Strongest banks in Africa in 2023
The TAB Global 1000 World’s Strongest Banks ranking evaluates the 1000 largest banks in the world based on their strength. In this year's ranking, the performance of 29 banks from Africa for the fiscal year 2022 is assessed, with data collected up to the March 2023 cutoff date. This ranking employs a detailed and transparent scorecard to assess banks using six criteria related to balance sheet performance: scale, balance sheet growth, risk profile, profitability, asset quality, and liquidity, encompassing 14 specific factors.
African banks displayed strong balance sheet growth, with South African banks leading the way. South African banks attained higher scores in scale and risk profile compared to banks in other countries. Nigeria’s Zenith Bank emerged as the strongest bank in Africa, showcasing robust asset quality and liquidity.
| Assets | Loans | Deposits | LDR | CAR | Profit | ROA | Costs | Fees | NPLs | Reserves | Liquidity | LCR | NSFR | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Strength Rank 2023 | Largest Bank Rank 2023 | Bank | Country | Score (15%) | Score (2.5%) | Score (2.5%) | Score (5%) | Score (15%) | Score (2.5%) | Score (5%) | Score (7.5%) | Score (5%) | Score (12.5%) | Score (12.5%) | Score (5.0%) | Score (5.0%) | Score (5.0%) | Aggregate Strength Score 2023 |
| 1 | 11 | Zenith Bank | Nigeria | 2.0 | 9.0 | 10.0 | 5.0 | 4.5 | 5.0 | 10.0 | 6.0 | 10.0 | 6.0 | 10.0 | 10.0 | 8.0 | 8.0 | 6.58 |
| 2 | 19 | Capitec Bank Holdings | South Africa | 1.0 | 8.0 | 6.0 | 7.0 | 10.0 | 6.0 | 10.0 | 8.0 | 10.0 | 0.0 | 10.0 | 4.0 | 10.0 | 9.0 | 6.50 |
| 3 | 2 | FirstRand | South Africa | 6.0 | 6.0 | 6.0 | 8.0 | 7.0 | 2.0 | 8.0 | 5.0 | 9.0 | 3.0 | 9.0 | 7.0 | 6.0 | 6.0 | 6.38 |
| 4 | 1 | Standard Bank Group | South Africa | 6.0 | 6.0 | 6.0 | 9.0 | 7.0 | 7.0 | 8.0 | 4.0 | 10.0 | 2.0 | 7.0 | 8.0 | 7.0 | 6.0 | 6.25 |
| 5 | 14 | Mauritius Commercial Bank | Mauritius | 1.0 | 9.0 | 5.0 | 8.0 | 8.0 | 1.0 | 7.0 | 9.0 | 7.0 | 4.0 | 9.0 | 4.0 | 10.0 | 7.0 | 6.18 |
| 6 | 5 | Attijariwafa Bank | Morocco | 4.0 | 5.0 | 6.0 | 9.0 | 6.0 | 3.0 | 6.0 | 7.0 | 7.0 | 2.0 | 9.0 | 7.0 | 8.0 | 7.0 | 5.95 |
| 6 | 27 | Stanbic IBTC Bank | Nigeria | 0.0 | 10.0 | 7.0 | 9.0 | 8.0 | 10.0 | 10.0 | 4.0 | 8.0 | 5.0 | 10.0 | 9.0 | 1.0 | 1.0 | 5.95 |
| 8 | 12 | United Bank for Africa | Nigeria | 2.0 | 8.0 | 10.0 | 5.0 | 5.0 | 9.0 | 9.0 | 4.0 | 8.0 | 4.0 | 7.0 | 10.0 | 9.0 | 8.0 | 5.85 |
| 9 | 3 | Absa Group | South Africa | 6.0 | 5.0 | 4.0 | 9.0 | 7.0 | 6.0 | 6.0 | 5.0 | 8.0 | 2.0 | 6.0 | 7.0 | 6.0 | 6.0 | 5.80 |
| 10 | 8 | Investec Bank | South Africa | 2.0 | 5.0 | 5.0 | 8.0 | 10.0 | 5.0 | 5.0 | 6.0 | 6.0 | 5.0 | 3.0 | 5.0 | 8.0 | 6.0 | 5.53 |
| 11 | 4 | Nedbank Group | South Africa | 4.0 | 3.0 | 5.0 | 10.0 | 8.0 | 4.0 | 6.0 | 4.0 | 9.0 | 2.0 | 5.0 | 4.0 | 8.0 | 6.0 | 5.43 |
| 12 | 6 | Banque Centrale Populaire | Morocco | 3.0 | 5.0 | 6.0 | 9.0 | 6.0 | 3.0 | 3.0 | 5.0 | 7.0 | 1.0 | 9.0 | 8.0 | 8.0 | 1.0 | 5.13 |
| 13 | 10 | Ecobank Transnational | Togo | 2.0 | 8.0 | 5.0 | 6.0 | 7.0 | 2.0 | 6.0 | 4.0 | 9.0 | 2.0 | 8.0 | 10.0 | 1.0 | 1.0 | 4.93 |
| 14 | 20 | Fidelity Bank | Nigeria | 0.0 | 10.0 | 10.0 | 10.0 | 4.5 | 10.0 | 6.0 | 2.0 | 3.0 | 5.0 | 10.0 | 8.0 | 1.0 | 1.0 | 4.90 |
| 15 | 15 | Guaranty Trust Holding | Nigeria | 1.0 | 3.0 | 7.0 | 5.0 | 5.0 | 4.0 | 10.0 | 7.0 | 9.0 | 2.0 | 8.0 | 10.0 | 1.0 | 1.0 | 4.83 |
| 16 | 13 | FBN Holdings | Nigeria | 2.0 | 10.0 | 10.0 | 6.0 | 4.0 | 10.0 | 7.0 | 3.0 | 8.0 | 3.0 | 7.0 | 10.0 | 1.0 | 1.0 | 4.78 |
| 16 | 17 | Equity Group Holdings | Kenya | 1.0 | 9.0 | 7.0 | 8.0 | 5.0 | 6.0 | 10.0 | 6.0 | 6.0 | 1.0 | 8.0 | 9.0 | 1.0 | 1.0 | 4.78 |
| 18 | 7 | Bank of Africa | Morocco | 2.0 | 4.0 | 8.0 | 10.0 | 6.0 | 3.0 | 4.0 | 5.0 | 5.0 | 1.0 | 8.0 | 5.0 | 8.0 | 1.0 | 4.73 |
| 18 | 26 | FCMB Group | Nigeria | 0.0 | 7.0 | 10.0 | 7.0 | 4.0 | 9.0 | 5.0 | 3.0 | 7.0 | 4.0 | 10.0 | 9.0 | 1.0 | 1.0 | 4.73 |
| 20 | 9 | Access Holdings | Nigeria | 2.0 | 9.0 | 10.0 | 7.0 | 4.5 | 10.0 | 5.0 | 4.0 | 9.0 | 4.0 | 5.0 | 7.0 | 1.0 | 1.0 | 4.63 |
| 20 | 28 | Banco BAI | Angola | 0.0 | 6.0 | 4.0 | 2.0 | 5.0 | 7.0 | 10.0 | 4.0 | 6.0 | 0.0 | 10.0 | 10.0 | *5.0 | *5.0 | 4.63 |
| 22 | 24 | BIAT | Tunisia | 0.0 | 2.0 | 5.0 | 9.0 | 3.5 | 8.0 | 8.0 | 7.0 | 8.0 | 2.0 | 10.0 | 5.0 | 1.0 | 1.0 | 4.53 |
| 23 | 29 | Union Bank | Nigeria | 0.0 | 6.0 | 6.0 | 8.0 | 3.5 | 10.0 | 7.0 | 1.0 | 9.0 | 3.0 | 7.0 | 10.0 | 1.0 | 1.0 | 4.20 |
| 24 | 16 | KCB Group | Kenya | 1.0 | 10.0 | 10.0 | 9.0 | 4.0 | 3.0 | 10.0 | 6.0 | 5.0 | 0.0 | 4.0 | 5.0 | 1.0 | 1.0 | 3.83 |
| 25 | 18 | CIH Bank | Morocco | 1.0 | 7.0 | 7.0 | 4.0 | 3.5 | 3.0 | 3.0 | 5.0 | 6.0 | 1.0 | 5.0 | 5.0 | 8.0 | 1.0 | 3.58 |
| 26 | 21 | BGFI Holding | Gabon | 0.0 | 9.0 | 9.0 | 9.0 | 4.5 | 7.0 | 7.0 | 3.0 | 7.0 | 1.0 | 1.0 | 6.0 | 1.0 | 1.0 | 3.33 |
| 27 | 25 | BMCI | Morocco | 0.0 | 4.0 | 4.0 | 4.0 | 6.0 | 2.0 | 1.0 | 2.0 | 5.0 | 0.0 | 8.0 | 2.0 | 6.0 | 1.0 | 3.25 |
| 28 | 23 | Banque Nationale Agricole | Tunisia | 0.0 | 5.0 | 7.0 | 3.0 | 4.5 | 2.0 | 4.0 | 6.0 | 9.0 | 0.0 | 5.0 | 1.0 | 1.0 | 1.0 | 3.05 |
| 29 | 22 | Oragroup | Togo | 0.0 | 8.0 | 10.0 | 8.0 | 0.5 | 5.0 | 2.0 | 2.0 | 10.0 | 0.0 | 6.0 | 2.0 | 1.0 | 1.0 | 2.75 |
Notes:
- 10 = Highest, 0 = Lowest.
- LDR = Loan-to-deposit ratio. CAR = Capital adequacy ratio. Profit = Operating profit. ROA = Return on assets. Costs = Cost-to-income ratio. Fees = Non-interest income to total operating income.
- NPLs = Gross NPL ratio. Reserves = Loan loss reserves to gross NPLs. Liquidity = Liquid assets to total deposits and borrowings. LCR = Liquidity coverage ratio. NSFR = Net stable funding ratio.
- CCB = City Commercial Bank. RCB = Rural Commercial Bank.
- Based on figures for FY2022, with a March 2023 cutoff.
- *Based on FY2021 figures.
Source: TABInsights
Strongest banks in Africa in 2022
The Asian Banker has been publishing the world’s first authoritative annual ranking of the Strongest Banks in Asia Pacific since 2007 based on balance sheet strength. It uses a detailed and transparent scorecard to evaluate the ranking which entails six areas of balance sheet financial performance: the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity. The ranking has since been expanded to include banks in the Middle East, Africa, and Central Asia as well as Islamic banks globally.
In this year’s The Asian Banker Strongest Banks By Balance Sheet evaluation, National Bank of Egypt remained the strongest bank in Africa, as the bank demonstrated strong asset quality, capitalisation and liquidity. The ranking is based on a detailed and transparent scorecard that ranks banks on six areas of balance sheet financial performance; namely the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity. Egyptian banks achieved the highest average strength score, followed by banks in South Africa and Nigeria.
African banks showed improvement in profitability, asset quality and capitalisation, while remaining highly liquid. On average, the return on assets (ROA) of African banks on the list went up from 1.1% in the financial year (FY) 2020 to 1.3% in FY2021, which remained below pre-pandemic level of 1.7% recorded in FY2019. Meanwhile, their average cost to income ratio went down from 52.4% to 49.4%. African banks on the list also reported asset quality improvement, with the average gross non-performing loan (NPL) ratio down to 5.9% from 6.3% in the previous year. In addition, African banks maintained strong liquidity positions, as their average liquid assets to total deposits and borrowings ratio stood at 43%. The overall capitalisation of African banks also strengthened further.
| Assets | Loans | Deposits | LDR | CAR | Profit | ROA | Costs | Fees | Reserves | NPLs | Liquidity | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Strength Rank 2022 | MEA200 Largest Banks 2022 | Bank | Country | Score (17.5%) | Score (2.5%) | Score (2.5%) | Score (7.5%) | Score (12.5%) | Score (5.0%) | Score (7.5%) | Score (7.5%) | Score (7.5%) | Score (12.5%) | Score (12.5%) | Score (5.0%) | Aggregate Strength Score 2022 |
| 1 | 4 | National Bank of Egypt | Egypt | 5.0 | 5.0 | 4.5 | 5.0 | 5.0 | 5.0 | 1.5 | 5.0 | 2.0 | 5.0 | 4.0 | 4.5 | 4.35 |
| 2 | 172 | SBI | Mauritius | 0.0 | 2.5 | 4.0 | 4.0 | 5.0 | 3.0 | 4.0 | 4.5 | 2.5 | 5.0 | 5.0 | 5.0 | 3.56 |
| 3 | 158 | Investec Bank | Mauritius | 0.0 | 3.5 | 2.5 | 1.0 | 5.0 | 4.5 | 5.0 | 5.0 | 3.0 | 5.0 | 5.0 | 4.5 | 3.53 |
| 4 | 36 | Commercial International Bank | Egypt | 2.0 | 4.0 | 3.5 | 5.0 | 5.0 | 0.5 | 5.0 | 5.0 | 1.0 | 5.0 | 2.0 | 5.0 | 3.51 |
| 5 | 6 | Standard Bank | South Africa | 4.5 | 2.0 | 2.0 | 3.5 | 3.5 | 2.5 | 4.0 | 2.0 | 5.0 | 3.5 | 2.0 | 4.5 | 3.45 |
| 6 | 8 | FirstRand | South Africa | 4.0 | 0.0 | 0.5 | 4.0 | 3.5 | 1.0 | 4.5 | 3.0 | 4.5 | 4.0 | 2.0 | 4.5 | 3.38 |
| 7 | 170 | Citibank | Kenya | 0.0 | 4.5 | 4.0 | 5.0 | 2.3 | 1.5 | 5.0 | 4.5 | 4.5 | 5.0 | 4.0 | 5.0 | 3.37 |
| 8 | 49 | Zenith Bank | Nigeria | 1.5 | 3.5 | 4.0 | 5.0 | 2.5 | 1.5 | 5.0 | 3.5 | 5.0 | 4.5 | 2.5 | 5.0 | 3.35 |
| 9 | 188 | Jaiz Bank | Nigeria | 0.0 | 5.0 | 3.5 | 5.0 | 5.0 | 3.5 | 5.0 | 2.0 | 5.0 | 4.5 | 2.5 | 3.5 | 3.34 |
| 10 | 30 | Investec | South Africa | 2.5 | 1.0 | 2.5 | 3.5 | 4.0 | 5.0 | 3.5 | 3.0 | 5.0 | 2.0 | 3.5 | 4.0 | 3.29 |
| 11 | 40 | Access Holdings | Nigeria | 1.5 | 4.0 | 4.0 | 5.0 | 2.5 | 4.0 | 5.0 | 2.0 | 5.0 | 4.0 | 2.5 | 4.0 | 3.26 |
| 12 | 60 | Mauritius Commercial Bank | Mauritius | 0.5 | 2.5 | 4.0 | 5.0 | 4.0 | 0.0 | 4.0 | 5.0 | 3.5 | 5.0 | 2.5 | 4.0 | 3.20 |
| 13 | 169 | Access Bank | Ghana | 0.0 | 1.0 | 3.5 | 5.0 | 2.5 | 5.0 | 5.0 | 5.0 | 4.5 | 5.0 | 1.5 | 5.0 | 3.20 |
| 14 | 135 | HSBC Bank | Mauritius | 0.0 | 0.0 | 4.0 | 5.0 | 5.0 | 0.0 | 1.0 | 3.5 | 3.0 | 5.0 | 5.0 | 5.0 | 3.16 |
| 15 | 12 | Absa Group | South Africa | 4.0 | 1.5 | 2.5 | 1.5 | 4.0 | 1.5 | 4.0 | 2.5 | 4.0 | 3.0 | 2.0 | 4.0 | 3.10 |
| 16 | 133 | Al Ahli Bank of Kuwait | Egypt | 0.0 | 4.0 | 4.5 | 5.0 | 1.8 | 3.5 | 5.0 | 5.0 | 1.5 | 5.0 | 3.0 | 5.0 | 3.09 |
| 17 | 71 | Capitec Bank | South Africa | 0.5 | 3.0 | 2.5 | 5.0 | 5.0 | 1.0 | 5.0 | 3.5 | 5.0 | 5.0 | 0.0 | 3.5 | 3.09 |
| 18 | 140 | Abu Dhabi Commercial Bank | Egypt | 0.0 | 4.0 | 4.5 | 5.0 | 2.5 | 5.0 | 5.0 | 5.0 | 3.0 | 3.5 | 2.0 | 5.0 | 3.06 |
| 19 | 48 | QNB ALAHLI | Egypt | 1.5 | 1.0 | 4.0 | 5.0 | 2.5 | 0.5 | 5.0 | 5.0 | 1.5 | 5.0 | 2.5 | 2.5 | 3.03 |
| 20 | 113 | National Bank of Kuwait | Egypt | 0.0 | 3.0 | 4.0 | 4.0 | 2.5 | 0.0 | 5.0 | 4.5 | 2.0 | 5.0 | 4.0 | 5.0 | 3.03 |
| 21 | 127 | Credit Agricole | Egypt | 0.0 | 2.5 | 3.0 | 4.5 | 2.5 | 1.5 | 5.0 | 4.5 | 3.0 | 5.0 | 3.0 | 4.5 | 3.03 |
| 22 | 14 | Nedbank | South Africa | 3.5 | 0.0 | 1.0 | 2.0 | 4.0 | 1.5 | 3.5 | 2.5 | 4.5 | 3.0 | 2.5 | 3.5 | 3.01 |
| 23 | 166 | Zenith Bank | Ghana | 0.0 | 4.5 | 2.5 | 5.0 | 5.0 | 0.0 | 5.0 | 4.0 | 0.0 | 5.0 | 2.5 | 4.0 | 2.99 |
