Top Banks in Africa

Below is a list of the top 150 African banks according to assets. African banking can be roughly split into two systems - sub-Saharan Africa and North Africa. The Top 150 listing is dominated by the 'big four' South African financial giants: Standard Bank, ABSA, Nedbank and FirstRand Group. The new generation of Nigerian banks, led by Access Bank, Guaranty Trust Bank, and Zenith Bank, are emerging as dynamic players in regional markets.

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Rank	Bank	Country	Total Assets, US$bn	Date
1	Standard Bank Group	South Africa	184.518	31.12.2011
2	Absa Group	South Africa	97.241	31.12.2011
3	FirstRand	South Africa	94.144	31.12.2011
4	Nedbank Group	South Africa	80.110	31.12.2011
5	National Bank of Egypt	Egypt	50.665	31.12.2011
6	Attijariwafa Bank	Morocco	40.026	31.12.2011
7	Banque Exterieur d'Algerie (BEA)	Algeria	34.373	31.12.2011
8	Investec Bank	South Africa	31.335	31.12.2011
9	Banque Misr	Egypt	29.436	30.06.2011
10	Credit populaire du Maroc (Groupe Banque Centrale Populaire)	Morocco	27.662	31.12.2011
11	Banque Marocaine du Commerce (BMCE)	Morocco	24.239	31.12.2011
12	Banque Nationale d'Algerie (BNA)	Algeria	21.125	31.12.2011
13	Bank Muscat	Oman	18.774	31.12.2011
14	Libyan Arab Foreign Bank (LAFB)	Libya	18.000	31.01.2012
15	Gumhouria Bank	Libya	17.513	31.12.2009
16	First Bank of Nigeria	Nigeria	17.393	31.12.2011
17	Ecobank Group (Ecobank Transnational Incorporated (ETI))	Togo	17.162	31.12.2011
18	Al Baraka Banking Group	Bahrain	17.154	31.12.2011
19	Commercial International Bank (CIB)	Egypt	14.189	31.12.2011
20	Zenith Bank	Nigeria	14.147	31.12.2011
21	Credit Populaire d'Algerie (CPA)	Algeria	12.109	31.12.2011
22	Banque de l'Agriculture et du Développement Rural (BADR)	Algeria	12.010	31.12.2011
23	United Bank for Africa	Nigeria	11.901	31.12.2011
24	CNEP Banque (Caisse Nationale d’Epargne et de Prévoyance-Banque)	Algeria	11.357	31.12.2009
25	National Societe Generale Bank	Egypt	10.376	31.12.2011
26	Access Bank	Nigeria	10.014	31.12.2011
27	Guaranty Trust Bank	Nigeria	9.874	31.12.2011
28	Societe Generale Marocaine de Banques	Morocco	9.347	31.12.2011
29	EFG-Hermes Holding	Egypt	8.707	31.12.2011
30	Bank PHB (now Keystone Bank)	Nigeria	8.500	30.06.2008
31	Banque Marocaine pour le Commerce et l'Industrie (BMCI)	Morocco	8.366	31.12.2011
32	Banco Angolano de Investimentos (BAI)	Angola	8.222	31.12.2010
33	Bank of Botswana	Botswana	8.122	31.12.2011
34	Banco Espírito Santo Angola (BESA)	Angola	7.750	31.12.2010
35	HSBC Bank Egypt	Egypt	7.483	31.12.2010
36	Arab African International Bank	Egypt	7.437	31.12.2011
37	Banque du Caire	Egypt	7.337	30.06.2010
38	African Bank Investments	South Africa	7.280	31.12.2011
39	Banco de Poupança e Crédito (BPC)	Angola	7.113	31.12.2010
40	Sahara Bank	Libya	7.088	31.12.2011
41	Banque Algerienne de Developpement (BAD)	Algeria	6.504	31.12.2009
42	Banco de Fomento Angola (BFA)	Angola	6.334	31.12.2010
43	Bank of Alexandria	Egypt	6.272	31.12.2011
44	The Mauritius Commercial Bank	Mauritius	6.204	31.12.2011
45	Oceanic Bank International	Nigeria	6.174	30.06.2011
46	Wahda Bank	Libya	6.167	31.12.2009
47	Union Bank of Nigeria	Nigeria	6.130	31.12.2010
48	Development Bank of Southern Africa (DBSA)	South Africa	5.858	31.03.2012
49	Faisal Islamic Bank of Egypt	Egypt	5.818	31.12.2011
50	Skye Bank	Nigeria	5.679	31.12.2011
51	Citibank	South Africa	5.663	31.12.2011
52	Credit du Maroc	Morocco	5.463	31.12.2011
53	Banque Internationale Arabe de Tunisie	Tunisia	5.382	31.12.2011
54	Commercial Bank of Ethiopia	Ethiopia	5.001	30.06.2011
55	Principal Bank for Development and Agricultural Credit (PBDAC)	Egypt	4.977	31.03.2011
56	Diamond Bank	Nigeria	4.923	31.12.2011
57	Societe Tunisienne de Banque (STB)	Tunisia	4.899	30.06.2011
58	Banco BIC	Angola	4.780	31.12.2010
59	Banque de Developpement Local (BDL)	Algeria	4.565	31.12.2009
60	Banque Nationale Agricole (BNA)	Tunisia	4.550	30.06.2011
61	Credit Agricole Egypt	Egypt	4.545	31.03.2012
62	Fidelity Bank	Nigeria	4.539	31.12.2011
63	BGFIBank Group	Gabon	4.506	31.12.2011
64	Bank of Africa Group	Mali	4.490	31.12.2010
65	Credit Immobilier et Hotelier (CIH)	Morocco	3.934	31.12.2011
66	Kenya Commercial Bank (KCB)	Kenya	3.887	31.12.2011
67	Arab International Bank	Egypt	3.780	31.12.2011
68	Housing & Development Bank	Egypt	3.702	31.12.2011
69	Amen Bank	Tunisia	3.693	31.12.2011
70	First City Monument Bank (FCMB)	Nigeria	3.686	31.12.2011

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(1) In January 2012, Access Bank completed acquisition of the Intercontinental Bank plc.
(2) In August 2011, Keystone Bank assumed the deposit liabilities and assets of Bank PHB following the revocation of Bank PHB's operating license by the Central Bank of Nigeria.
(3) Banco Angolano de Investimentos - formerly Banco Africano de Investimentos.