List of largest banks in Africa 2025

This is the list of the banks in Africa, as measured by total assets.

By total assets

The list is based on the April 2025 African Business report of the 100 largest banks in Africa. Here’s a clear summary of the largest banks in Africa by total assets (April 2024, African Business report):

South Africa and Egypt dominate the top spots.
Standard Bank Group (South Africa) leads with US$167 billion in assets, followed by National Bank of Egypt (US$155 billion) and Banque Misr (Egypt, US$104 billion).
South African banks remain the strongest in the continent.
Alongside Standard Bank, FirstRand (US$88B), Absa Bank (US$83B), and Nedbank (US$67B) rank in the continental top 10.
North African banks are heavily represented.
Morocco’s Attijariwafa Bank (US$67B), Banque Populaire (US$53B), and Bank of Africa (US$39B), as well as Algeria’s Banque Nationale d’Algérie (US$41B) and Banque Extérieure d’Algérie (US$34B), feature prominently.
West Africa’s major players.
Nigeria contributes with Access Bank (US$30B), Zenith Bank (US$23B), UBA (US$23B), First Bank of Nigeria (US$19B), and GTBank (US$11B). Togo’s Ecobank (US$27B) and Senegal’s Bank of Africa (US$11B) also appear.
East Africa’s leaders.
Kenya’s KCB Group (US$14B) and Equity Bank (US$12B) top the region, alongside Ethiopia’s Commercial Bank of Ethiopia (US$24B) and Tanzania’s NMB Bank and CRDB Bank (US$5B each).
Other notable banks.
Mauritius hosts Mauritius Commercial Bank (US$17B) and State Bank of Mauritius (US$6B). Angola’s Banco de Fomento Angola holds US$5B. Tunisia and Gabon also have entries like Banque Nationale Agricole (US$8B) and BGFIBank Group (US$8B).

👉 In summary, South African and Egyptian banks dominate the top tier, Moroccan and Algerian banks hold strong positions in North Africa, while Nigeria leads West Africa and Kenya anchors East Africa.

Rank	Bank name	Total assets (2024) (US$ Millions)
1	Standard Bank Group	167 000
2	National Bank of Egypt	155 000
3	Banque Misr	104 000
4	FirstRand	88 000
5	Absa Bank	83 000
6	Attijariwafa Bank	67 000
7	Nedbank	67 000
8	Banque Populaire	53 000
9	Banque Nationale d’Algérie [fr]	41 000
10	Bank of Africa	39 000
11	Banque Extérieure d’Algérie [fr]	34 000
12	Investec	33 000
13	Access Bank	30 000
14	Commercial International Bank	27 000
15	Ecobank	27 000
16	Crédit Populaire d’Algérie [fr]	25 000
17	Zenith Bank	23 000
18	United Bank for Africa	23 000
19	Commercial Bank of Ethiopia	24 000
20	Qatar National Bank	20 000
21	First Bank of Nigeria	19 000
22	Mauritius Commercial Bank	17 000
23	KCB Group	14 000
24	Crédit agricole	14 000
25	Arab African International Bank [fr]	13 000
26	Banque du Caire	13 000
27	Crédit Immobilier et Hôtelier	13 000
28	Equity Bank Group	12 000
29	Société Générale Morocco	12 000
30	Guaranty Trust Bank	11 000
31	Bank of Africa	11 000
32	Banque de développement local [fr]	11 000
33	Capitec Bank	10 000
34	BGFIBank Group	8 000
35	First Abu Dhabi Bank	8 000
36	BMCI	8 000
37	Banque Nationale Agricole	8 000
38	HSBC	8 000
39	Banque Internationale Arabe de Tunisie	7 000
40	Ecobank	7 000
41	First City Monument Bank	7 000
42	Fidelity Bank Nigeria	7 000
43	Faisal Islamic Bank of Egypt	6 000
44	Union Bank of Nigeria	6 000
45	Crédit du Maroc	6 000
46	State Bank of Mauritius	6 000
47	Stanbic IBTC Holdings	6 000
48	Banco de Fomento Angola	5 000
49	NMB Bank Tanzania	5 000
50	CRDB Bank	5 000