| 24 | 181 | Guaranty Trust Bank | Ghana | 0.0 | 5.0 | 4.0 | 5.0 | 2.5 | 3.0 | 5.0 | 5.0 | 5.0 | 1.0 | 3.5 | 4.5 | 2.98 |
| 25 | 191 | Titan Trust Bank # | Nigeria | 0.0 | 5.0 | 5.0 | 5.0 | 2.5 | 4.5 | 5.0 | 3.0 | 4.5 | 2.5 | 2.5 | 5.0 | 2.98 |
| 26 | 91 | Bank of Alexandria | Egypt | 0.5 | 1.5 | 2.5 | 5.0 | 2.5 | 1.5 | 5.0 | 4.5 | 1.5 | 5.0 | 2.5 | 5.0 | 2.96 |
| 27 | 149 | Absa Bank | Ghana | 0.0 | 1.5 | 4.0 | 4.5 | 2.5 | 4.5 | 5.0 | 5.0 | 3.5 | 3.5 | 2.0 | 5.0 | 2.96 |
| 28 | 112 | Housing and Development Bank | Egypt | 0.5 | 4.0 | 4.0 | 5.0 | 2.5 | 2.0 | 5.0 | 4.5 | 3.5 | 4.0 | 1.0 | 5.0 | 2.93 |
| 29 | 129 | Standard Chartered | Nigeria | 0.0 | 4.5 | 4.5 | 5.0 | 2.3 | 3.5 | 1.5 | 4.0 | 3.5 | 5.0 | 2.5 | 5.0 | 2.92 |
| 30 | 52 | United Bank for Africa | Nigeria | 1.5 | 1.0 | 2.5 | 5.0 | 2.5 | 1.0 | 4.5 | 2.0 | 3.0 | 4.5 | 2.5 | 4.5 | 2.90 |
| 31 | 160 | Consolidated Bank | Ghana | 0.0 | 5.0 | 0.0 | 5.0 | 5.0 | 3.0 | 2.0 | 0.5 | 2.0 | 5.0 | 4.5 | 2.0 | 2.90 |
| 32 | 18 | Attijariwafa Bank | Morocco | 3.0 | 1.0 | 1.5 | 1.5 | 3.0 | 1.5 | 3.0 | 3.5 | 3.5 | 4.5 | 1.5 | 4.5 | 2.88 |
| 33 | 107 | Al Baraka Bank | Egypt | 0.5 | 1.5 | 2.0 | 5.0 | 2.5 | 0.0 | 4.5 | 5.0 | 1.5 | 5.0 | 2.5 | 5.0 | 2.88 |
| 34 | 10 | Banque Misr | Egypt | 4.0 | 5.0 | 5.0 | 5.0 | 2.5 | 5.0 | 2.5 | 4.5 | 2.5 | 0.0 | 0.0 | 5.0 | 2.85 |
| 35 | 64 | Guaranty Trust Holding | Nigeria | 0.5 | 2.0 | 3.0 | 5.0 | 2.5 | 0.0 | 5.0 | 4.0 | 4.5 | 3.5 | 2.0 | 5.0 | 2.85 |
| 36 | 95 | Stanbic IBTC Bank | Nigeria | 0.5 | 4.5 | 4.5 | 2.5 | 4.0 | 0.0 | 3.5 | 0.5 | 3.5 | 5.0 | 3.5 | 4.5 | 2.85 |
| 37 | 142 | Attijariwafa bank | Egypt | 0.0 | 1.0 | 4.0 | 4.5 | 2.0 | 4.0 | 4.0 | 3.5 | 1.5 | 5.0 | 3.0 | 5.0 | 2.84 |
| 38 | 122 | Ahli United Bank | Egypt | 0.0 | 4.0 | 3.0 | 4.0 | 2.3 | 0.0 | 5.0 | 5.0 | 2.0 | 5.0 | 2.5 | 4.5 | 2.82 |
| 39 | 103 | Abu Dhabi Islamic Bank | Egypt | 0.5 | 2.5 | 3.5 | 5.0 | 1.5 | 1.0 | 5.0 | 4.5 | 1.0 | 5.0 | 3.0 | 3.5 | 2.81 |
| 40 | 73 | Equity Group | Kenya | 0.5 | 4.0 | 4.0 | 4.5 | 2.0 | 2.5 | 5.0 | 3.5 | 3.0 | 4.0 | 1.5 | 5.0 | 2.80 |
| 41 | 163 | Standard Chartered | Ghana | 0.0 | 2.5 | 4.0 | 5.0 | 5.0 | 0.0 | 5.0 | 4.5 | 4.0 | 2.5 | 0.5 | 5.0 | 2.80 |
| 42 | 183 | First Atlantic Bank | Ghana | 0.0 | 5.0 | 4.5 | 5.0 | 5.0 | 2.5 | 5.0 | 2.5 | 2.5 | 2.0 | 1.5 | 5.0 | 2.80 |
| 43 | 143 | Ecobank | Ghana | 0.0 | 3.0 | 2.5 | 5.0 | 2.5 | 1.5 | 5.0 | 3.5 | 2.5 | 5.0 | 1.5 | 5.0 | 2.79 |
| 44 | 50 | FBN Holdings | Nigeria | 1.5 | 4.0 | 3.5 | 5.0 | 2.0 | 0.0 | 5.0 | 1.0 | 5.0 | 3.0 | 2.0 | 5.0 | 2.78 |
| 45 | 125 | Sterling Bank | Nigeria | 0.0 | 3.5 | 4.0 | 5.0 | 1.8 | 1.5 | 2.5 | 0.5 | 3.5 | 5.0 | 4.5 | 4.5 | 2.76 |
| 46 | 174 | Bank One | Mauritius | 0.0 | 0.0 | 0.0 | 5.0 | 5.0 | 0.0 | 2.0 | 1.5 | 4.5 | 5.0 | 2.5 | 4.0 | 2.74 |
| 47 | 152 | Stanbic Bank | Ghana | 0.0 | 3.5 | 0.5 | 5.0 | 2.3 | 3.5 | 5.0 | 3.5 | 5.0 | 2.5 | 2.0 | 4.5 | 2.73 |
| 48 | 128 | Absa Bank | Kenya | 0.0 | 2.5 | 1.0 | 2.0 | 2.0 | 4.0 | 5.0 | 3.5 | 3.5 | 5.0 | 2.0 | 5.0 | 2.71 |
| 49 | 23 | Banque Centrale Populaire | Morocco | 3.0 | 0.5 | 1.0 | 3.0 | 3.0 | 0.0 | 1.5 | 2.5 | 4.0 | 4.5 | 1.0 | 4.5 | 2.68 |
| 50 | 88 | Fidelity Bank | Nigeria | 0.5 | 4.0 | 3.5 | 2.5 | 2.5 | 0.5 | 3.5 | 2.0 | 3.0 | 5.0 | 3.0 | 4.5 | 2.66 |
| 51 | 87 | SBM Holdings | Mauritius | 0.5 | 2.0 | 4.0 | 5.0 | 5.0 | 0.0 | 1.5 | 2.0 | 4.0 | 4.0 | 1.0 | 4.5 | 2.65 |
| 52 | 154 | Standard Bank | Mauritius | 0.0 | 0.0 | 4.0 | 5.0 | 5.0 | 0.0 | 1.5 | 2.5 | 5.0 | 4.0 | 1.0 | 5.0 | 2.65 |
| 53 | 110 | Egyptian Gulf Bank | Egypt | 0.5 | 0.5 | 1.5 | 5.0 | 2.5 | 2.5 | 2.0 | 4.0 | 1.5 | 5.0 | 2.0 | 5.0 | 2.64 |
| 54 | 105 | FABMISR | Egypt | 0.5 | 0.0 | 0.5 | 5.0 | 2.5 | 0.5 | 3.5 | 5.0 | 1.5 | 4.5 | 2.0 | 5.0 | 2.63 |
| 55 | 117 | AfrAsia Bank | Mauritius | 0.0 | 0.0 | 3.5 | 5.0 | 4.0 | 0.0 | 1.5 | 4.0 | 4.5 | 4.5 | 0.5 | 5.0 | 2.59 |
| 56 | 178 | Societe Generale | Ghana | 0.0 | 0.0 | 0.0 | 3.5 | 2.5 | 2.5 | 5.0 | 3.0 | 4.0 | 5.0 | 1.5 | 3.5 | 2.59 |
| 57 | 145 | Stanbic Holdings | Kenya | 0.0 | 3.0 | 2.5 | 3.0 | 4.0 | 1.5 | 5.0 | 3.0 | 4.5 | 3.0 | 1.0 | 4.0 | 2.58 |
| 58 | 164 | CalBank | Ghana | 0.0 | 0.0 | 4.0 | 5.0 | 2.5 | 1.5 | 5.0 | 4.0 | 4.0 | 3.5 | 1.0 | 3.5 | 2.58 |
| 59 | 130 | I&M Group | Kenya | 0.0 | 2.5 | 2.5 | 3.5 | 2.5 | 2.5 | 5.0 | 4.0 | 3.0 | 3.5 | 1.5 | 4.0 | 2.55 |
| 60 | 141 | GCB Bank | Ghana | 0.0 | 3.5 | 3.0 | 5.0 | 2.5 | 4.0 | 5.0 | 3.0 | 2.5 | 4.5 | 0.0 | 3.0 | 2.55 |
| 61 | 101 | FCMB Group | Nigeria | 0.5 | 4.0 | 4.0 | 4.0 | 1.8 | 0.0 | 2.5 | 1.5 | 3.5 | 5.0 | 2.5 | 4.5 | 2.53 |
| 62 | 31 | Bank of Africa | Morocco | 2.0 | 0.5 | 1.0 | 2.0 | 3.0 | 3.0 | 2.0 | 3.0 | 3.0 | 4.0 | 1.5 | 3.5 | 2.53 |
| 63 | 131 | Suez Canal Bank | Egypt | 0.0 | 4.0 | 3.0 | 5.0 | 1.5 | 0.0 | 3.0 | 3.5 | 3.0 | 5.0 | 1.5 | 4.5 | 2.49 |
| 64 | 144 | Standard Chartered | Kenya | 0.0 | 1.0 | 1.0 | 5.0 | 2.0 | 3.0 | 5.0 | 3.0 | 3.5 | 3.5 | 1.0 | 4.5 | 2.48 |
| 65 | 153 | Fidelity Bank | Ghana | 0.0 | 0.0 | 4.0 | 5.0 | 2.5 | 2.0 | 5.0 | 3.5 | 2.5 | 2.5 | 1.5 | 5.0 | 2.46 |
| 66 | 109 | Co-operative Bank | Kenya | 0.5 | 2.0 | 1.5 | 3.0 | 2.0 | 4.0 | 5.0 | 3.5 | 3.5 | 3.5 | 0.5 | 4.0 | 2.45 |
| 67 | 56 | AAIB | Egypt | 1.0 | 3.5 | 1.0 | 5.0 | 2.3 | 0.5 | 2.5 | 4.5 | 2.5 | 3.0 | 1.0 | 5.0 | 2.43 |
| 68 | 165 | Bank of Baroda | Kenya | 0.0 | 3.0 | 2.5 | 5.0 | 2.5 | 1.0 | 5.0 | 5.0 | 1.0 | 2.5 | 1.5 | 4.5 | 2.43 |
| 69 | 108 | NCBA Group | Kenya | 0.5 | 0.0 | 2.5 | 5.0 | 2.3 | 0.5 | 5.0 | 3.5 | 2.5 | 4.0 | 0.5 | 4.0 | 2.42 |
| 70 | 192 | ABC Banking Corporation | Mauritius | 0.0 | 1.0 | 3.5 | 5.0 | 3.5 | 0.0 | 1.5 | 3.5 | 3.5 | 2.5 | 2.5 | 4.5 | 2.41 |
| 71 | 123 | Absa Bank | Mauritius | 0.0 | 0.5 | 4.0 | 5.0 | 5.0 | 1.0 | 2.5 | 2.5 | 3.0 | 1.5 | 1.5 | 5.0 | 2.39 |
| 72 | 171 | Prime Bank | Kenya | 0.0 | 1.0 | 2.0 | 5.0 | 2.5 | 2.5 | 5.0 | 3.5 | 3.0 | 2.5 | 1.0 | 4.0 | 2.39 |
| 73 | 96 | Union Bank | Nigeria | 0.5 | 4.0 | 3.5 | 4.5 | 1.8 | 0.0 | 2.0 | 0.0 | 5.0 | 3.5 | 2.5 | 5.0 | 2.36 |
| 74 | 116 | SAIB | Egypt | 0.0 | 4.0 | 1.0 | 5.0 | 1.8 | 1.5 | 1.0 | 2.5 | 2.5 | 4.5 | 2.5 | 4.5 | 2.34 |
| 75 | 162 | Al Salam Bank | Algeria | 0.0 | 5.0 | 4.5 | 0.5 | 0.0 | 2.5 | 5.0 | 4.5 | 1.5 | 4.0 | 3.0 | 4.0 | 2.30 |
| 76 | 168 | CFG Bank | Morocco | 0.0 | 3.5 | 4.5 | 0.0 | 0.0 | 5.0 | 1.0 | 0.5 | 4.0 | 5.0 | 5.0 | 3.5 | 2.29 |
| 77 | 195 | HBZ Bank | South Africa | 0.0 | 1.0 | 3.5 | 5.0 | 3.5 | 0.0 | 3.5 | 2.0 | 2.0 | 2.0 | 3.0 | 3.5 | 2.29 |
| 78 | 147 | Wema Bank | Nigeria | 0.0 | 3.0 | 3.0 | 5.0 | 1.3 | 3.0 | 2.0 | 0.5 | 3.5 | 3.5 | 2.5 | 4.5 | 2.26 |
| 79 | 167 | Unity Bank | Nigeria | 0.0 | 4.0 | 0.0 | 2.5 | 0.0 | 5.0 | 1.5 | 0.0 | 2.5 | 5.0 | 5.0 | 3.0 | 2.24 |
| 80 | 157 | African Bank | South Africa | 0.0 | 0.0 | 5.0 | 0.0 | 5.0 | 0.0 | 5.0 | 2.0 | 2.5 | 4.0 | 0.0 | 4.5 | 2.19 |
| 81 | 179 | United Bank for Africa | Ghana | 0.0 | 0.0 | 4.5 | 5.0 | 2.5 | 1.5 | 5.0 | 5.0 | 2.5 | 1.5 | 0.0 | 3.5 | 2.18 |
| 82 | 175 | Family Bank | Kenya | 0.0 | 3.5 | 3.0 | 2.5 | 2.5 | 3.0 | 5.0 | 2.5 | 3.0 | 2.5 | 0.5 | 3.5 | 2.15 |
| 83 | 199 | Bank of Africa | Kenya | 0.0 | 1.0 | 0.0 | 5.0 | 2.0 | 5.0 | 1.5 | 0.0 | 4.5 | 5.0 | 0.0 | 3.5 | 2.15 |
| 84 | 200 | Sidian Bank | Kenya | 0.0 | 3.5 | 2.5 | 2.0 | 2.3 | 5.0 | 4.0 | 2.0 | 5.0 | 2.0 | 1.0 | 2.0 | 2.13 |
| 85 | 82 | Arab International Bank | Egypt | 0.5 | 3.0 | 1.0 | 5.0 | 2.5 | 1.0 | 1.5 | 2.0 | 2.5 | 3.5 | 0.5 | 5.0 | 2.13 |
| 86 | 196 | Guaranty Trust Bank | Kenya | 0.0 | 3.0 | 2.0 | 4.5 | 2.5 | 4.5 | 5.0 | 3.5 | 3.5 | 0.0 | 0.0 | 4.5 | 2.13 |
| 87 | 173 | Agricultural Development Bank | Ghana | 0.0 | 3.5 | 3.0 | 5.0 | 1.8 | 4.5 | 4.0 | 1.0 | 2.5 | 3.0 | 0.0 | 3.5 | 2.09 |
| 88 | 79 | KCB Group | Kenya | 0.5 | 2.5 | 2.0 | 2.5 | 2.5 | 1.5 | 5.0 | 4.0 | 2.0 | 2.5 | 0.0 | 3.5 | 2.09 |
| 89 | 194 | Bank of Africa | Ghana | 0.0 | 3.0 | 3.5 | 4.5 | 2.5 | 1.0 | 5.0 | 3.5 | 3.0 | 0.0 | 1.5 | 3.5 | 2.09 |
| 90 | 86 | Faisal Islamic Bank | Egypt | 0.5 | 3.5 | 2.5 | 5.0 | 2.5 | 3.0 | 5.0 | 4.0 | 1.0 | 0.0 | 0.0 | 5.0 | 2.08 |
| 91 | 94 | Credit du Maroc | Morocco | 0.5 | 1.0 | 1.0 | 1.0 | 1.8 | 2.5 | 3.0 | 3.5 | 2.5 | 4.0 | 1.5 | 3.0 | 2.07 |
| 92 | 185 | MauBank | Mauritius | 0.0 | 2.0 | 1.5 | 5.0 | 3.0 | 0.0 | 1.0 | 0.0 | 4.0 | 2.5 | 2.5 | 4.5 | 2.06 |
| 93 | 146 | Arab Investment Bank | Egypt | 0.0 | 0.0 | 0.5 | 5.0 | 2.5 | 5.0 | 0.0 | 2.5 | 2.0 | 4.0 | 0.0 | 5.0 | 2.04 |
| 94 | 189 | BCP Bank | Mauritius | 0.0 | 2.5 | 1.0 | 1.5 | 3.0 | 5.0 | 0.5 | 0.0 | 3.5 | 4.0 | 1.5 | 4.5 | 2.04 |
| 95 | 197 | First National Bank | Ghana | 0.0 | 1.0 | 0.0 | 3.5 | 2.5 | 0.0 | 0.0 | 0.0 | 4.5 | 4.5 | 2.5 | 4.5 | 2.04 |
| 96 | 124 | Diamond Trust Bank | Kenya | 0.0 | 1.0 | 2.5 | 4.0 | 2.3 | 2.5 | 3.0 | 3.5 | 2.5 | 2.0 | 1.0 | 3.5 | 2.02 |
| 97 | 177 | Arab Banking Corporation | Egypt | 0.0 | 3.0 | 3.5 | 5.0 | 2.5 | 0.0 | 0.0 | 0.0 | 0.5 | 5.0 | 2.0 | 5.0 | 2.01 |
| 98 | 184 | Bank of India | Kenya | 0.0 | 2.0 | 1.5 | 5.0 | 2.5 | 2.0 | 5.0 | 5.0 | 1.0 | 0.0 | 0.0 | 5.0 | 1.95 |
| 99 | 198 | Victoria Commercial Bank | Kenya | 0.0 | 3.5 | 3.0 | 2.0 | 2.0 | 2.0 | 3.5 | 4.0 | 1.5 | 2.5 | 0.5 | 3.5 | 1.89 |
| 100 | 182 | Bidvest Bank | South Africa | 0.0 | 0.0 | 1.0 | 5.0 | 5.0 | 0.0 | 4.0 | 0.0 | 1.0 | 0.5 | 1.0 | 5.0 | 1.84 |
| 101 | 186 | Prudential Bank | Ghana | 0.0 | 0.0 | 3.0 | 5.0 | 2.5 | 4.0 | 5.0 | 2.5 | 2.5 | 0.0 | 0.0 | 2.5 | 1.84 |
| 102 | 102 | Ecobank | Nigeria | 0.5 | 3.0 | 3.5 | 4.5 | 1.3 | 0.0 | 1.0 | 0.5 | 5.0 | 2.5 | 0.0 | 5.0 | 1.79 |
| 103 | 187 | SBM Bank | Kenya | 0.0 | 3.0 | 1.5 | 5.0 | 4.0 | 0.0 | 1.0 | 0.0 | 2.5 | 2.5 | 0.0 | 4.0 | 1.76 |
| 104 | 138 | Polaris Bank | Nigeria | 0.0 | 4.0 | 2.5 | 5.0 | 1.8 | 0.0 | 4.5 | 0.5 | 2.0 | 3.0 | 0.0 | 1.5 | 1.73 |
| 105 | 74 | CIH Bank | Morocco | 0.5 | 3.5 | 3.0 | 0.0 | 1.8 | 3.5 | 1.5 | 3.0 | 3.0 | 2.0 | 1.5 | 1.5 | 1.72 |
| 106 | 176 | Ecobank | Kenya | 0.0 | 0.5 | 2.5 | 5.0 | 2.0 | 5.0 | 1.5 | 0.5 | 4.5 | 0.0 | 0.0 | 5.0 | 1.69 |
| 107 | 106 | Emirates NBD | Egypt | 0.5 | 1.5 | 4.5 | 5.0 | 2.3 | 0.5 | 2.0 | 3.5 | 2.0 | 0.0 | 0.0 | 4.0 | 1.68 |
| 108 | 180 | Grindrod Bank | South Africa | 0.0 | 1.0 | 3.5 | 3.0 | 3.5 | 0.5 | 2.0 | 2.0 | 5.0 | 0.5 | 0.5 | 1.5 | 1.68 |
| 109 | 193 | Albaraka Bank | South Africa | 0.0 | 2.5 | 0.0 | 3.0 | 4.0 | 0.0 | 1.0 | 0.0 | 2.0 | 0.5 | 2.5 | 4.0 | 1.59 |
| 110 | 155 | BNP Paribas | Algeria | 0.0 | 0.0 | 1.0 | 4.0 | 1.8 | 0.0 | 3.5 | 3.5 | 2.0 | 0.0 | 0.0 | 5.0 | 1.47 |
| 111 | 151 | Standard Chartered | Mauritius | 0.0 | 0.0 | 3.0 | 5.0 | 0.0 | 0.0 | 4.0 | 3.0 | 3.0 | 0.0 | 0.0 | 5.0 | 1.45 |
| 112 | 92 | BMCI | Morocco | 0.5 | 0.5 | 0.0 | 0.0 | 1.8* | 0.0 | 0.5 | 1.5 | 2.5 | 4.0 | 0.5 | 2.0 | 1.32 |
| 113 | 190 | Fransabank | Algeria | 0.0 | 2.5 | 4.0 | 2.0 | 0.0 | 1.0 | 4.0 | 3.5 | 2.0 | 0.0 | 0.0 | 4.0 | 1.28 |
| 114 | 67 | Societe Generale | Morocco | 0.5 | 0.0 | 1.0 | 0.0 | 0.0 | 0.5 | 2.0 | 3.0 | 3.0 | 3.5 | 0.0 | 1.5 | 1.25 |
Notes:
(1) 5 = Highest, 0 = Lowest.
