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Top Ten Largest Banks in Africa as of 2021

10. Afreximbank- Egypt

The African ExportImport Bank is a supranational financial institution based in Cairo. With the vision of being the trade finance bank for Africa, the bank offers a range of finance programs, solutions, and advisory services to support African trade.

9. Zenith Bank- Nigeria

In May 1990, Zenith was converted as a commercial bank and became a public company in 2004 and was listed on the Nigerian stock exchange in the same year. The bank has more than 500 branches and trading offices, and subsidiaries across the continent, with plans to expand further.

8. Investec- South Africa

The bank was founded in 1974 and entered the UK in 1992, focusing on the two main markets, with more than 8,700 employees worldwide and offers private, corporate, wealth, and investment banking as well as asset management.

7. Groupe Banque Populaire- Morocco

The Groupe Banque Populaire, headquartered in France, is a cooperative of banks founded in 1878. The bank is present in more than 40 countries and finances more than 20% of the French economy.

6. Attijariwafa- Morocco

With more than 10 million serviced customers in 25 countries, Attijariwafa Bank is a leading player in the Moroccan and African financial sectors, and was founded in 1904.

5. NED Bank Group- South Africa

The bank is focused on its market in South Africa with 692 points of sale and continues to expand to the rest of the continent by offering a range of banking services to wholesale and retail clients.

4. National Bank Of Egypt- Egypt

Established in 1898, is the oldest commercial bank in Egypt. It has has continuously evolved to keep up with the various political and economic phases of Egypt, taking over central bank functions in the 1950s.

3. Firstrand Bank- South Africa

The bank operates in South Africa, UK, and India, is one of the largest financial institutions in Africa. They offers a universal range of transaction, investment, credit, and insurance products and services.

2. ABSA Group- South Africa

The bank is present in 12 countries across Africa. It was founded in 1991 with around 42,000 employees and was previously Barclays Africa Group Ltd. It offers private and commercial banking, credit cards, wealth and investment management, and corporate services.

1. Standard Bank Group- South Africa

The bank is a financial institution that provides banking and financial services to individuals, corporations, institutions, and corporations both in Africa and internationally.

Content created and supplied by: Kenyan_Hub (via Opera News )

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