

The list is based on the April 2023 African Business report of the 100 largest banks in Africa. [1]

RankBank nameTotal assets
(2023)
(US$ Billion)
1 Flag of South Africa.svg Standard Bank Group 169.858
2 Flag of Egypt.svg National Bank of Egypt 167.407
3 Flag of Egypt.svg Banque Misr 118.316
4 Flag of South Africa.svg FirstRand 93,365
5 Flag of South Africa.svg Absa Bank 87.134
6 Flag of South Africa.svg Nedbank 73.800
7 Flag of Morocco.svg Attijariwafa Bank 60.337
8 Flag of Morocco.svg Banque Populaire 47.915
9 Flag of Morocco.svg Bank of Africa 36.672
10 Flag of Nigeria.svg Access Bank 33.448
11 Flag of South Africa.svg Investec 33.203
12 Flag of Algeria.svg Banque Nationale d'Algérie 32.229
13 Flag of Algeria.svg Banque Extérieure d'Algérie 29.966
14 Flag of Togo (3-2).svg Ecobank 29.004
15 Flag of Nigeria.svg Zenith Bank 27.446
16 Flag of Egypt.svg Commercial International Bank 25.675
17 Flag of Nigeria.svg United Bank for Africa 24.256
18 Flag of Nigeria.svg First Bank of Nigeria 23.631
19 Flag of Ethiopia.svg Commercial Bank of Ethiopia 22.711
20 Flag of Egypt.svg QNB Al Ahli 19.515
21 Flag of Egypt.svg Banque du Caire 16.365
22 Flag of Egypt.svg Arab African International Bank 15.345
23 Flag of Mauritius.svg Mauritius Commercial Bank 14.479
24 Flag of Nigeria.svg Guaranty Trust Bank 14.401
25 Flag of Algeria.svg Banque de développement local 13.300
26 Flag of Kenya.svg KCB Group 12.594
27 Flag of Morocco.svg Société Générale Morocco 11.998
28 Flag of Kenya.svg Equity Bank Group 11.727
29 Flag of South Africa.svg Capitec Bank 11.565
30 Flag of Morocco.svg Crédit Immobilier et Hôtelier 11.514

See also

References

  1. Minney, Tom (2023-10-04). "Africa's Top 100 Banks in 2023". African Business. Retrieved 2024-01-26.