(2) *Based on FY2020 data. # Adjusted for asset quality.
(3) LDR = loan to deposit ratio. CAR = capital adequacy ratio. Profit = operating profit. ROA = return on assets. Costs = cost to income ratio. Fees = non-interest income to total operating income. Reserves = loan loss reserves to gross non-performing loans. NPLs = gross non-performing loan ratio. Liquidity = Liquid assets to total deposits and borrowings.
Source: TABInsights
Strongest banks in Africa in 2021
The Asian Banker has been publishing the world’s first authoritative annual ranking of the Strongest Banks in Asia Pacific since 2007 based on balance sheet strength. It uses a detailed and transparent scorecard to evaluate the ranking which entails six areas of balance sheet financial performance: the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity. The ranking has since been expanded to include banks in the Middle East, Africa, and Central Asia as well as Islamic banks globally.
In this year’s The Asian Banker Strongest Banks By Balance Sheet evaluation, National Bank of Egypt has emerged as the strongest bank in Africa. This is based on a detailed and transparent scorecard that evaluates commercial banks and financial holding companies (banks) on six areas of balance sheet financial performance, namely the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity. National Bank of Egypt registered strong balance sheet growth and demonstrated good asset quality and a strong liquidity position.
African banks maintained sufficient capital buffers as most banking sectors experienced an improvement in the level of capitalization. Meanwhile, they performed strongly in terms of liquidity, with average liquid assets to total deposits and borrowings ratio up from 41.7% in the financial year (FY) 2019 to 46.2% in FY2020. However, the profitability of African banks on the list weakened, with average return on assets (ROA) down from 1.74% in FY2019 to 1.07% and average cost to income ratio up to 51.7% from 50%. Egyptian and South African banks continued to outperform. Egyptian banks demonstrated the strongest asset quality with a 3.5% average gross non-performing loan (NPL) ratio in 2020, lower than the average for all African banks on the list at 5.9%.
| Assets | Loans | Deposits | LDR | CAR | Profit | ROA | Costs | Fees | Reserves | NPLs | Liquidity | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Strength Rank 2021 | MEA200 Largest Banks 2021 | Bank | Country | Score (17.5%) | Score (2.5%) | Score (2.5%) | Score (7.5%) | Score (12.5%) | Score (5.0%) | Score (7.5%) | Score (7.5%) | Score (7.5%) | Score (12.5%) | Score (12.5%) | Score (5.0%) | Aggregate Strength Score 2021 |
| 1 | 6 | National Bank of Egypt | Egypt | 5.0 | 4.5 | 4.5 | 5.0 | 2.3 | 0.0 | 2.0 | 4.5 | 2.0 | 5.0 | 4.0 | 5.0 | 3.77 |
| 2 | 40 | Commercial International Bank | Egypt | 3.0 | 1.5 | 2.5 | 5.0 | 5.0 | 1.5 | 5.0 | 5.0 | 0.5 | 5.0 | 2.5 | 5.0 | 3.68 |
| 3 | 49 | Zenith Bank | Nigeria | 2.5 | 4.5 | 4.0 | 5.0 | 2.5 | 1.5 | 5.0 | 3.5 | 5.0 | 5.0 | 2.5 | 5.0 | 3.61 |
| 4 | 67 | Mauritius Commercial Bank | Mauritius | 1.5 | 2.5 | 3.5 | 4.5 | 4.5 | 1.5 | 5.0 | 5.0 | 3.5 | 5.0 | 2.5 | 4.5 | 3.56 |
| 5 | 48 | Access Bank | Nigeria | 2.5 | 3.5 | 4.5 | 5.0 | 2.5 | 5.0 | 4.0 | 1.5 | 5.0 | 4.5 | 2.5 | 4.5 | 3.46 |
| 6 | 9 | FirstRand | South Africa | 4.5 | 2.5 | 2.0 | 3.5 | 4.0 | 0.0 | 3.0 | 3.0 | 4.0 | 4.0 | 2.0 | 4.5 | 3.39 |
| 7 | 50 | United Bank for Africa | Nigeria | 2.5 | 4.5 | 5.0 | 5.0 | 2.5 | 2.5 | 5.0 | 2.0 | 4.0 | 4.0 | 2.5 | 5.0 | 3.38 |
| 8 | 73 | Capitec Bank | South Africa | 1.5 | 0.5 | 3.5 | 5.0 | 5.0 | 1.0 | 5.0 | 4.0 | 5.0 | 5.0 | 0.0 | 5.0 | 3.34 |
| 9 | 4 | Standard Bank | South Africa | 5.0 | 2.0 | 3.0 | 3.5 | 4.0 | 0.0 | 2.0 | 1.5 | 5.0 | 3.0 | 2.0 | 5.0 | 3.28 |
| 9 | 134 | HSBC Bank | Mauritius | 0.5 | 0.5 | 3.0 | 5.0 | 5.0 | 0.0 | 1.5 | 4.0 | 2.5 | 5.0 | 5.0 | 5.0 | 3.28 |
| 11 | 189 | Guaranty Trust Bank | Ghana | 0.0 | 5.0 | 5.0 | 5.0 | 2.5 | 3.0 | 5.0 | 5.0 | 5.0 | 2.0 | 4.5 | 4.5 | 3.25 |
| 12 | 178 | Citibank | Kenya | 0.0 | 5.0 | 4.0 | 5.0 | 2.5 | 0.0 | 5.0 | 4.0 | 4.5 | 5.0 | 3.5 | 5.0 | 3.24 |
| 13 | 65 | Guaranty Trust Holding | Nigeria | 1.5 | 3.5 | 5.0 | 5.0 | 2.5 | 1.0 | 5.0 | 4.5 | 4.0 | 3.5 | 2.0 | 5.0 | 3.16 |
| 13 | 168 | Zenith Bank | Ghana | 0.0 | 5.0 | 4.5 | 5.0 | 5.0 | 4.0 | 5.0 | 5.0 | 2.5 | 2.5 | 2.0 | 4.5 | 3.16 |
| 15 | 94 | Stanbic IBTC Holdings | Nigeria | 1.0 | 4.0 | 4.5 | 3.0 | 2.5 | 1.5 | 5.0 | 3.5 | 4.0 | 5.0 | 2.5 | 5.0 | 3.13 |
| 16 | 144 | Al Ahli Bank of Kuwait | Egypt | 0.0 | 3.0 | 3.5 | 4.5 | 2.3 | 5.0 | 5.0 | 4.5 | 1.5 | 5.0 | 3.0 | 5.0 | 3.11 |
| 17 | 107 | Al Baraka Bank | Egypt | 0.5 | 4.0 | 1.0 | 5.0 | 2.5 | 4.0 | 5.0 | 5.0 | 2.0 | 5.0 | 2.0 | 4.5 | 3.10 |
| 18 | 54 | QNB ALAHLI | Egypt | 2.0 | 2.5 | 2.5 | 3.5 | 2.5 | 1.0 | 5.0 | 5.0 | 1.5 | 5.0 | 3.0 | 2.0 | 3.06 |
| 18 | 103 | Bank Audi | Egypt | 1.0 | 4.0 | 3.0 | 5.0 | 2.5 | 2.0 | 5.0 | 5.0 | 1.5 | 4.5 | 2.0 | 5.0 | 3.06 |
| 18 | 122 | Standard Chartered | Nigeria | 0.5 | 1.5 | 4.5 | 5.0 | 2.5 | 0.0 | 5.0 | 1.0 | 5.0 | 5.0 | 3.5 | 5.0 | 3.06 |
| 21 | 160 | Consolidated Bank | Ghana | 0.0 | 5.0 | 4.5 | 5.0 | 5.0 | 4.0 | 1.0 | 0.5 | 2.0 | 5.0 | 5.0 | 1.5 | 3.03 |
| 22 | 198 | Rand Merchant Bank | Nigeria | 0.0 | 3.0 | 3.0 | 0.0 | 2.5 | 0.0 | 5.0 | 4.5 | 4.5 | 5.0 | 5.0 | 5.0 | 3.01 |
| 23 | 18 | Attijariwafa Bank | Morocco | 4.5 | 2.0 | 1.5 | 1.5 | 3.5 | 0.0 | 1.5 | 3.0 | 3.5 | 4.5 | 1.5 | 4.5 | 3.00 |
| 23 | 119 | National Bank of Kuwait | Egypt | 0.5 | 3.0 | 0.5 | 4.0 | 2.5 | 0.0 | 5.0 | 5.0 | 2.0 | 5.0 | 3.5 | 5.0 | 3.00 |
| 25 | 132 | Credit Agricole | Egypt | 0.5 | 3.0 | 1.0 | 4.5 | 2.5 | 0.0 | 5.0 | 4.5 | 2.5 | 5.0 | 3.0 | 5.0 | 2.99 |
| 26 | 79 | Equity Group | Kenya | 1.0 | 4.5 | 5.0 | 4.5 | 2.5 | 3.5 | 5.0 | 3.5 | 3.0 | 4.0 | 1.0 | 5.0 | 2.98 |
| 26 | 117 | AfrAsia Bank | Mauritius | 0.5 | 2.5 | 3.0 | 5.0 | 4.0 | 0.5 | 3.0 | 5.0 | 5.0 | 4.0 | 1.0 | 5.0 | 2.98 |
| 26 | 120 | Housing and Development Bank | Egypt | 0.5 | 3.5 | 3.0 | 5.0 | 2.5 | 0.0 | 5.0 | 4.5 | 3.5 | 5.0 | 1.5 | 5.0 | 2.98 |
| 29 | 10 | Absa Group | South Africa | 4.5 | 2.0 | 3.0 | 1.0 | 4.0 | 1.0 | 1.0 | 2.0 | 4.5 | 3.0 | 2.0 | 4.5 | 2.95 |
| 29 | 15 | Banque Misr | Egypt | 4.5 | 4.5 | 4.0 | 5.0 | 2.5 | 4.5 | 3.0 | 5.0 | 2.5 | 0.0 | 0.0 | 5.0 | 2.95 |
| 29 | 89 | SBM Holdings | Mauritius | 1.0 | 3.0 | 2.5 | 5.0 | 5.0 | 4.5 | 1.0 | 3.0 | 4.0 | 4.0 | 0.5 | 5.0 | 2.95 |
| 32 | 109 | Abu Dhabi Islamic Bank | Egypt | 0.5 | 4.5 | 4.0 | 4.5 | 1.8 | 0.0 | 5.0 | 4.5 | 1.5 | 5.0 | 3.5 | 4.0 | 2.94 |
| 33 | 104 | FCMB Group | Nigeria | 1.0 | 4.0 | 4.5 | 4.0 | 2.0 | 3.5 | 3.0 | 1.5 | 3.0 | 5.0 | 3.0 | 5.0 | 2.93 |
| 34 | 194 | Jaiz Bank | Nigeria | 0.0 | 5.0 | 4.5 | 5.0 | 5.0 | 5.0 | 4.5 | 2.0 | 4.5 | 2.5 | 0.5 | 4.5 | 2.91 |
| 35 | 30 | Investec | South Africa | 4.0 | 1.5 | 0.5 | 3.0 | 4.0 | 0.0 | 1.5 | 2.5 | 4.5 | 1.5 | 3.0 | 4.5 | 2.90 |
| 35 | 90 | Fidelity Bank | Nigeria | 1.0 | 4.0 | 5.0 | 3.0 | 2.5 | 5.0 | 3.5 | 1.5 | 2.0 | 5.0 | 2.5 | 5.0 | 2.90 |
| 35 | 169 | Standard Chartered | Ghana | 0.0 | 1.0 | 1.5 | 5.0 | 5.0 | 4.5 | 5.0 | 5.0 | 4.0 | 2.5 | 0.0 | 5.0 | 2.90 |
| 38 | 21 | Banque Centrale Populaire | Morocco | 4.0 | 1.5 | 1.5 | 3.0 | 3.5 | 0.0 | 0.5 | 2.5 | 4.0 | 4.5 | 1.0 | 4.5 | 2.88 |
| 38 | 96 | Bank of Alexandria | Egypt | 1.0 | 3.5 | 0.5 | 5.0 | 2.5 | 0.0 | 5.0 | 4.0 | 1.0 | 5.0 | 2.5 | 4.5 | 2.88 |
| 40 | 12 | Nedbank | South Africa | 4.5 | 1.5 | 1.5 | 2.0 | 4.0 | 0.0 | 1.0 | 2.0 | 4.5 | 2.5 | 2.0 | 4.5 | 2.86 |
| 40 | 112 | Egyptian Gulf Bank | Egypt | 0.5 | 1.0 | 1.5 | 5.0 | 2.5 | 2.0 | 2.0 | 3.5 | 1.0 | 5.0 | 4.5 | 5.0 | 2.86 |
| 40 | 199 | ABC Banking Corporation | Mauritius | 0.0 | 4.5 | 2.0 | 5.0 | 4.5 | 3.5 | 1.5 | 4.0 | 3.5 | 3.5 | 2.0 | 4.5 | 2.86 |
| 43 | 192 | Bidvest Bank | South Africa | 0.0 | 2.0 | 2.5 | 5.0 | 5.0 | 0.0 | 2.5 | 0.0 | 1.5 | 5.0 | 4.5 | 5.0 | 2.85 |
| 44 | 196 | First Atlantic Bank | Ghana | 0.0 | 5.0 | 4.5 | 5.0 | 5.0 | 4.5 | 5.0 | 2.5 | 4.0 | 1.5 | 0.5 | 5.0 | 2.83 |
| 45 | 101 | Union Bank | Nigeria | 1.0 | 4.5 | 4.0 | 4.5 | 2.3 | 3.5 | 2.0 | 0.0 | 4.0 | 5.0 | 2.5 | 5.0 | 2.82 |
| 46 | 138 | Stanbic Holdings | Kenya | 0.5 | 2.0 | 2.5 | 3.5 | 5.0 | 0.5 | 5.0 | 3.0 | 4.5 | 3.5 | 0.5 | 5.0 | 2.80 |
| 47 | 141 | Ecobank | Ghana | 0.0 | 0.5 | 3.5 | 5.0 | 2.5 | 1.5 | 5.0 | 3.5 | 3.0 | 4.5 | 2.0 | 5.0 | 2.79 |
| 48 | 88 | HSBC Bank | Egypt | 1.0 | 3.0 | 2.0 | 5.0 | 2.5 | 0.0 | 5.0 | 5.0 | 2.0 | 3.5 | 1.5 | 5.0 | 2.76 |
| 49 | 127 | Absa Bank | Mauritius | 0.5 | 0.5 | 1.0 | 5.0 | 5.0 | 0.0 | 1.5 | 2.0 | 2.0 | 4.5 | 3.0 | 5.0 | 2.73 |
| 49 | 150 | Stanbic Bank | Ghana | 0.0 | 3.5 | 5.0 | 5.0 | 2.5 | 1.5 | 5.0 | 3.0 | 4.5 | 2.5 | 2.0 | 5.0 | 2.73 |
| 51 | 51 | FBN Holdings | Nigeria | 2.5 | 4.0 | 3.5 | 5.0 | 2.3 | 1.0 | 4.0 | 1.5 | 4.5 | 1.5 | 1.5 | 5.0 | 2.71 |
| 52 | 131 | Sterling Bank | Nigeria | 0.5 | 1.0 | 1.5 | 4.5 | 2.5 | 3.0 | 2.0 | 0.5 | 3.0 | 5.0 | 3.5 | 5.0 | 2.68 |
| 52 | 152 | Absa Bank | Ghana | 0.0 | 3.0 | 4.0 | 4.0 | 2.5 | 1.5 | 5.0 | 4.0 | 3.5 | 3.0 | 2.0 | 5.0 | 2.68 |
| 54 | 29 | Bank of Africa | Morocco | 4.0 | 2.0 | 1.0 | 1.5 | 3.5 | 0.0 | 1.0 | 2.0 | 3.0 | 4.0 | 1.5 | 4.0 | 2.66 |
