10 largest banks in Africa based on asset size – My Genius Insider
ADVERTISEMENT
  • Home
  • News
  • Sports
  • Soccer Live Matches
  • PSL
  • About Us
  • World sport
  • Finances
  • Technology
Wednesday, January 25, 2023
  • Login
No Result
View All Result
My Genius Insider
ADVERTISEMENT
My Genius Insider
No Result
View All Result
  • Home
  • News
  • Sports
  • Soccer Live Matches
  • PSL
  • About Us
  • World sport
  • Finances
  • Technology
ADVERTISEMENT

10 largest banks in Africa based on asset size

Cpho masinger by Cpho masinger
9 months ago
in News
0
Absa Bank

@google

0
SHARES
31
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

Interestingly, not only does Africa have a lesser number of commercial banks compared to other continents likely Asia has at least 1,900, the EU has about 6,000 and the USA alone has more than 4,000 —African banks also have significantly lower valuations compared to their foreign counterparts.

But this is not to say that all the banks in Africa have low valuations. As you will see shortly, some African banks have total assets valued at over $100 billion. Assets basically include all the properties, cash, account receivables and other valuable resources owned by corporations such as banks.

You might also like

Gas truck explode under bridge at BBH

Gas truck explode under bridge at BBH

December 24, 2022
Zwane breaks silence on Caleb Bimenyimana

Chiefs affirm that they are looking for well-known strikers.

October 23, 2022
Mathoho is drawing up to the Chiefs exit gate

Mathoho is drawing up to the Chiefs exit gate

October 20, 2022

Before we go ahead and unveil the list, it’s important to mention that this information was sourced from Statista, a leading global provider of markets and consumer data.

Popular Stories Right now
Ace Ncobo was also hated for standing his ground that’s what we do
Kaizer Chiefs’ Bimenyimana says he won’t make ‘Pirates signal’ again in SA
🙆🏿‍♂️🗣 Khune reveals how he lost shape 

Below are Africa’s largest banks by asset size, comprised mostly of South African and North African banks:

 

1. Standard Bank Group:

@google

At $172.9 billion, this South African bank has the largest asset size in Africa.

2. National Bank of Egypt:

@google

This Egyptian bank’s total asset size is valued at $124.9 billion.

3. Absa Bank:

Absa Bank
@google

This is another South African bank and it has a total asset size of $87.8 billion.

4. FirstRand:

First rand bank
@google

The third South African bank on the top 10 list has a total asset size of $81.9 billion.

5. Nedbank Group:

Advertisement. Scroll to continue reading.
Nedbank
@google

This South African bank has a total asset size of $78.6 billion.

6. Attijariwafa Bank:

Attijariwafa bank
@google

This Moroccan bank has a total asset size of $63.8 billion.

Advertisement. Scroll to continue reading.

7. Banque Misr:

ADVERTISEMENT
ADVERTISEMENT
Banque misr bank
@google

This Egyptian bank has a total asset size of $57.9 billion.

8. Banque Centrale Populair:

Banque centrale populair
@google

This is a Moroccan bank and it has an asset size of $49.9 billion.

9. BMCE Bank Group:

Advertisement. Scroll to continue reading.
BMCE bank
@google

This is yet another Moroccan bank and it has an asset size of $37.3 billion.

10. Investec Bank:

Investec bank
@google

Lastly, we have South Africa’s Investec Bank which has an asset size of $29.9 billion

  • Ace Ncobo was also hated for standing his ground that’s what we do
    Ace Ncobo was also hated for standing his ground that’s what we do
    October 3, 2022
  • Kaizer Chiefs’ Bimenyimana says he won’t make ‘Pirates signal’ again in SA
    Kaizer Chiefs’ Bimenyimana says he won’t make ‘Pirates signal’ again in SA
    September 21, 2022

ShareTweetShare
ADVERTISEMENT
Previous Post

Amsterdam airport urges travellers to stay away as strike causes chaos

Next Post

Republic of Congo declares new Ebola outbreak in north-western province

Cpho masinger

Cpho masinger

Wordpress developer

Related Posts

Gas truck explode under bridge at BBH
News

Gas truck explode under bridge at BBH

by TheeGenius007
December 24, 2022
0

❗Warning not for sensitive viewers ❗   One sensitive photo was deleted, thank you to the member who contacted me,...

Zwane breaks silence on Caleb Bimenyimana
News

Chiefs affirm that they are looking for well-known strikers.

by Senzo Sambo
October 23, 2022
0

Kaizer Chiefs head coach Arthur Zwane has confirmed that the club is looking to reinforce the striking department. The Soweto-born...

Mathoho is drawing up to the Chiefs exit gate
News

Mathoho is drawing up to the Chiefs exit gate

by Senzo Sambo
October 20, 2022
0

Does Erick Mathoho have a Kaizer Chiefs future? Here's latest news for Amakhosi Defender The latest report says the two...

Zwane breaks silence on Caleb Bimenyimana

Zwane breaks silence on Caleb Bimenyimana

October 20, 2022
Kaizer Chiefs and Arthur Zwane CONFIRM all transfer targets!

Kaizer Chiefs and Arthur Zwane CONFIRM all transfer targets!

October 18, 2022
Load More
Next Post
Republic of Congo declares new Ebola outbreak in north-western province

Republic of Congo declares new Ebola outbreak in north-western province

Another Zimbabwean man killed by mob in South Africa

Another Zimbabwean man killed by mob in South Africa

Discussion about this post

Calendar

January 2023
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Dec    
ADVERTISEMENT

© 2022

No Result
View All Result
  • About Us
  • DMCA
  • England VS Senegal Live Stream
  • Home
  • Privacy Policy
  • Soccer Live Matches
  • Terms and Conditions
  • World Cup Live Matches

© 2022

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In