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.

1 - 70    71-150

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

1 - 70    71-150

(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.

Advertisements