| 54 | 126 | The United Bank | Egypt | 0.5 | 3.5 | 1.5 | 5.0 | 2.5 | 0.0 | 5.0 | 4.0 | 2.0 | 4.0 | 1.5 | 5.0 | 2.66 |
| 56 | 143 | GCB Bank | Ghana | 0.0 | 1.5 | 3.5 | 5.0 | 2.5 | 3.0 | 5.0 | 2.5 | 2.5 | 5.0 | 1.5 | 2.5 | 2.65 |
| 57 | 185 | MauBank | Mauritius | 0.0 | 2.0 | 3.0 | 5.0 | 4.0 | 5.0 | 1.0 | 0.0 | 5.0 | 3.0 | 2.5 | 5.0 | 2.64 |
| 58 | 180 | Societe Generale | Ghana | 0.0 | 1.0 | 2.0 | 3.5 | 2.3 | 1.0 | 5.0 | 3.0 | 3.0 | 5.0 | 2.0 | 5.0 | 2.62 |
| 59 | 162 | Investec Bank | Mauritius | 0.0 | 1.5 | 1.0 | 2.0 | 5.0 | 0.0 | 4.0 | 5.0 | 2.0 | 2.0 | 3.5 | 5.0 | 2.60 |
| 60 | 158 | Standard Bank | Mauritius | 0.0 | 0.5 | 4.0 | 5.0 | 5.0 | 0.0 | 1.0 | 3.5 | 3.5 | 4.0 | 1.0 | 5.0 | 2.59 |
| 61 | 130 | Suez Canal Bank | Egypt | 0.5 | 4.0 | 1.0 | 5.0 | 1.8 | 1.0 | 3.5 | 4.0 | 3.0 | 4.5 | 1.0 | 5.0 | 2.58 |
| 62 | 106 | NCBA Group | Kenya | 0.5 | 1.5 | 2.0 | 5.0 | 2.3 | 4.5 | 2.0 | 3.5 | 2.5 | 4.5 | 1.0 | 4.5 | 2.57 |
| 63 | 179 | SBI | Mauritius | 0.0 | 1.0 | 3.0 | 3.0 | 5.0 | 0.0 | 1.5 | 4.5 | 3.0 | 4.0 | 1.5 | 5.0 | 2.56 |
| 64 | 133 | I&M Holdings | Kenya | 0.5 | 2.5 | 3.0 | 3.5 | 2.5 | 0.0 | 5.0 | 4.0 | 3.5 | 3.0 | 1.5 | 4.5 | 2.53 |
| 65 | 113 | SAIB | Egypt | 0.5 | 3.5 | 0.5 | 5.0 | 2.3 | 3.0 | 1.0 | 2.0 | 2.0 | 4.5 | 2.5 | 5.0 | 2.49 |
| 66 | 81 | KCB Group | Kenya | 1.0 | 3.5 | 2.0 | 3.0 | 2.5 | 2.0 | 5.0 | 4.0 | 3.0 | 3.0 | 0.5 | 3.5 | 2.46 |
| 67 | 151 | Abu Dhabi Commercial Bank | Egypt | 0.0 | 4.5 | 2.5 | 5.0 | 2.3 | 0.0 | 4.5 | 4.0 | 2.0 | 2.5 | 2.0 | 5.0 | 2.43 |
| 68 | 167 | Bank One | Mauritius | 0.0 | 0.0 | 0.5 | 5.0 | 5.0 | 0.0 | 0.0 | 2.5 | 3.0 | 4.5 | 1.5 | 5.0 | 2.43 |
| 69 | 172 | Al Salam Bank | Algeria | 0.0 | 2.5 | 4.5 | 1.5 | 0.0 | 0.0 | 5.0 | 4.5 | 2.0 | 5.0 | 3.0 | 5.0 | 2.40 |
| 70 | 128 | Ahli United Bank | Egypt | 0.5 | 3.5 | 0.0 | 4.5 | 2.5 | 0.0 | 5.0 | 0.0 | 0.0 | 5.0 | 2.5 | 5.0 | 2.39 |
| 71 | 191 | United Bank for Africa | Ghana | 0.0 | 4.0 | 3.5 | 5.0 | 2.5 | 0.0 | 5.0 | 5.0 | 2.5 | 2.5 | 0.0 | 5.0 | 2.38 |
| 71 | 200 | HBZ Bank | South Africa | 0.0 | 2.5 | 0.5 | 5.0 | 4.0 | 0.0 | 4.0 | 2.5 | 2.0 | 2.0 | 2.5 | 4.5 | 2.38 |
| 73 | 166 | Bank of Baroda | Kenya | 0.0 | 2.0 | 3.0 | 5.0 | 2.5 | 1.5 | 5.0 | 5.0 | 0.5 | 2.5 | 1.0 | 5.0 | 2.36 |
| 74 | 171 | Unity Bank | Nigeria | 0.0 | 5.0 | 5.0 | 5.0 | 0.0 | 0.0 | 1.5 | 0.0 | 2.0 | 5.0 | 5.0 | 4.0 | 2.34 |
| 75 | 129 | Absa Bank | Kenya | 0.5 | 2.5 | 1.5 | 2.5 | 2.3 | 0.0 | 3.0 | 2.5 | 3.5 | 4.5 | 1.5 | 5.0 | 2.33 |
| 76 | 175 | Access Bank | Ghana | 0.0 | 0.5 | 4.5 | 5.0 | 2.5 | 5.0 | 5.0 | 4.5 | 4.0 | 0.0 | 0.0 | 5.0 | 2.33 |
| 76 | 188 | SBM Bank | Kenya | 0.0 | 5.0 | 2.0 | 5.0 | 4.5 | 5.0 | 2.0 | 0.0 | 2.5 | 3.0 | 0.0 | 5.0 | 2.33 |
| 78 | 62 | AAIB | Egypt | 1.5 | 1.0 | 2.0 | 5.0 | 2.5 | 0.0 | 1.5 | 4.5 | 2.0 | 3.0 | 0.5 | 5.0 | 2.31 |
| 78 | 139 | Standard Chartered | Kenya | 0.0 | 1.0 | 2.5 | 5.0 | 2.5 | 0.0 | 5.0 | 2.5 | 3.0 | 3.0 | 1.0 | 5.0 | 2.31 |
| 78 | 170 | CalBank | Ghana | 0.0 | 0.0 | 2.5 | 5.0 | 2.5 | 1.5 | 5.0 | 3.5 | 2.5 | 3.0 | 0.5 | 4.5 | 2.31 |
| 81 | 174 | Prime Bank | Kenya | 0.0 | 1.0 | 2.0 | 5.0 | 2.5 | 1.5 | 5.0 | 3.0 | 3.5 | 2.0 | 1.0 | 4.5 | 2.30 |
| 82 | 145 | Wema Bank | Nigeria | 0.0 | 4.5 | 5.0 | 5.0 | 2.0 | 0.0 | 1.5 | 0.5 | 4.0 | 3.5 | 2.0 | 5.0 | 2.25 |
| 83 | 187 | Arab Banking Corporation | Egypt | 0.0 | 4.0 | 0.5 | 5.0 | 2.5 | 0.0 | 1.5 | 1.5 | 2.0 | 4.5 | 2.0 | 5.0 | 2.24 |
| 84 | 176 | CFG Bank | Morocco | 0.0 | 5.0 | 4.0 | 0.0 | 0.0 | 5.0 | 0.0 | 0.0 | 4.5 | 5.0 | 4.5 | 4.0 | 2.20 |
| 85 | 177 | Agricultural Development Bank | Ghana | 0.0 | 4.5 | 4.0 | 5.0 | 2.0 | 5.0 | 4.0 | 0.5 | 2.5 | 3.0 | 0.0 | 4.0 | 2.19 |
| 86 | 182 | Family Bank | Kenya | 0.0 | 3.5 | 3.5 | 2.5 | 2.5 | 4.0 | 4.0 | 2.0 | 3.0 | 2.5 | 0.5 | 3.5 | 2.10 |
| 87 | 164 | Fidelity Bank | Ghana | 0.0 | 1.5 | 4.0 | 5.0 | 2.5 | 1.5 | 5.0 | 3.0 | 2.0 | 0.5 | 1.0 | 5.0 | 2.09 |
| 88 | 102 | Ecobank | Nigeria | 1.0 | 3.0 | 1.0 | 4.5 | 2.5 | 5.0 | 1.0 | 0.0 | 3.5 | 2.5 | 0.0 | 5.0 | 2.08 |
| 89 | 105 | Co-operative Bank | Kenya | 0.5 | 2.5 | 2.5 | 3.0 | 2.3 | 0.0 | 5.0 | 2.5 | 3.5 | 2.5 | 0.0 | 4.0 | 2.06 |
| 90 | 87 | Faisal Islamic Bank | Egypt | 1.0 | 2.0 | 2.5 | 5.0 | 2.5 | 1.5 | 5.0 | 4.0 | 0.5 | 0.0 | 0.0 | 5.0 | 2.01 |
| 91 | 136 | Polaris Bank | Nigeria | 0.5 | 3.0 | 1.5 | 5.0 | 2.3 | 0.0 | 5.0 | 1.5 | 1.0 | 3.0 | 0.0 | 3.0 | 1.94 |
| 92 | 190 | Prudential Bank | Ghana | 0.0 | 2.5 | 3.5 | 4.0 | 2.5 | 5.0 | 2.5 | 2.0 | 3.0 | 1.5 | 0.0 | 3.5 | 1.94 |
| 93 | 121 | Diamond Trust Bank | Kenya | 0.5 | 2.5 | 1.5 | 4.0 | 2.5 | 0.0 | 2.0 | 3.0 | 2.5 | 2.5 | 1.0 | 2.5 | 1.93 |
| 94 | 161 | African Bank | South Africa | 0.0 | 0.5 | 5.0 | 0.0 | 5.0 | 0.0 | 0.0 | 3.5 | 2.0 | 4.0 | 0.0 | 4.5 | 1.90 |
| 95 | 74 | CIH Bank | Morocco | 1.5 | 4.0 | 3.5 | 0.0 | 2.0 | 1.5 | 0.5 | 2.0 | 3.5 | 2.5 | 1.5 | 3.0 | 1.88 |
| 95 | 95 | Credit du Maroc | Morocco | 1.0 | 1.5 | 1.0 | 1.0 | 2.0 | 0.0 | 1.0 | 2.5 | 2.5 | 4.0 | 1.5 | 3.5 | 1.88 |
| 97 | 197 | Universal Merchant Bank | Ghana | 0.0 | 5.0 | 4.0 | 5.0 | 2.3 | 5.0 | 2.0 | 0.5 | 3.5 | 0.0 | 0.5 | 4.5 | 1.87 |
| 98 | 184 | Grindrod Bank | South Africa | 0.0 | 3.0 | 0.0 | 2.5 | 4.0 | 5.0 | 1.5 | 2.5 | 4.5 | 0.5 | 0.5 | 1.5 | 1.85 |
| 99 | 85 | BMCI | Morocco | 1.0 | 1.0 | 0.5 | 0.0 | 4.0 | 0.0 | 0.5 | 2.5 | 2.5 | 4.0 | 0.5 | 3.0 | 1.84 |
| 99 | 156 | Al Baraka Bank | Algeria | 0.0 | 1.0 | 1.5 | 2.5 | 0.0 | 0.0 | 4.5 | 5.0 | 2.5 | 2.0 | 1.5 | 5.0 | 1.84 |
| 101 | 114 | Emirates NBD | Egypt | 0.5 | 4.0 | 2.0 | 3.0 | 2.5 | 0.0 | 5.0 | 4.0 | 2.0 | 0.0 | 0.0 | 4.5 | 1.83 |
| 101 | 195 | Albaraka Bank | South Africa | 0.0 | 1.0 | 3.5 | 4.0 | 4.5 | 0.0 | 1.0 | 0.5 | 1.5 | 0.5 | 2.5 | 5.0 | 1.83 |
| 103 | 140 | BLOM Bank | Egypt | 0.0 | 1.5 | 0.5 | 5.0 | 2.5 | 0.0 | 5.0 | 5.0 | 1.0 | 0.0 | 0.0 | 5.0 | 1.81 |
| 104 | 183 | Sasfin Holdings | South Africa | 0.0 | 0.5 | 1.0 | 0.0 | 4.5 | 0.0 | 0.0 | 0.0 | 4.5 | 3.5 | 1.5 | 4.5 | 1.79 |
| 105 | 193 | BCP Bank | Mauritius | 0.0 | 0.5 | 0.5 | 2.0 | 3.5 | 0.0 | 0.0 | 0.0 | 3.5 | 3.5 | 1.5 | 5.0 | 1.75 |
| 106 | 66 | Societe Generale | Morocco | 1.5 | 2.0 | 1.0 | 0.0 | 0.0 | 0.0 | 2.0 | 3.0 | 3.0 | 4.0 | 0.5 | 2.0 | 1.60 |
| 107 | 153 | BNP Paribas | Algeria | 0.0 | 0.5 | 1.0 | 3.5 | 2.0 | 0.0 | 3.0 | 3.5 | 2.5 | 0.0 | 0.0 | 5.0 | 1.48 |
| 108 | 43 | Banque Nationale D'Algerie | Algeria | 3.0 | 2.0 | 0.5 | 0.0 | 0.0 | 0.0 | 1.5 | 5.0 | 1.0 | 0.0 | 0.0 | 5.0 | 1.40 |
| 109 | 155 | Gulf Bank | Algeria | 0.0 | 3.0 | 2.0 | 2.5 | 0.0 | 0.0 | 5.0 | 4.0 | 2.0 | 0.0 | 0.0 | 4.5 | 1.36 |
| 110 | 181 | Ecobank | Kenya | 0.0 | 3.5 | 5.0 | 5.0 | 2.0 | 2.0 | 0.0 | 0.0 | 2.0 | 0.0 | 0.0 | 5.0 | 1.34 |
| 111 | 148 | Keystone Bank | Nigeria | 0.0 | 5.0 | 5.0 | 5.0 | 0.0 | 0.0 | 1.0 | 0.0 | 2.0 | 0.0 | 0.0 | 4.5 | 1.08 |
| 112 | 154 | Standard Chartered | Mauritius | 0.0 | 0.5 | 2.5 | 5.0 | 0.0 | 0.0 | 0.0 | 2.5 | 2.0 | 0.0 | 0.0 | 5.0 | 1.04 |
Notes:
(1) 5 = Highest, 0 = Lowest.
(2) LDR = loan to deposit ratio. CAR = capital adequacy ratio. Profit = operating profit. ROA = return on assets. Costs = cost to income ratio. Fees = non-interest income to total operating income. Reserves = loan loss reserves to gross non-performing loans. NPLs = gross non-performing loan ratio. Liquidity = Liquid assets to total deposits and borrowings.
Source: TABInsights
Strongest banks in Africa in 2020
The Asian Banker has been publishing the world’s first authoritative annual ranking of the Strongest Banks in Asia Pacific since 2007 based on balance sheet strength. It uses a detailed and transparent scorecard to evaluate the ranking which entails six areas of balance sheet financial performance: the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity. The ranking has since been expanded to include banks in the Middle East, Africa, and Central Asia as well as Islamic banks globally.
In this year’s The Asian Banker Strongest Banks By Balance Sheet evaluation, Banque Misr, Egypt's second-largest bank, emerged as the strongest bank in Africa. This is based on a detailed and transparent scorecard that evaluates commercial banks and financial holding companies (banks) on six areas of balance sheet financial performance, namely the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity. This year, financial information in the first half of the financial year 2020 (1H FY2020) was collated and incorporated into the assessment of how banks performed during the COVID-19 pandemic.
Overall profitability of banks in Africa weakened, with the average return on assets (ROA) fall from 1.7% in 1H FY2019 to 1.15% in 1F FY2020. The banking sectors in the region continued to deliver mixed financial performances. Egyptian banks maintained the strongest asset quality and their average cost to income ratio remained the lowest. Ghanaian banks enjoyed the highest average ROA at 3.2% and also maintained robust capital levels, but the high level of non-performing loans is the main challenge they face. South African banks recorded the largest drop in average ROA from 1.75% to 0.7%. Kenyan banks achieved lower strength score than their regional peers. In addition to weak asset quality, they are also among the smallest banks in the region.
