List of largest banks in Africa

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

By total assets[edit]

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

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

See also[edit]

References[edit]

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