* As of June 2023. ** As of December 2022. *** As of June 2023.
Figures have been rounded.
The source adds the following information: "The ranking for the Top 100 Banks survey uses Tier 1 capital which consists of capital + reserves + retained earnings + minority interests. The figures in local currencies are converted into US dollars at the foreign exchange rates on 31 December 2019 or on the year-end date in the results. Data comes from Moody’s Analytics BankFocus, Bankers’ Almanac and from African Business inhouse research. We have excluded some banks where data is old or unreliable".
South Africa's Standard Bank Group ranked as the leading bank in Africa, according to the level of tier 1 capital, which consists of core capital, reserves, retained earnings, and minority interests. With operations in ** countries in the continent, the bank group registered a capital of ** billion U.S. dollars as of the end of 2023. The National Bank of Egypt followed, with * billion U.S. dollars in tier 1 capital as of June 2023.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
African Business. (September 24, 2024). Leading banks in Africa as of 2023, by tier 1 capital (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1227542/leading-banks-in-africa-by-tier-1-capital/
African Business. "Leading banks in Africa as of 2023, by tier 1 capital (in billion U.S. dollars)." Chart. September 24, 2024. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1227542/leading-banks-in-africa-by-tier-1-capital/
African Business. (2024). Leading banks in Africa as of 2023, by tier 1 capital (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1227542/leading-banks-in-africa-by-tier-1-capital/
African Business. "Leading Banks in Africa as of 2023, by Tier 1 Capital (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 24 Sep 2024, /statistics/1227542/leading-banks-in-africa-by-tier-1-capital/
African Business, Leading banks in Africa as of 2023, by tier 1 capital (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1227542/leading-banks-in-africa-by-tier-1-capital/ (last visited August 01, 2026)
Leading banks in Africa as of 2023, by tier 1 capital (in billion U.S. dollars) [Graph], African Business, September 24, 2024. [Online]. Available: /statistics/1227542/leading-banks-in-africa-by-tier-1-capital/