| Assets | Loans | Deposits | LDR | CAR | Profit | ROA | Costs | Fees | Reserves | NPLs | Liquidity | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Strength Rank 2020 | MEA200 Largest Banks 2020 | Bank | Country | Score (17.5%) | Score (2.5%) | Score (2.5%) | Score (7.5%) | Score (12.5%) | Score (5.0%) | Score (7.5%) | Score (7.5%) | Score (7.5%) | Score (12.5%) | Score (12.5%) | Score (5.0%) | Aggregate Strength Score 2020 |
| 1 | 18 | Banque Misr | Egypt | 4.5 | 1.0 | 2.0 | 5.0 | 2.0 | 5.0 | 4.5 | 5.0 | 3.0 | 5.0* | 3.5* | 5.0 | 3.99 |
| 2 | 9 | National Bank of Egypt # | Egypt | 4.5 | 3.5 | 3.0 | 5.0 | 2.0 | 5.0 | 4.0 | 4.5 | 1.0 | 5.0 | 3.5 | 5.0 | 3.85 |
| 3 | 6 | FirstRand | South Africa | 5.0 | 1.5 | 2.0 | 3.5 | 4.0 | 0.0 | 5.0 | 3.0 | 4.5 | 3.5 | 2.5 | 4.5** | 3.64 |
| 4 | 50 | Zenith Bank | Nigeria | 2.0 | 5.0 | 4.5 | 5.0 | 2.5 | 1.5 | 5.0 | 3.5 | 4.5 | 5.0 | 2.5 | 5.0 | 3.51 |
| 5 | 64 | Mauritius Commercial Bank | Mauritius | 1.5 | 1.0 | 3.0 | 4.0 | 4.5 | 2.0 | 5.0 | 5.0 | 3.5 | 5.0** | 2.5** | 4.5 | 3.50 |
| 6 | 43 | Commercial International Bank | Egypt | 2.5 | 2.5 | 1.5 | 5.0 | 2.5 | 2.5 | 5.0 | 5.0 | 0.5 | 5.0 | 2.5 | 5.0 | 3.33 |
| 7 | 4 | Standard Bank | South Africa | 5.0 | 2.5 | 3.5 | 3.5 | 4.0 | 0.0 | 1.0 | 1.5 | 5.0 | 3.5 | 2.0 | 5.0 | 3.29 |
| 8 | 48 | Access Bank | Nigeria | 2.5 | 3.0 | 2.5 | 4.5 | 2.5 | 1.0 | 5.0 | 1.0 | 5.0 | 5.0 | 2.5 | 4.5 | 3.26 |
| 9 | 82 | Stanbic IBTC Bank | Nigeria | 1.0 | 4.0 | 1.5 | 3.5 | 2.5 | 5.0 | 5.0 | 3.5 | 4.5 | 4.5 | 2.5 | 5.0 | 3.24 |
| 10 | 54 | United Bank for Africa | Nigeria | 2.0 | 4.5 | 5.0 | 5.0 | 2.5 | 0.0 | 4.5 | 1.5 | 4.0 | 5.0 | 2.5 | 5.0 | 3.21 |
| 11 | 78 | Capitec Bank | South Africa | 1.0 | 3.5 | 4.5 | 5.0 | 5.0 | 1.5 | 2.0 | 4.5 | 5.0 | 5.0 | 0.0 | 5.0 | 3.19 |
| 11 | 174 | Guaranty Trust Bank | Ghana | 0.0 | 5.0 | 4.5 | 5.0 | 5.0 | 1.5 | 5.0 | 5.0 | 5.0 | 1.0* | 3.0 | 5.0 | 3.19 |
| 13 | 159 | Citibank | Kenya | 0.0 | 4.5 | 2.0 | 5.0 | 2.5 | 0.0 | 5.0 | 4.5 | 4.0 | 5.0 | 3.5 | 5.0* | 3.18 |
| 14 | 135 | Al Ahli Bank of Kuwait | Egypt | 0.0 | 3.0 | 3.0 | 4.0 | 2.3 | 5.0 | 5.0 | 4.5 | 2.0 | 5.0 | 3.5 | 5.0 | 3.16 |
| 15 | 98 | SBM Bank | Mauritius | 1.0 | 2.0 | 3.5 | 5.0 | 4.5 | 4.0 | 2.5 | 4.5 | 4.0 | 3.5* | 1.5* | 5.0* | 3.15 |
| 16 | 53 | QNB ALAHLI | Egypt | 2.0 | 3.0 | 2.0 | 3.5 | 2.5 | 2.0 | 5.0 | 5.0 | 1.5 | 5.0 | 3.0 | 2.0 | 3.11 |
| 17 | 101 | NCBA Group | Kenya | 0.5 | 5.0 | 5.0 | 4.5 | 2.5 | 5.0 | 3.0 | 4.0 | 5.0 | 4.0* | 1.5* | 4.5 | 3.05 |
| 17 | 108 | AfrAsia Bank | Mauritius | 0.5 | 1.0 | 4.0 | 5.0 | 4.0 | 1.5 | 4.0 | 5.0 | 4.5 | 4.0** | 1.0** | 5.0** | 3.05 |
| 19 | 19 | Attijariwafa Bank | Morocco | 4.5 | 1.5 | 1.0 | 1.0 | 4.0 | 0.0 | 1.5 | 3.0 | 4.0 | 4.5 | 1.5 | 4.5 | 3.04 |
| 19 | 185 | First National Bank | Ghana | 0.0 | 5.0 | 5.0 | 4.0 | 2.5 | 3.0 | 3.0 | 0.0 | 4.0 | 5.0* | 5.0 | 5.0 | 3.04 |
| 21 | 97 | Union Bank | Nigeria | 1.0 | 3.0 | 2.5 | 5.0 | 2.5 | 5.0 | 3.0 | 1.0 | 4.5 | 5.0 | 2.0 | 5.0* | 3.01 |
| 21 | 133 | Ecobank | Ghana | 0.0 | 1.0 | 5.0 | 5.0 | 2.5* | 3.0 | 5.0 | 4.0 | 3.0 | 5.0* | 2.0* | 5.0* | 3.01 |
| 23 | 11 | Absa Group | South Africa | 4.5 | 2.0 | 3.0 | 0.5 | 4.0 | 1.0 | 0.5 | 2.5 | 4.5 | 3.5 | 2.0 | 5.0 | 3.00 |
| 23 | 69 | Guaranty Trust Bank | Nigeria | 1.5 | 4.0 | 4.0 | 5.0 | 2.5 | 0.0 | 5.0 | 4.0 | 4.0 | 3.0 | 2.0 | 5.0 | 3.00 |
| 25 | 16 | Nedbank | South Africa | 4.5 | 2.0 | 3.0 | 1.5 | 4.0 | 0.0 | 1.0 | 2.5 | 5.0 | 2.5 | 2.5 | 4.0 | 2.99 |
| 26 | 90 | Bank of Alexandria | Egypt | 1.0 | 3.5 | 1.5 | 5.0 | 2.5 | 0.0 | 5.0 | 4.5 | 1.5 | 5.0 | 2.5 | 4.5 | 2.98 |
| 26 | 123 | Credit Agricole | Egypt | 0.5 | 3.0 | 0.5 | 4.5 | 2.5 | 0.0 | 5.0 | 4.5 | 2.5 | 5.0 | 3.0 | 5.0 | 2.98 |
| 28 | 113 | National Bank of Kuwait | Egypt | 0.5 | 1.5 | 0.5 | 4.0 | 2.5 | 0.0 | 5.0 | 5.0 | 2.0 | 5.0 | 3.5 | 5.0 | 2.96 |
| 29 | 32 | Investec | South Africa | 3.5 | 1.5 | 1.5 | 3.0 | 4.0 | 0.0 | 1.0 | 2.0 | 4.0 | 2.5 | 3.5 | 5.0 | 2.94 |
| 29 | 122 | Housing and Development Bank | Egypt | 0.5 | 4.5 | 1.5 | 5.0 | 2.5 | 0.0 | 5.0 | 4.5 | 3.5 | 5.0 | 1.5 | 4.5 | 2.94 |
| 31 | 178 | ABC Banking Corporation | Mauritius | 0.0 | 4.5 | 0.5 | 5.0 | 4.5 | 1.5 | 5.0 | 3.5 | 3.0 | 3.5** | 2.0** | 4.5** | 2.91 |
| 32 | 142 | Stanbic Bank | Ghana | 0.0 | 4.0 | 5.0 | 5.0 | 5.0 | 0.5 | 5.0 | 3.0 | 4.0 | 2.5* | 1.5 | 5.0* | 2.90 |
| 33 | 100 | FCMB Group | Nigeria | 1.0 | 4.5 | 4.5 | 3.5 | 2.0* | 3.5 | 3.0 | 1.0 | 3.0 | 5.0* | 3.0 | 5.0* | 2.86 |
| 33 | 120 | Stanbic Holdings | Kenya | 0.5 | 1.0 | 4.0 | 4.5 | 4.5 | 0.0 | 4.5 | 3.5 | 4.5 | 3.5* | 1.0 | 5.0 | 2.86 |
| 35 | 128 | BLOM Bank | Egypt | 0.0 | 1.5 | 1.5 | 5.0 | 2.5 | 0.0 | 5.0 | 5.0 | 1.0 | 5.0 | 3.0 | 5.0 | 2.84 |
| 36 | 109 | Abu Dhabi Islamic Bank | Egypt | 0.5 | 4.5 | 3.5 | 4.0 | 1.8 | 0.0 | 5.0 | 4.5* | 1.5* | 5.0 | 3.0 | 4.0 | 2.83 |
| 37 | 103 | Bank Audi | Egypt | 0.5 | 0.5 | 2.0 | 5.0 | 2.5 | 1.5 | 5.0 | 5.0 | 2.0 | 4.0 | 2.0 | 5.0 | 2.81 |
| 38 | 104 | Al Baraka Bank | Egypt | 0.5 | 2.5 | 2.5 | 5.0 | 2.5 | 0.5 | 4.5 | 5.0 | 1.5 | 5.0 | 2.0 | 3.5 | 2.80 |
| 38 | 180 | Jaiz Bank | Nigeria | 0.0 | 5.0 | 4.5 | 5.0 | 4.5* | 5.0 | 4.0 | 1.5 | 4.0 | 2.5 | 1.0 | 4.5 | 2.80 |
| 40 | 152 | Zenith Bank | Ghana | 0.0 | 0.5 | 4.5 | 5.0 | 5.0 | 3.0 | 5.0 | 4.5 | 3.5 | 1.0* | 1.5 | 4.5 | 2.79 |
| 41 | 84 | Equity Group | Kenya | 1.0 | 4.0 | 3.5 | 3.5 | 2.5 | 1.5 | 5.0 | 3.5 | 4.0 | 3.5 | 1.0 | 5.0 | 2.76 |
| 42 | 85 | KCB Bank | Kenya | 1.0 | 2.0 | 3.5 | 3.0 | 2.3 | 1.5 | 5.0 | 4.5 | 3.5 | 3.5* | 2.0* | 4.0 | 2.76 |
| 43 | 94 | Fidelity Bank | Nigeria | 1.0 | 4.0 | 4.5 | 2.0 | 2.5 | 5.0 | 3.0 | 1.0 | 3.0 | 4.5 | 2.5 | 5.0 | 2.75 |
| 44 | 132 | GCB Bank | Ghana | 0.0 | 3.0 | 4.5 | 5.0 | 2.5 | 3.0 | 5.0 | 2.0 | 3.0 | 5.0* | 1.5 | 3.0* | 2.74 |
| 45 | 52 | FBN Holdings | Nigeria | 2.0 | 3.5 | 4.0 | 5.0 | 2.3 | 2.0 | 4.5 | 1.5 | 4.0 | 2.0 | 1.5 | 5.0 | 2.73 |
| 46 | 148 | Bank One | Mauritius | 0.0 | 2.5 | 5.0 | 5.0 | 4.5 | 1.0 | 0.0 | 3.5 | 3.0 | 4.5* | 2.0* | 5.0 | 2.73 |
| 47 | 24 | Banque Centrale Populaire | Morocco | 4.0 | 2.0 | 3.0 | 3.0 | 0.0 | 1.5 | 1.0 | 3.0 | 4.0 | 4.5 | 1.5 | 4.5 | 2.70 |
| 47 | 141 | Consolidated Bank | Ghana | 0.0 | 5.0 | 0.5 | 5.0 | 5.0 | 0.0 | 0.5 | 0.0 | 2.0 | 5.0* | 5.0 | 2.5 | 2.70 |
| 49 | 115 | Absa Bank | Mauritius | 0.5 | 2.5 | 3.0 | 4.5 | 5.0* | 0.0 | 1.0 | 2.0 | 2.0 | 4.0* | 3.0* | 5.0 | 2.69 |
| 50 | 31 | Bank of Africa | Morocco | 4.0 | 2.5 | 1.5 | 1.0 | 3.5 | 0.0 | 1.5 | 1.5 | 3.0 | 4.0 | 1.5 | 4.0 | 2.65 |
| 51 | 121 | Sterling Bank | Nigeria | 0.5 | 1.0 | 2.5 | 4.0 | 2.0 | 5.0 | 2.0 | 1.0 | 2.5 | 4.5* | 3.5 | 5.0 | 2.64 |
| 52 | 161 | Societe Generale | Ghana | 0.0 | 4.0 | 4.5 | 2.5 | 2.3 | 1.5 | 5.0 | 2.5 | 3.0 | 4.5* | 2.0 | 5.0 | 2.61 |
| 53 | 124 | Standard Chartered | Kenya | 0.5 | 3.0 | 3.0 | 5.0 | 2.5 | 0.0 | 5.0 | 3.0 | 3.5 | 3.0* | 1.5* | 5.0* | 2.60 |
| 54 | 158 | Access Bank | Ghana | 0.0 | 4.0 | 4.5 | 5.0 | 2.5 | 2.5 | 5.0 | 5.0 | 4.0 | 2.0* | 0.0 | 5.0* | 2.58 |
| 55 | 149 | Standard Chartered | Ghana | 0.0 | 4.0 | 3.5 | 5.0 | 2.5 | 2.0 | 5.0 | 4.5 | 4.0 | 2.5* | 0.0 | 5.0 | 2.55 |
| 56 | 139 | Absa Bank | Ghana | 0.0 | 3.5 | 2.0 | 3.0 | 2.5 | 1.5 | 5.0 | 4.5 | 3.5 | 2.5* | 2.0 | 5.0 | 2.54 |
| 56 | 160 | SBI | Mauritius | 0.0 | 1.5 | 4.0 | 3.0 | 5.0 | 0.0 | 2.0 | 4.0 | 3.0 | 3.0* | 2.0* | 5.0* | 2.54 |
| 58 | 194 | Guardian Bank | Kenya | 0.0 | 1.0 | 1.0 | 4.0 | 2.5 | 1.0 | 5.0 | 2.0 | 3.5 | 5.0* | 2.0* | 3.0* | 2.53 |
| 59 | 143 | Fidelity Bank | Ghana | 0.0 | 4.5 | 3.5 | 5.0 | 2.5 | 4.0 | 5.0 | 3.5 | 3.0 | 1.0* | 1.5* | 5.0* | 2.51 |
| 60 | 86 | Faisal Islamic Bank | Egypt | 1.0 | 0.5 | 2.5 | 5.0 | 2.5 | 0.0 | 4.5 | 3.5 | 0.5 | 3.5* | 2.0* | 4.5 | 2.49 |
| 60 | 165 | MauBank | Mauritius | 0.0 | 2.5 | 3.5 | 4.5 | 3.5 | 5.0 | 0.5 | 0.0 | 4.5 | 3.0** | 2.5** | 5.0** | 2.49 |
| 62 | 138 | Wema Bank | Nigeria | 0.0 | 4.0 | 5.0 | 5.0 | 1.8* | 0.0 | 1.0 | 0.0 | 4.5 | 5.0* | 3.0* | 5.0 | 2.48 |
| 63 | 145 | Investec Bank | Mauritius | 0.0 | 0.5 | 0.5 | 1.0 | 5.0 | 0.0 | 4.5 | 5.0 | 2.0 | 1.5 | 3.5 | 5.0 | 2.46 |
| 64 | 125 | Suez Canal Bank | Egypt | 0.5 | 3.5 | 0.5 | 5.0 | 2.0 | 3.5 | 2.0 | 4.0 | 3.5 | 4.0 | 0.0 | 5.0 | 2.45 |
| 65 | 116 | Absa Bank | Kenya | 0.5 | 2.5 | 2.0 | 2.5 | 2.3 | 1.0 | 1.0 | 3.5 | 3.5 | 5.0* | 2.0* | 5.0 | 2.44 |
| 66 | 183 | Guaranty Trust Bank | Kenya | 0.0 | 1.0 | 1.0 | 4.5 | 2.5 | 5.0 | 5.0 | 2.5 | 3.0 | 2.5* | 1.0* | 5.0* | 2.43 |
| 67 | 190 | FBNBank | Ghana | 0.0 | 5.0 | 5.0 | 5.0 | 2.5 | 4.5 | 5.0 | 3.5 | 1.5 | 2.0* | 0.0 | 5.0 | 2.41 |
| 68 | 195 | Banco Sabadell | Morocco | 0.0 | 3.0 | 0.5 | 0.0 | 0.0 | 2.0 | 4.5 | 3.0 | 4.0 | 4.5 | 4.0 | 5.0 | 2.36 |
| 69 | 102 | Co-operative Bank | Kenya | 0.5 | 2.0 | 3.5 | 3.5 | 2.3 | 0.0 | 5.0 | 3.0 | 3.5 | 3.0* | 1.0 | 4.5 | 2.36 |
| 70 | 153 | Unity Bank | Nigeria | 0.0 | 5.0 | 4.0 | 5.0 | 0.0 | 0.0 | 1.5 | 0.0 | 3.0 | 5.0* | 4.5* | 4.5 | 2.35 |
| 71 | 129 | I&M Bank | Kenya | 0.0 | 2.0 | 1.5 | 3.5 | 2.5 | 0.0 | 5.0 | 4.0 | 4.0 | 2.5* | 1.0* | 4.5* | 2.30 |
| 72 | 150 | Bank of Baroda | Kenya | 0.0 | 2.5 | 2.5 | 5.0 | 2.5 | 1.0 | 5.0 | 5.0 | 0.5 | 2.0 | 1.0 | 5.0 | 2.28 |
| 73 | 184 | Bank of Africa | Ghana | 0.0 | 4.5 | 3.5 | 3.0 | 2.5 | 0.0 | 5.0 | 3.5 | 3.5 | 3.0* | 0.0 | 5.0* | 2.26 |
| 74 | 177 | Universal Merchant Bank | Ghana | 0.0 | 1.5 | 4.5 | 5.0 | 2.5 | 5.0 | 3.5 | 0.5 | 4.0 | 2.5* | 0.0 | 5.0* | 2.25 |
| 75 | 156 | Prime Bank | Kenya | 0.0 | 1.5 | 2.0 | 5.0 | 2.5 | 0.5 | 5.0 | 3.0 | 3.5 | 1.5* | 1.5* | 4.0* | 2.24 |
| 75 | 176 | United Bank for Africa | Ghana | 0.0 | 4.5 | 1.0 | 5.0 | 2.5 | 0.5 | 5.0 | 5.0 | 2.5 | 2.0* | 0.0 | 4.0* | 2.24 |
| 77 | 170 | SBM Bank | Kenya | 0.0 | 5.0 | 2.5 | 5.0 | 4.5 | 0.0 | 0.5 | 0.0 | 5.0 | 3.5* | 0.0* | 5.0 | 2.23 |
| 78 | 119 | Diamond Trust Bank | Kenya | 0.5 | 2.0 | 1.0 | 3.5 | 2.5* | 0.0 | 4.0 | 3.5 | 3.0 | 2.5* | 2.0* | 2.5 | 2.21 |
| 79 | 192 | United Bank for Africa | Kenya | 0.0 | 3.5 | 5.0 | 5.0 | 2.5 | 5.0 | 5.0 | 3.5 | 3.5 | 0.0 | 0.0 | 3.0 | 2.20 |
| 80 | 173 | Prudential Bank | Ghana | 0.0 | 4.5 | 4.0 | 2.5 | 2.5 | 5.0 | 4.5 | 1.5 | 3.0 | 1.0* | 1.5 | 4.5 | 2.18 |
| 80 | 179 | First Atlantic Bank | Ghana | 0.0 | 0.5 | 3.0 | 5.0 | 5.0 | 4.5 | 5.0 | 2.5 | 4.0 | 0.0 | 0.0 | 0.0 | 2.18 |
| 82 | 187 | Victoria Commercial Bank | Kenya | 0.0 | 1.0 | 1.0 | 2.0 | 2.5 | 0.0 | 3.5 | 3.0 | 1.5 | 4.0* | 2.5* | 4.5 | 2.15 |
| 83 | 63 | AAIB | Egypt | 1.5 | 0.5 | 1.0 | 5.0 | 2.5* | 0.0 | 3.0 | 4.5 | 2.0 | 0.0 | 1.5* | 5.0 | 2.14 |
| 83 | 167 | Family Bank | Kenya | 0.0 | 3.5 | 4.0 | 2.5 | 2.5 | 5.0 | 4.5 | 1.5 | 3.5 | 2.0* | 0.5* | 3.5 | 2.14 |
| 85 | 169 | Bidvest Bank | South Africa | 0.0 | 3.0 | 4.0 | 5.0 | 5.0 | 0.0 | 5.0* | 1.0* | 1.5* | 0.0* | 1.0* | 5.0 | 2.11 |
| 86 | 157 | Sasfin Holdings | South Africa | 0.0 | 1.5 | 2.5 | 0.0 | 4.5 | 0.0 | 3.5 | 1.0 | 4.5 | 2.5 | 1.5 | 4.5 | 2.06 |
| 87 | 163 | Agricultural Development Bank | Ghana | 0.0 | 4.5 | 4.0 | 5.0 | 1.8 | 3.0 | 4.0 | 0.0 | 2.5 | 3.0* | 0.0 | 4.5 | 2.04 |
| 88 | 166 | CFG Bank | Morocco | 0.0 | 5.0 | 4.0 | 0.0 | 0.0 | 5.0 | 0.0 | 0.0 | 4.5 | 4.0 | 4.0 | 4.5 | 2.04 |
| 89 | 151 | CalBank | Ghana | 0.0 | 3.0 | 0.5 | 3.0 | 2.5 | 0.0 | 5.0 | 3.5 | 1.5 | 3.0* | 1.0 | 2.5* | 2.00 |
| 90 | 175 | BCP Bank | Mauritius | 0.0 | 2.0 | 3.0 | 0.5 | 3.5* | 0.0 | 0.0 | 0.0 | 3.0 | 4.5* | 2.5* | 5.0 | 1.95 |
| 91 | 95 | Credit du Maroc | Morocco | 1.0 | 1.5 | 1.5 | 1.0 | 2.0 | 0.0 | 0.5 | 2.5 | 2.5 | 4.5 | 1.5 | 3.5 | 1.91 |
| 92 | 83 | BMCI | Morocco | 1.0 | 1.5 | 0.5 | 0.0 | 4.0 | 0.0 | 0.5 | 2.5 | 2.5 | 4.0 | 0.5 | 2.5 | 1.83 |
| 92 | 111 | Emirates NBD | Egypt | 0.5 | 4.0 | 2.0 | 3.5 | 2.5* | 0.0 | 5.0 | 3.5 | 2.0 | 0.0 | 0.0 | 4.5 | 1.83 |
| 94 | 182 | Albaraka Bank | South Africa | 0.0 | 2.5 | 2.5 | 3.0 | 4.0 | 0.0 | 1.5 | 0.5 | 1.5 | 0.5 | 2.5 | 4.5* | 1.71 |
| 95 | 199 | Middle East Bank | Kenya | 0.0 | 5.0 | 5.0 | 3.0 | 2.5 | 0.0 | 2.0 | 1.0 | 5.0 | 1.0* | 0.5* | 2.0* | 1.68 |
| 96 | 146 | African Bank | South Africa | 0.0 | 1.0 | 0.0 | 0.0 | 5.0 | 0.0 | 0.0 | 3.5 | 2.0 | 4.5 | 0.0 | 0.0 | 1.63 |
| 97 | 181 | Bank of Africa | Kenya | 0.0 | 0.5 | 2.0 | 5.0 | 0.8 | 0.0 | 0.0 | 0.0 | 4.0 | 4.5* | 0.0* | 4.5 | 1.62 |
| 98 | 79 | CIH Bank | Morocco | 1.0 | 3.5 | 3.5 | 0.0 | 2.0 | 1.0 | 0.5 | 1.5 | 4.0 | 2.5 | 1.5 | 0.0 | 1.60 |
| 99 | 191 | Credit Bank | Kenya | 0.0 | 2.0 | 3.0 | 2.0 | 2.0 | 0.0 | 1.5 | 0.0 | 4.5 | 1.5* | 1.5* | 3.0* | 1.50 |
| 100 | 68 | Societe Generale | Morocco | 1.5 | 2.5 | 1.5 | 0.0 | 0.0 | 0.0 | 1.5 | 3.0 | 3.0 | 4.0 | 0.5 | 0.0 | 1.49 |
| 101 | 186 | Sidian Bank | Kenya | 0.0 | 3.5 | 2.5 | 2.5 | 2.3 | 0.0 | 0.0 | 0.0 | 4.0 | 2.5* | 0.0* | 4.5* | 1.46 |
| 102 | 196 | M Oriental Bank | Kenya | 0.0 | 0.5 | 1.5 | 3.5 | 2.5 | 0.0 | 0.5 | 0.0 | 5.0 | 1.5* | 0.0* | 4.5* | 1.45 |
| 103 | 198 | Access Bank | Kenya | 0.0 | 0.5 | 1.0 | 4.5 | 2.5 | 0.0 | 0.0 | 0.0 | 3.0 | 2.0* | 0.0* | 3.5 | 1.34 |
| 104 | 164 | Ecobank | Kenya | 0.0 | 3.5 | 5.0 | 5.0 | 2.0 | 0.0 | 0.5 | 0.0 | 2.5 | 0.0 | 0.0 | 5.0 | 1.31 |
| 105 | 188 | Gulf African Bank | Kenya | 0.0 | 1.0 | 1.0 | 2.5 | 2.3 | 5.0 | 1.0 | 0.0 | 3.0 | 0.0 | 0.0 | 4.5 | 1.29 |
| 106 | 193 | First Community Bank | Kenya | 0.0 | 3.0 | 1.0 | 4.5 | 0.5 | 4.5 | 0.5 | 0.0 | 4.0 | 0.0 | 0.0 | 4.5 | 1.29 |
| 107 | 155 | National Bank of Kenya | Kenya | 0.0 | 2.0 | 2.0 | 5.0 | 1.3 | 5.0 | 0.0 | 0.0 | 2.5 | 0.0 | 0.0 | 3.5 | 1.24 |
| 108 | 168 | Grindrod Bank | South Africa | 0.0 | 0.0 | 0.0 | 4.5* | 1.5 | 0.0 | 1.5* | 1.0* | 3.5* | 0.0* | 0.0* | 4.5* | 1.20 |
| 108 | 189 | African Banking Corporation | Kenya | 0.0 | 4.0 | 2.5 | 2.5 | 2.0 | 2.5 | 0.5 | 0.0 | 3.5 | 0.0 | 0.0 | 3.5 | 1.20 |
| 110 | 197 | Consolidated Bank | Kenya | 0.0 | 0.5 | 1.0 | 3.0 | 1.5 | 0.0 | 0.0 | 0.0 | 4.5 | 1.0* | 0.0* | 2.5 | 1.04 |
Notes:
(1) 5 = Highest, 0 = Lowest.
(2) * Based on data in FY2019. ** Based on data in FY2020. # Based on data in 2H FY2019.
(3) LDR = loan to deposit ratio. CAR = capital adequacy ratio. Profit = operating profit. ROA = return on assets. Costs = cost to income ratio. Fees = non-interest income to total operating income. Reserves = loan loss reserves to gross non-performing loans. NPLs = gross non-performing loan ratio. Liquidity = Liquid assets to total deposits and borrowings.
Source: TABInsights
Strongest banks in Africa in 2019
The Asian Banker has been publishing the world’s first authoritative annual ranking of the Strongest Banks in Asia Pacific since 2007 based on balance sheet strength. It uses a detailed and transparent scorecard to evaluate the ranking which entails six areas of balance sheet financial performance: the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity. The ranking has since been expanded to include banks in the Middle East, Africa, and Central Asia as well as Islamic banks globally.
In this year’s The Asian Banker Strongest Banks By Balance Sheet evaluation, FirstRand emerged as the strongest bank in Africa. This is based on a detailed and transparent scorecard that evaluates commercial banks and financial holding companies (banks) on six areas of balance sheet financial performance, namely the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity. In Africa, some weaker banks have been acquired following the consolidations, which has contributed to more resilient banking systems.
Banks in South Africa and Egypt achieved higher average strength scores than banks in other countries. The balance sheet growth of South African banks accelerated in 2018. In addition, they maintained adequate capitalisation and liquidity, and their asset quality remained sound. However, their average cost to income ratio stood at a high level of 58.1%, only lower than that of Nigeria. Egyptian banks maintained solid liquidity buffers. Their balance sheet growth decelerated in 2018, while overall capital levels increased slightly. The average cost to income ratio of Egyptian banks on the list increased from 27.5% in the prior year to 34.3%, but still the lowest in the region.
| Assets | Loans | Deposits | LDR | CAR | Profit | ROA | Costs | Fees | Reserves | NPLs | Liquidity | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Strength Rank 2019 | MEA200 Largest Banks 2019 | Bank | Country | Score (17.5%) | Score (2.5%) | Score (2.5%) | Score (7.5%) | Score (12.5%) | Score (5.0%) | Score (7.5%) | Score (7.5%) | Score (7.5%) | Score (12.5%) | Score (12.5%) | Score (5.0%) | Aggregate Strength Score 2019 |
| 1 | 6 | FirstRand | South Africa | 5.0 | 4.5 | 5.0 | 2.5 | 3.0 | 1.0 | 5.0 | 3.0 | 5.0 | 3.0 | 3.0 | 4.5 | 3.68 |
| 2 | 3 | Standard Bank | South Africa | 5.0 | 3.0 | 2.0 | 2.5 | 3.5 | 0.0 | 5.0 | 2.5 | 5.0 | 4.0 | 2.5 | 5.0 | 3.63 |
| 3 | 10 | National Bank of Egypt | Egypt | 4.5 | 3.5 | 3.5 | 5.0 | 1.3 | 0.0 | 1.5 | 4.5 | 3.5 | 5.0 | 3.5 | 5.0 | 3.52 |
| 4 | 48 | Commercial International Bank | Egypt | 2.0 | 4.0 | 3.0 | 5.0 | 2.3 | 4.5 | 5.0 | 5.0 | 1.5 | 5.0 | 2.5 | 4.5 | 3.43 |
| 5 | 19 | Banque Misr | Egypt | 4.0 | 4.5 | 4.5 | 5.0 | 1.0 | 0.0 | 1.0 | 4.5 | 3.5 | 5.0 | 3.0 | 5.0 | 3.35 |
| 6 | 193 | ABC Banking Corporation | Mauritius | 0.0 | 4.0 | 2.5 | 5.0 | 4.0 | 1.5 | 4.5 | 3.5 | 3.5 | 5.0 | 4.0 | 4.5 | 3.33 |
| 7 | 12 | Nedbank | South Africa | 4.5 | 2.0 | 2.0 | 1.5 | 3.0 | 1.5 | 4.5 | 2.5 | 5.0 | 3.0 | 3.0 | 3.5 | 3.28 |
| 8 | 85 | Capitec Bank | South Africa | 1.0 | 2.5 | 4.0 | 4.5 | 5.0 | 0.5 | 5.0 | 4.5 | 4.5 | 5.0 | 0.0 | 5.0 | 3.25 |
| 9 | 130 | Barclays Bank | Mauritius | 0.5 | 2.0 | 0.5 | 4.0 | 5.0 | 1.5 | 5.0 | 3.5 | 2.5 | 5.0 | 3.0 | 5.0 | 3.23 |
| 10 | 17 | Attijariwafa Bank | Morocco | 4.5 | 2.5 | 1.5 | 1.5 | 2.5 | 0.0 | 4.0 | 3.5 | 4.0 | 4.5 | 2.0 | 4.5 | 3.21 |
| 11 | 56 | QNB ALAHLI | Egypt | 1.5 | 4.0 | 3.0 | 4.0 | 2.0 | 3.0 | 5.0 | 5.0 | 2.0 | 5.0 | 3.5 | 2.0 | 3.20 |
| 12 | 77 | Guaranty Trust Bank | Nigeria | 1.0 | 0.5 | 2.5 | 5.0 | 2.5 | 1.0 | 5.0 | 4.5 | 4.0 | 5.0 | 2.0 | 5.0 | 3.13 |
| 13 | 51 | Zenith Bank | Nigeria | 2.0 | 0.5 | 2.0 | 5.0 | 2.5 | 0.0 | 5.0 | 3.5 | 4.0 | 5.0 | 1.5 | 5.0 | 3.10 |
| 14 | 125 | AfrAsia Bank | Mauritius | 0.5 | 2.0 | 4.0 | 5.0 | 3.5 | 3.5 | 1.5 | 5.0 | 5.0 | 4.0 | 2.0 | 5.0 | 3.09 |
| 15 | 135 | Credit Agricole | Egypt | 0.0 | 4.0 | 4.0 | 5.0 | 2.3 | 0.5 | 5.0 | 5.0 | 2.5 | 5.0 | 3.0 | 5.0 | 3.07 |
| 16 | 124 | Al Baraka Bank | Egypt | 0.5 | 3.5 | 4.0 | 5.0 | 1.3 | 3.0 | 5.0 | 5.0 | 2.0 | 5.0 | 2.5 | 5.0 | 3.04 |
| 17 | 105 | Bank of Alexandria | Egypt | 1.0 | 4.0 | 4.0 | 5.0 | 2.5 | 0.5 | 5.0 | 4.5 | 1.5 | 5.0 | 2.0 | 5.0 | 3.04 |
| 18 | 61 | Access Bank | Nigeria | 1.5 | 1.5 | 3.0 | 3.0 | 2.5 | 0.5 | 5.0 | 2.0 | 4.5 | 5.0 | 3.0 | 4.5 | 3.03 |
| 19 | 9 | Absa Group | South Africa | 4.5 | 3.0 | 2.0 | 0.0 | 3.5 | 0.0 | 4.0 | 2.0 | 4.5 | 3.0 | 2.0 | 4.5 | 2.99 |
| 20 | 110 | Stanbic IBTC Bank | Nigeria | 0.5 | 3.5 | 2.5 | 5.0 | 2.3 | 0.0 | 5.0 | 2.0 | 4.5 | 5.0 | 2.5 | 5.0 | 2.94 |
| 21 | 163 | Fidelity Bank | Ghana | 0.0 | 4.5 | 1.5 | 5.0 | 2.5 | 4.5 | 5.0 | 2.5 | 3.0 | 5.0 | 1.5 | 5.0 | 2.91 |
| 22 | 97 | HSBC Bank | Egypt | 1.0 | 4.5 | 3.5 | 5.0 | 1.5 | 1.0 | 5.0 | 5.0 | 2.5 | 4.0 | 1.5 | 5.0 | 2.86 |
| 23 | 113 | National Bank of Kuwait | Egypt | 0.5 | 3.0 | 5.0 | 3.5 | 2.0 | 1.0 | 5.0 | 5.0 | 2.5 | 3.5 | 3.0 | 5.0 | 2.85 |
| 23 | 140 | Abu Dhabi Islamic Bank | Egypt | 0.0 | 5.0 | 5.0 | 4.5 | 0.5 | 3.5 | 5.0 | 4.5 | 2.5 | 5.0 | 3.0 | 2.5 | 2.85 |
| 23 | 148 | GCB Bank | Ghana | 0.0 | 4.5 | 3.5 | 5.0 | 2.5 | 3.5 | 5.0 | 2.0 | 2.5 | 5.0 | 2.0 | 4.0 | 2.85 |
| 23 | 152 | Citibank | Nigeria | 0.0 | 3.0 | 0.5 | 5.0 | 2.5 | 0.0 | 5.0 | 5.0 | 3.5 | 5.0 | 3.5 | 0.0 | 2.85 |
| 23 | 168 | Bank One | Mauritius | 0.0 | 3.5 | 3.5 | 4.5 | 2.0 | 5.0 | 4.0 | 4.0 | 3.5 | 4.0 | 2.0 | 4.5 | 2.85 |
| 28 | 62 | United Bank for Africa | Nigeria | 1.5 | 2.0 | 4.0 | 5.0 | 2.5 | 0.0 | 5.0 | 2.0 | 3.5 | 3.5 | 2.0 | 5.0 | 2.83 |
| 29 | 137 | Stanbic Holdings | Kenya | 0.0 | 3.0 | 4.0 | 3.0 | 4.0 | 3.5 | 5.0 | 3.0 | 5.0 | 3.0 | 1.0 | 5.0 | 2.80 |
| 30 | 98 | Equity Group | Kenya | 1.0 | 2.5 | 3.0 | 3.5 | 2.5 | 0.5 | 5.0 | 3.0 | 3.5 | 4.0 | 2.0 | 5.0 | 2.78 |
| 31 | 187 | Bidvest Bank | South Africa | 0.0 | 3.0 | 4.5 | 5.0 | 5.0 | 0.0 | 5.0 | 0.5 | 1.0 | 2.0 | 4.5 | 5.0 | 2.74 |
| 31 | 200 | HBZ Bank | South Africa | 0.0 | 3.5 | 2.5 | 5.0 | 3.5 | 0.5 | 5.0 | 2.5 | 2.5 | 2.5 | 3.5 | 5.0 | 2.74 |
| 33 | 162 | Al Ahli Bank of Kuwait | Egypt | 0.0 | 5.0 | 5.0 | 4.0 | 2.0 | 5.0 | 5.0 | 3.5 | 2.5 | 2.0 | 3.0 | 4.0 | 2.70 |
| 34 | 126 | Egyptian Gulf Bank | Egypt | 0.5 | 2.5 | 2.5 | 5.0 | 1.5 | 0.5 | 2.0 | 4.0 | 1.5 | 5.0 | 3.5 | 4.5 | 2.65 |
| 34 | 160 | Standard Bank | Mauritius | 0.0 | 5.0 | 4.5 | 5.0 | 5.0 | 3.0 | 5.0 | 4.5 | 4.0 | 0.0 | 0.0 | 5.0 | 2.65 |
| 34 | 175 | Mercantile Bank | South Africa | 0.0 | 2.0 | 3.0 | 1.5 | 5.0 | 2.0 | 5.0 | 2.5 | 4.0 | 2.5 | 2.5 | 4.0 | 2.65 |
| 37 | 197 | Guaranty Trust Bank | Ghana | 0.0 | 2.5 | 3.0 | 5.0 | 2.5 | 4.5 | 5.0 | 4.5 | 5.0 | 1.5 | 2.5 | 0.0 | 2.64 |
| 38 | 87 | KCB Group | Kenya | 1.0 | 2.5 | 2.0 | 2.5 | 2.5 | 0.5 | 5.0 | 3.5 | 3.5 | 3.5 | 2.0 | 4.5 | 2.63 |
| 39 | 25 | Banque Centrale Populaire | Morocco | 4.0 | 2.5 | 1.5 | 2.0 | 0.0 | 0.0 | 2.5 | 2.5 | 4.0 | 4.5 | 1.5 | 4.5 | 2.60 |
| 40 | 34 | BMCE | Morocco | 3.5 | 1.5 | 1.0 | 1.5 | 2.0 | 0.0 | 2.5 | 2.5 | 3.0 | 4.0 | 1.5 | 4.0 | 2.53 |
| 41 | 186 | SBM Bank | Kenya | 0.0 | 5.0 | 5.0 | 5.0 | 5.0 | 0.0 | 5.0 | 0.0 | 3.0 | 3.5 | 0.0 | 4.5 | 2.51 |
| 42 | 150 | NIC Group | Kenya | 0.0 | 1.5 | 1.5 | 2.5 | 5.0 | 1.5 | 5.0 | 4.0 | 2.5 | 2.5 | 1.0 | 4.5 | 2.49 |
| 42 | 178 | SBI | Mauritius | 0.0 | 0.5 | 0.5 | 0.5 | 5.0 | 0.5 | 5.0 | 5.0 | 2.0 | 3.0 | 2.0 | 5.0 | 2.49 |
| 44 | 107 | Fidelity Bank | Nigeria | 0.5 | 3.0 | 4.5 | 2.0 | 2.0 | 0.0 | 4.5 | 1.0 | 3.5 | 5.0 | 2.0 | 5.0 | 2.48 |
| 44 | 184 | Access Bank | Ghana | 0.0 | 1.0 | 3.5 | 5.0 | 2.5 | 5.0 | 4.5 | 3.0 | 4.0 | 2.5 | 0.0 | 5.0 | 2.48 |
| 46 | 104 | SBM Bank | Mauritius | 1.0 | 1.0 | 1.5 | 4.5 | 3.5 | 3.0 | 0.5 | 5.0 | 3.5 | 2.0 | 1.0 | 5.0 | 2.46 |
| 47 | 167 | Bank of Baroda | Kenya | 0.0 | 1.5 | 5.0 | 5.0 | 2.5 | 0.5 | 5.0 | 5.0 | 0.5 | 3.0 | 1.5 | 4.5 | 2.45 |
| 48 | 171 | CalBank | Ghana | 0.0 | 4.5 | 4.5 | 3.0 | 2.3 | 1.0 | 5.0 | 4.0 | 2.0 | 3.5 | 1.5 | 3.5 | 2.41 |
| 49 | 117 | FCMB Group | Nigeria | 0.5 | 1.5 | 4.0 | 3.0 | 1.5 | 0.0 | 3.5 | 1.0 | 4.0 | 5.0 | 2.0 | 5.0 | 2.40 |
| 49 | 190 | Republic Bank | Ghana | 0.0 | 5.0 | 4.5 | 5.0 | 2.5 | 4.0 | 4.0 | 1.5 | 4.0 | 2.5 | 0.0 | 5.0 | 2.40 |
| 51 | 180 | Citibank | Kenya | 0.0 | 0.5 | 0.5 | 5.0 | 2.5 | 0.0 | 5.0 | 4.5 | 4.5 | 0.0 | 3.0 | 5.0 | 2.39 |
| 52 | 169 | Zenith Bank | Ghana | 0.0 | 1.0 | 1.0 | 5.0 | 2.5 | 3.5 | 5.0 | 4.0 | 3.0 | 4.0 | 0.5 | 0.0 | 2.38 |
| 52 | 176 | Prime Bank | Kenya | 0.0 | 1.0 | 4.5 | 5.0 | 2.5 | 0.0 | 5.0 | 3.0 | 3.5 | 1.5 | 2.0 | 5.0 | 2.38 |
| 54 | 142 | I&M Bank | Kenya | 0.0 | 3.0 | 5.0 | 3.0 | 2.3 | 1.0 | 5.0 | 5.0 | 3.5 | 2.5 | 0.5 | 4.5 | 2.37 |
| 55 | 122 | Diamond Trust Bank | Kenya | 0.5 | 1.5 | 2.0 | 4.0 | 2.5 | 0.0 | 5.0 | 3.5 | 2.0 | 3.0 | 2.0 | 3.0 | 2.35 |
| 56 | 198 | First Atlantic Bank | Ghana | 0.0 | 5.0 | 0.5 | 5.0 | 2.5 | 3.5 | 3.5 | 1.0 | 5.0 | 2.5 | 0.5 | 5.0 | 2.34 |
| 57 | 138 | Standard Chartered | Kenya | 0.0 | 1.0 | 1.5 | 5.0 | 2.3 | 0.0 | 5.0 | 3.0 | 3.5 | 3.0 | 1.0 | 5.0 | 2.33 |
| 58 | 164 | Wema Bank | Nigeria | 0.0 | 3.5 | 5.0 | 4.0 | 1.8 | 5.0 | 2.0 | 0.5 | 3.5 | 3.5 | 2.0 | 4.0 | 2.32 |
| 59 | 52 | FBN Holdings | Nigeria | 2.0 | 0.5 | 2.5 | 5.0 | 1.0 | 0.0 | 3.5 | 2.0 | 3.5 | 3.5 | 0.0 | 5.0 | 2.29 |
| 60 | 166 | Standard Chartered | Ghana | 0.0 | 1.0 | 4.5 | 5.0 | 2.5 | 0.0 | 5.0 | 4.0 | 3.5 | 2.0 | 0.0 | 5.0 | 2.26 |
| 61 | 103 | Ecobank | Nigeria | 1.0 | 1.5 | 3.5 | 4.0 | 1.3 | 0.0 | 4.5 | 2.0 | 4.0 | 3.0 | 0.5 | 5.0 | 2.23 |
| 62 | 179 | Grindrod Bank | South Africa | 0.0 | 2.5 | 0.5 | 4.5 | 0.0 | 0.5 | 4.0 | 2.5 | 2.5 | 3.5 | 4.0 | 3.5 | 2.23 |
| 63 | 156 | Union National Bank | Egypt | 0.0 | 4.5 | 3.0 | 5.0 | 1.3 | 1.5 | 2.0 | 5.0 | 2.5 | 3.0 | 1.5 | 3.0 | 2.22 |
| 64 | 185 | Societe Generale | Ghana | 0.0 | 4.0 | 2.5 | 3.0 | 2.5 | 0.0 | 5.0 | 2.5 | 3.5 | 3.5 | 0.0 | 5.0 | 2.21 |
| 65 | 149 | Ecobank | Ghana | 0.0 | 5.0 | 3.5 | 5.0 | 2.3 | 2.0 | 5.0 | 3.0 | 3.5 | 1.0 | 0.0 | 5.0 | 2.21 |
| 66 | 95 | Credit du Maroc | Morocco | 1.0 | 2.0 | 1.0 | 1.0 | 1.5 | 2.0 | 3.5 | 2.5 | 2.5 | 4.5 | 1.5 | 4.0 | 2.20 |
| 66 | 182 | MauBank | Mauritius | 0.0 | 0.5 | 1.0 | 5.0 | 4.0 | 5.0 | 0.5 | 0.0 | 4.0 | 2.0 | 2.0 | 4.0 | 2.20 |
| 68 | 108 | SAIB | Egypt | 0.5 | 1.0 | 1.5 | 5.0 | 0.0 | 0.0 | 0.0 | 2.0 | 2.5 | 5.0 | 4.0 | 4.0 | 2.19 |
| 69 | 165 | Stanbic Bank | Ghana | 0.0 | 4.5 | 4.5 | 4.5 | 2.3 | 0.5 | 5.0 | 3.0 | 4.5 | 1.0 | 0.0 | 5.0 | 2.18 |
| 70 | 127 | HSBC Bank | Mauritius | 0.5 | 1.5 | 0.5 | 3.0 | 5.0 | 3.0 | 3.5 | 5.0 | 1.5 | 0.0 | 0.0 | 5.0 | 2.14 |
| 71 | 129 | Standard Chartered | Nigeria | 0.5 | 0.5 | 0.5 | 5.0 | 2.5 | 0.0 | 5.0 | 3.5 | 4.0 | 1.0 | 0.0 | 5.0 | 2.11 |
| 72 | 191 | BCP Bank | Mauritius | 0.0 | 3.0 | 2.5 | 0.0 | 3.5 | 5.0 | 0.0 | 0.0 | 4.0 | 4.0 | 2.0 | 4.0 | 2.08 |
| 73 | 102 | Faisal Islamic Bank | Egypt | 1.0 | 3.5 | 3.0 | 5.0 | 2.0 | 2.5 | 5.0 | 3.5 | 1.0 | 0.0 | 0.0 | 5.0 | 2.05 |
| 74 | 68 | AAIB | Egypt | 1.5 | 1.5 | 1.0 | 5.0 | 0.0 | 1.5 | 5.0 | 5.0 | 3.5 | 0.0 | 0.0 | 5.0 | 2.04 |
| 75 | 196 | Albaraka Bank | South Africa | 0.0 | 2.0 | 3.5 | 2.5 | 3.5 | 1.0 | 3.0 | 1.0 | 2.0 | 0.5 | 3.5 | 4.5 | 1.99 |
| 76 | 174 | Sasfin Holdings | South Africa | 0.0 | 4.0 | 1.0 | 0.0 | 4.0 | 1.0 | 2.5 | 1.0 | 4.0 | 2.0 | 2.0 | 4.5 | 1.96 |
| 77 | 120 | Bank Audi | Egypt | 0.5 | 2.5 | 4.5 | 5.0 | 0.0 | 3.5 | 5.0 | 5.0 | 2.0 | 0.0 | 0.0 | 4.5 | 1.94 |
| 78 | 143 | Commercial Bank of Africa | Kenya | 0.0 | 2.5 | 1.0 | 4.5 | 1.8 | 0.5 | 5.0 | 3.0 | 5.0 | 0.0 | 0.0 | 4.0 | 1.84 |
| 79 | 114 | Union Bank | Nigeria | 0.5 | 1.0 | 2.0 | 5.0 | 2.0 | 0.0 | 4.0 | 0.0 | 4.0 | 1.5 | 0.0 | 5.0 | 1.83 |
| 79 | 181 | Arab Banking Corporation | Egypt | 0.0 | 3.5 | 2.0 | 5.0 | 2.5 | 0.0 | 4.5 | 3.0 | 2.5 | 0.0 | 0.0 | 5.0 | 1.83 |
| 81 | 131 | Emirates NBD | Egypt | 0.5 | 4.5 | 2.5 | 4.0 | 1.5 | 0.0 | 5.0 | 4.0 | 2.5 | 0.0 | 0.0 | 4.0 | 1.81 |
| 82 | 155 | Barclays Bank | Ghana | 0.0 | 5.0 | 5.0 | 4.0 | 0.0 | 0.5 | 5.0 | 4.5 | 3.5 | 0.0 | 0.0 | 5.0 | 1.80 |
| 83 | 74 | Mauritius Commercial Bank | Mauritius | 1.5 | 4.0 | 2.0 | 4.0 | 0.0 | 1.5 | 5.0 | 4.5 | 3.5 | 0.0 | 0.0 | 0.0 | 1.76 |
| 84 | 73 | Societe Generale | Morocco | 1.5 | 3.5 | 1.5 | 0.0 | 0.0 | 1.5 | 3.5 | 3.0 | 3.0 | 4.0 | 0.5 | 0.0 | 1.74 |
| 85 | 141 | Suez Canal Bank | Egypt | 0.0 | 4.5 | 4.0 | 5.0 | 1.5 | 0.5 | 2.5 | 3.0 | 3.5 | 0.0 | 0.0 | 5.0 | 1.73 |
| 86 | 88 | CIH Bank | Morocco | 1.0 | 3.5 | 3.5 | 0.0 | 1.0 | 4.0 | 2.0 | 2.5 | 3.5 | 2.0 | 1.5 | 0.0 | 1.71 |
| 87 | 177 | Al Salam Bank | Algeria | 0.0 | 5.0. | 5.0 | 0.0 | 0.0 | 5.0 | 5.0 | 4.5 | 3.5 | 0.0 | 0.0 | 4.5 | 1.70 |
| 88 | 134 | Sterling Bank | Nigeria | 0.5 | 2.0 | 3.0 | 2.5 | 1.3 | 0.0 | 2.0 | 0.0 | 3.5 | 2.0 | 2.0 | 4.5 | 1.69 |
| 89 | 145 | Standard Chartered | Mauritius | 0.0 | 4.0 | 3.5 | 4.0 | 0.0 | 2.0 | 5.0 | 4.0 | 1.5 | 0.0 | 0.0 | 5.0 | 1.63 |
| 90 | 183 | United Bank for Africa | Ghana | 0.0 | 0.5 | 1.0 | 5.0 | 0.0 | 0.0 | 5.0 | 5.0 | 2.5 | 0.0 | 0.0 | 5.0 | 1.60 |
| 91 | 195 | Bank of Africa | Kenya | 0.0 | 0.5 | 0.5 | 3.5 | 1.5 | 2.5 | 1.0 | 0.0 | 5.0 | 2.5 | 0.0 | 4.5 | 1.59 |
| 92 | 132 | Barclays Bank | Kenya | 0.5 | 2.0 | 3.0 | 2.0 | 2.0 | 1.0 | 5.0 | 3.0 | 3.5 | 0.0 | 0.0 | 0.0 | 1.53 |
| 93 | 194 | Prudential Bank | Ghana | 0.0 | 4.0 | 4.0 | 4.5 | 0.8 | 0.0 | 1.0 | 0.5 | 3.5 | 2.0 | 0.0 | 4.5 | 1.48 |
| 94 | 188 | Family Bank | Kenya | 0.0 | 1.5 | 1.0 | 1.5 | 2.3 | 5.0 | 1.0 | 0.5 | 3.5 | 1.5 | 0.0 | 2.5 | 1.39 |
| 95 | 83 | BMCI | Morocco | 1.0 | 2.0 | 2.0 | 0.0 | 3.0 | 0.0 | 2.0 | 2.5 | 2.5 | 0.0 | 0.0 | 3.0 | 1.33 |
| 96 | 192 | Ecobank | Kenya | 0.0 | 0.5 | 1.0 | 5.0 | 2.3 | 0.0 | 0.5 | 0.0 | 4.0 | 0.0 | 0.0 | 5.0 | 1.28 |
| 97 | 170 | National Bank of Kenya | Kenya | 0.0 | 1.0 | 1.5 | 5.0 | 0.3 | 0.0 | 0.5 | 1.0 | 2.0 | 2.0 | 0.0 | 4.5 | 1.21 |
| 98 | 189 | Unity Bank | Nigeria | 0.0 | 5.0 | 0.5 | 5.0 | 0.0 | 0.0 | 1.5 | 0.0 | 4.0 | 0.0 | 0.0 | 4.0 | 1.13 |
| 99 | 69 | Credit Agricole | Morocco | 1.5 | 3.0 | 2.5 | 0.5 | 1.3 | 0.0 | 1.5 | 2.5 | 1.0 | 0.0 | 0.0 | 3.0 | 1.12 |
| 100 | 199 | Guaranty Trust Bank | Kenya | 0.0 | 1.0 | 1.5 | 4.0 | 2.5 | 2.5 | 0.5 | 0.5 | 3.0 | 0.0 | 0.0 | 0.0 | 1.10 |
Notes:
(1) 5 = Highest, 0 = Lowest.
2) LDR = loan to deposit ratio. CAR = capital adequacy ratio. Profit = operating profit. ROA = return on assets. Costs = cost to income ratio. Fees = non-interest income to total operating income. Reserves = loan loss reserves to gross non-performing loans. NPLs = gross non-performing loan ratio. Liquidity = Liquid assets to total deposits and borrowings.
Source: TABInsights
Strongest banks in Africa in 2018
The Asian Banker has been publishing the world’s first authoritative annual ranking of the Strongest Banks in Asia Pacific since 2007 based on balance sheet strength. It uses a detailed and transparent scorecard to evaluate the ranking which entails six areas of balance sheet financial performance: the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity. The ranking has since been expanded to include banks in the Middle East, Africa, and Central Asia as well as Islamic banks globally.
In this year’s The Asian Banker Strongest Banks By Balance Sheet evaluation, National Bank of Egypt retained the strongest bank ranking in Africa. This is based on a detailed and transparent scorecard that evaluates commercial banks and financial holding companies (banks) on six areas of balance sheet financial performance, namely the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity.
Egyptian banks continued to deliver robust financial performance, especially in the areas of balance sheet growth, asset quality and liquidity. They are funded by stable and low-cost domestic deposits and the average cost to income ratio of Egyptian banks on the list was only 28%, the lowest among banks in Africa. Their overall capitalisation experienced some improvement in 2017, although capital buffers for Egyptian banks are still relatively weak. The continued sluggish economic growth and ongoing political uncertainty and problems with state-owned enterprises in South Africa exerted a substantial impact on the financial performance of South African banks, which used to dominate. The balance sheet growth of South African banks remained in the low single digits. Meanwhile, they recorded low operating profit growth at 4.5%, despite improvement in net interest margins and impairment charges.
| Assets | Loans | Deposits | LDR | CAR | Profit | ROA | Costs | Fees | Reserves | NPLs | Liquidity | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Strength Rank 2018 | MEA200 Largest Banks 2018 | Bank | Country | Score (17.5%) | Score (2.5%) | Score (2.5%) | Score (10.0%) | Score (10.0%) | Score (5.0%) | Score (7.5%) | Score (7.5%) | Score (7.5%) | Score (12.5%) | Score (12.5%) | Score (5.0%) | Aggregate Strength Score 2018 |
| 1 | 11 | National Bank of Egypt | Egypt | 4.5 | 5.0 | 5.0 | 5.0 | 3.5 | 4.0 | 4.0 | 5.0 | 2.0 | 5.0 | 3.5 | 5.0 | 4.23 |
| 2 | 23 | Banque Misr | Egypt | 4.0 | 5.0 | 5.0 | 5.0 | 4.0 | 4.5 | 4.0 | 5.0 | 3.0 | 5.0 | 2.5 | 5.0 | 4.16 |
| 3 | 56 | Zenith Bank | Nigeria | 2.0 | 1.0 | 3.5 | 4.5 | 5.0 | 5.0 | 5.0 | 4.0 | 5.0 | 5.0 | 2.5 | 5.0 | 3.90 |
| 4 | 166 | Standard Bank | Mauritius | 0.0 | 5.0 | 0.5 | 5.0 | 5.0 | 5.0 | 4.5 | 4.0 | 4.5 | 5.0 | 4.5 | 5.0 | 3.80 |
| 5 | 7 | FirstRand | South Africa | 4.5 | 3.0 | 2.0 | 2.5 | 4.0 | 1.5 | 5.0 | 3.0 | 5.0 | 3.5 | 3.0 | 4.0 | 3.63 |
| 6 | 112 | Bank of Alexandria | Egypt | 0.5 | 3.0 | 4.5 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 2.0 | 5.0 | 2.5 | 5.0 | 3.61 |
| 6 | 159 | Citibank | Nigeria | 0.0 | 1.0 | 0.5 | 5.0 | 5.0 | 1.5 | 5.0 | 5.0 | 5.0 | 5.0 | 4.0 | 5.0 | 3.61 |
| 8 | 54 | Commercial International Bank | Egypt | 2.0 | 2.5 | 2.0 | 5.0 | 5.0 | 3.0 | 5.0 | 5.0 | 2.0 | 5.0 | 2.0 | 4.0 | 3.59 |
| 8 | 66 | AAIB | Egypt | 1.5 | 4.0 | 4.5 | 5.0 | 4.5 | 0.0 | 5.0 | 5.0 | 3.0 | 5.0 | 2.5 | 5.0 | 3.59 |
| 10 | 3 | Standard Bank | South Africa | 5.0 | 2.0 | 1.5 | 2.5 | 4.0 | 1.5 | 5.0 | 2.5 | 4.5 | 3.0 | 2.5 | 5.0 | 3.53 |
| 11 | 63 | QNB ALAHLI | Egypt | 1.5 | 4.5 | 3.5 | 4.5 | 4.0 | 1.0 | 5.0 | 5.0 | 2.0 | 5.0 | 3.5 | 3.0 | 3.48 |
| 12 | 121 | Stanbic IBTC Bank | Nigeria | 0.5 | 2.5 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 2.5 | 4.0 | 5.0 | 1.5 | 5.0 | 3.45 |
| 12 | 141 | Credit Agricole | Egypt | 0.0 | 1.5 | 0.5 | 5.0 | 5.0 | 3.5 | 5.0 | 5.0 | 3.0 | 5.0 | 3.0 | 5.0 | 3.45 |
| 14 | 154 | BLOM Bank | Egypt | 0.0 | 5.0 | 4.5 | 5.0 | 4.0 | 3.5 | 5.0 | 5.0 | 1.5 | 4.5 | 3.5 | 4.0 | 3.38 |
| 15 | 87 | Capitec Bank | South Africa | 1.0 | 3.0 | 4.0 | 3.5 | 5.0 | 1.5 | 5.0 | 4.5 | 4.0 | 5.0 | 2.0 | 4.0 | 3.36 |
| 16 | 100 | SBM Bank | Mauritius | 1.0 | 5.0 | 4.5 | 3.5 | 3.5 | 2.0 | 5.0 | 4.0 | 3.5 | 5.0 | 3.0 | 4.0 | 3.35 |
| 16 | 125 | Standard Chartered | Nigeria | 0.5 | 4.0 | 2.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 4.0 | 3.0 | 1.5 | 5.0 | 3.35 |
| 18 | 18 | Attijariwafa Bank | Morocco | 4.5 | 2.5 | 2.5 | 1.5 | 3.5 | 1.5 | 4.5 | 3.5 | 4.5 | 3.5 | 2.0 | 4.0 | 3.31 |
| 18 | 130 | Egyptian Gulf Bank | Egypt | 0.5 | 4.5 | 3.0 | 5.0 | 4.5 | 0.5 | 2.5 | 4.0 | 2.5 | 5.0 | 4.5 | 4.0 | 3.31 |
| 20 | 110 | SAIB | Egypt | 0.5 | 4.5 | 3.0 | 5.0 | 4.5 | 0.0 | 2.0 | 4.0 | 3.0 | 5.0 | 4.5 | 3.5 | 3.26 |
| 20 | 198 | ABC Banking Corporation | Mauritius | 0.0 | 3.5 | 1.0 | 5.0 | 4.0 | 1.5 | 4.0 | 4.0 | 3.5 | 5.0 | 3.5 | 5.0 | 3.26 |
| 22 | 131 | Bank Audi | Egypt | 0.5 | 1.5 | 1.5 | 4.5 | 4.5 | 0.0 | 5.0 | 4.5 | 2.0 | 5.0 | 4.0 | 3.5 | 3.23 |
| 23 | 136 | Al Baraka Bank | Egypt | 0.0 | 1.5 | 4.0 | 5.0 | 4.0 | 4.5 | 4.5 | 5.0 | 2.0 | 5.0 | 2.0 | 4.0 | 3.20 |
| 24 | 160 | Union National Bank | Egypt | 0.0 | 4.0 | 4.0 | 5.0 | 5.0 | 5.0 | 4.5 | 5.0 | 2.5 | 4.0 | 1.5 | 3.0 | 3.19 |
| 25 | 10 | Nedbank | South Africa | 4.5 | 2.0 | 1.0 | 1.0 | 4.0 | 0.0 | 4.5 | 2.0 | 5.0 | 3.0 | 3.0 | 3.5 | 3.15 |
| 26 | 71 | United Bank for Africa | Nigeria | 1.5 | 3.5 | 2.5 | 4.5 | 5.0 | 2.0 | 5.0 | 2.5 | 4.0 | 2.5 | 2.0 | 5.0 | 3.14 |
| 26 | 126 | National Bank of Kuwait | Egypt | 0.5 | 5.0 | 2.0 | 2.5 | 5.0 | 4.5 | 5.0 | 5.0 | 2.5 | 4.0 | 2.5 | 3.0 | 3.14 |
| 28 | 174 | Zenith Bank | Ghana | 0.0 | 0.5 | 4.5 | 5.0 | 5.0 | 2.0 | 5.0 | 4.5 | 3.0 | 4.0 | 2.0 | 4.0 | 3.11 |
| 29 | 149 | Abu Dhabi Islamic Bank | Egypt | 0.0 | 3.0 | 4.0 | 5.0 | 4.0 | 0.0 | 5.0 | 4.0 | 2.5 | 5.0 | 3.0 | 2.5 | 3.06 |
| 30 | 80 | Mauritius Commercial Bank | Mauritius | 1.0 | 2.5 | 2.0 | 4.5 | 4.5 | 1.0 | 5.0 | 4.5 | 4.0 | 2.5 | 2.0 | 4.0 | 3.01 |
| 31 | 176 | Citibank | Kenya | 0.0 | 5.0 | 1.0 | 5.0 | 5.0 | 1.0 | 5.0 | 5.0 | 4.5 | 1.0 | 2.5 | 5.0 | 2.98 |
| 32 | 70 | Access Bank | Nigeria | 1.5 | 3.5 | 2.0 | 2.0 | 5.0 | 0.5 | 5.0 | 2.0 | 5.0 | 3.0 | 2.5 | 5.0 | 2.96 |
| 33 | 6 | Barclays Africa Group | South Africa | 4.5 | 2.5 | 1.0 | 0.0 | 4.0 | 0.0 | 4.0 | 2.0 | 4.5 | 3.0 | 2.5 | 4.0 | 2.95 |
| 34 | 164 | Grindrod Bank | South Africa | 0.0 | 4.5 | 2.5 | 5.0 | 3.5 | 1.5 | 3.5 | 3.0 | 4.5 | 2.0 | 4.0 | 5.0 | 2.93 |
| 34 | 179 | Bank of Baroda | Kenya | 0.0 | 4.0 | 3.0 | 5.0 | 5.0 | 2.5 | 5.0 | 5.0 | 1.0 | 3.0 | 2.0 | 3.5 | 2.93 |
| 36 | 138 | Standard Chartered | Kenya | 0.0 | 2.0 | 3.5 | 5.0 | 5.0 | 0.0 | 5.0 | 3.5 | 3.5 | 3.5 | 1.5 | 5.0 | 2.91 |
| 37 | 135 | AfrAsia Bank | Mauritius | 0.0 | 4.5 | 3.0 | 5.0 | 3.5 | 5.0 | 2.0 | 5.0 | 5.0 | 2.5 | 1.0 | 5.0 | 2.88 |
| 38 | 103 | Equity Group | Kenya | 1.0 | 2.5 | 2.5 | 3.5 | 5.0 | 0.0 | 5.0 | 3.5 | 4.0 | 2.0 | 2.0 | 5.0 | 2.84 |
| 38 | 197 | Republic Bank | Ghana | 0.0 | 1.0 | 2.5 | 5.0 | 5.0 | 5.0 | 5.0 | 1.0 | 4.0 | 4.0 | 0.0 | 5.0 | 2.84 |
| 40 | 181 | Prime Bank | Kenya | 0.0 | 2.0 | 3.5 | 4.0 | 5.0 | 1.0 | 5.0 | 3.5 | 3.0 | 3.0 | 2.0 | 4.0 | 2.78 |
| 40 | 190 | Bidvest Bank | South Africa | 0.0 | 4.5 | 3.5 | 5.0 | 5.0 | 0.5 | 5.0 | 0.5 | 1.0 | 2.5 | 4.0 | 5.0 | 2.78 |
| 42 | 79 | Guaranty Trust Bank | Nigeria | 1.0 | 1.0 | 1.0 | 3.5 | 5.0 | 0.0 | 5.0 | 4.5 | 3.0 | 2.5 | 1.5 | 5.0 | 2.76 |
| 43 | 165 | Barclays Bank | Ghana | 0.0 | 4.5 | 2.5 | 4.0 | 5.0 | 3.5 | 5.0 | 4.5 | 4.5 | 1.0 | 0.5 | 5.0 | 2.74 |
| 44 | 189 | Societe Generale | Ghana | 0.0 | 5.0 | 3.0 | 3.5 | 4.5 | 3.0 | 5.0 | 2.5 | 3.5 | 3.5 | 0.5 | 5.0 | 2.73 |
| 45 | 144 | Stanbic Holdings | Kenya | 0.0 | 3.5 | 4.5 | 2.5 | 4.5 | 0.5 | 5.0 | 2.5 | 4.5 | 3.0 | 2.0 | 5.0 | 2.70 |
| 46 | 129 | Barclays Bank | Mauritius | 0.5 | 3.5 | 1.0 | 5.0 | 5.0 | 0.0 | 5.0 | 3.5 | 2.5 | 1.5 | 1.5 | 5.0 | 2.65 |
| 46 | 168 | Al Ahli Bank of Kuwait | Egypt | 0.0 | 5.0 | 5.0 | 4.5 | 4.5 | 0.0 | 5.0 | 2.5 | 1.5 | 2.5 | 2.5 | 4.0 | 2.65 |
| 48 | 145 | Commercial Bank of Africa | Kenya | 0.0 | 2.0 | 2.0 | 5.0 | 4.5 | 0.0 | 5.0 | 3.0 | 3.0 | 3.0 | 1.5 | 4.0 | 2.64 |
| 48 | 172 | Standard Chartered | Ghana | 0.0 | 3.5 | 2.0 | 5.0 | 5.0 | 0.5 | 5.0 | 4.5 | 3.5 | 2.0 | 0.0 | 5.0 | 2.64 |
| 50 | 177 | CalBank | Ghana | 0.0 | 1.0 | 1.5 | 3.0 | 5.0 | 3.0 | 5.0 | 4.0 | 2.5 | 3.5 | 1.0 | 3.5 | 2.61 |
| 51 | 25 | Banque Centrale Populaire | Morocco | 4.0 | 3.0 | 1.5 | 2.5 | 0.0 | 0.0 | 2.5 | 3.0 | 4.0 | 3.5 | 1.5 | 4.0 | 2.60 |
| 51 | 91 | KCB Group | Kenya | 1.0 | 3.5 | 3.0 | 2.5 | 4.5 | 0.5 | 5.0 | 3.5 | 3.5 | 2.0 | 1.5 | 4.0 | 2.60 |
| 51 | 169 | Stanbic Bank | Ghana | 0.0 | 3.5 | 0.5 | 5.0 | 5.0 | 3.0 | 5.0 | 3.5 | 4.5 | 1.0 | 0.0 | 5.0 | 2.60 |
| 54 | 182 | Al Salam Bank | Algeria | 0.0 | 5.0 | 5.0 | 2.5 | 0.0 | 5.0 | 5.0 | 3.5 | 2.5 | 4.0 | 2.0 | 5.0 | 2.58 |
| 55 | 30 | BMCE | Morocco | 3.5 | 2.0 | 1.5 | 1.5 | 3.5 | 0.0 | 2.5 | 2.5 | 3.0 | 3.0 | 1.5 | 4.0 | 2.56 |
| 56 | 178 | Bank One | Mauritius | 0.0 | 4.5 | 4.5 | 4.5 | 3.5 | 0.0 | 4.0 | 2.5 | 3.0 | 2.5 | 2.0 | 4.0 | 2.50 |
| 57 | 167 | Fidelity Bank | Ghana | 0.0 | 0.5 | 4.0 | 5.0 | 5.0 | 2.0 | 5.0 | 2.0 | 2.5 | 2.5 | 0.0 | 5.0 | 2.49 |
| 58 | 120 | Fidelity Bank | Nigeria | 0.5 | 3.0 | 1.0 | 1.0 | 4.5 | 5.0 | 4.5 | 1.5 | 3.0 | 2.5 | 2.0 | 5.0 | 2.48 |
| 59 | 139 | Barclays Bank | Kenya | 0.0 | 2.0 | 1.5 | 1.5 | 5.0 | 0.0 | 5.0 | 2.5 | 3.0 | 3.5 | 2.0 | 5.0 | 2.46 |
| 60 | 199 | Guaranty Trust Bank | Ghana | 0.0 | 0.5 | 4.5 | 5.0 | 5.0 | 1.0 | 5.0 | 3.5 | 4.0 | 1.0 | 0.0 | 4.0 | 2.44 |
| 61 | 106 | Arab International Bank | Egypt | 0.5 | 1.0 | 3.0 | 5.0 | 3.5 | 0.5 | 3.5 | 4.5 | 2.5 | 3.0 | 0.0 | 4.0 | 2.43 |
| 62 | 104 | Ecobank | Nigeria | 1.0 | 1.5 | 0.5 | 3.0 | 4.0 | 0.0 | 3.5 | 3.0 | 4.0 | 3.0 | 0.5 | 5.0 | 2.40 |
| 63 | 58 | FBN Holdings | Nigeria | 1.5 | 1.5 | 1.0 | 4.5 | 4.5 | 0.0 | 2.0 | 3.0 | 3.0 | 2.5 | 0.0 | 5.0 | 2.39 |
| 63 | 133 | Emirates NBD | Egypt | 0.0 | 4.0 | 2.5 | 5.0 | 4.0 | 4.5 | 5.0 | 4.5 | 2.5 | 0.0 | 0.0 | 4.0 | 2.39 |
| 65 | 151 | Ecobank | Ghana | 0.0 | 0.5 | 4.0 | 5.0 | 3.5 | 0.0 | 5.0 | 3.0 | 3.5 | 2.0 | 0.0 | 5.0 | 2.33 |
| 66 | 173 | Mercantile Bank | South Africa | 0.0 | 3.0 | 2.5 | 1.0 | 5.0 | 1.5 | 4.5 | 2.0 | 4.0 | 1.5 | 3.0 | 3.0 | 2.31 |
| 66 | 180 | Arab Banking Corporation | Egypt | 0.0 | 1.0 | 2.0 | 5.0 | 4.5 | 5.0 | 5.0 | 3.5 | 2.0 | 0.0 | 0.0 | 5.0 | 2.31 |
| 68 | 115 | Union Bank | Nigeria | 0.5 | 2.0 | 4.0 | 4.5 | 4.5 | 1.5 | 3.0 | 1.5 | 3.5 | 1.5 | 0.0 | 5.0 | 2.25 |
| 69 | 127 | FCMB Group | Nigeria | 0.5 | 1.5 | 1.5 | 1.5 | 4.5 | 0.0 | 2.0 | 1.5 | 3.5 | 3.5 | 2.5 | 4.0 | 2.24 |
| 70 | 175 | Sasfin Holdings | South Africa | 0.0 | 2.5 | 5.0 | 0.0 | 4.5 | 0.0 | 5.0 | 1.0 | 4.0 | 3.0 | 2.0 | 4.0 | 2.21 |
| 71 | 187 | United Bank for Africa | Ghana | 0.0 | 0.5 | 0.5 | 5.0 | 5.0 | 2.0 | 5.0 | 5.0 | 1.5 | 0.0 | 0.0 | 3.5 | 2.16 |
| 72 | 171 | Wema Bank | Nigeria | 0.0 | 1.5 | 0.5 | 2.5 | 4.0 | 4.5 | 1.5 | 0.0 | 4.0 | 2.5 | 2.5 | 3.5 | 2.14 |
| 73 | 97 | Credit du Maroc | Morocco | 1.0 | 3.0 | 1.5 | 1.0 | 3.5 | 0.0 | 2.0 | 2.0 | 2.5 | 4.0 | 1.5 | 3.5 | 2.09 |
| 74 | 147 | Suez Canal Bank | Egypt | 0.0 | 4.0 | 4.5 | 5.0 | 3.5 | 1.5 | 3.0 | 3.5 | 2.5 | 0.0 | 0.0 | 5.0 | 2.06 |
| 74 | 170 | SBI | Mauritius | 0.0 | 0.5 | 3.5 | 4.0 | 5.0 | 0.0 | 0.5 | 5.0 | 2.0 | 2.0 | 0.0 | 5.0 | 2.06 |
| 76 | 183 | Access Bank | Ghana | 0.0 | 0.5 | 1.5 | 5.0 | 3.5 | 0.0 | 3.0 | 2.0 | 2.5 | 2.5 | 0.0 | 5.0 | 2.03 |
| 76 | 200 | HBZ Bank | South Africa | 0.0 | 1.5 | 3.5 | 5.0 | 3.5 | 1.0 | 5.0 | 2.5 | 2.5 | 0.0 | 0.0 | 5.0 | 2.03 |
| 78 | 152 | NIC Group | Kenya | 0.0 | 3.0 | 4.5 | 2.0 | 5.0 | 0.0 | 5.0 | 4.0 | 3.0 | 0.0 | 0.0 | 4.0 | 1.99 |
| 79 | 134 | Sterling Bank | Nigeria | 0.0 | 4.5 | 4.0 | 2.0 | 3.5 | 0.0 | 2.5 | 0.5 | 3.0 | 2.5 | 2.0 | 4.0 | 1.98 |
| 80 | 194 | Prudential Bank | Ghana | 0.0 | 2.0 | 2.5 | 4.5 | 2.5 | 5.0 | 0.0 | 0.5 | 3.0 | 3.5 | 0.0 | 4.0 | 1.96 |
| 81 | 146 | I&M Holdings | Kenya | 0.0 | 4.0 | 3.5 | 1.5 | 5.0 | 0.0 | 5.0 | 4.5 | 3.0 | 0.0 | 0.0 | 3.5 | 1.95 |
| 82 | 195 | Albaraka Bank | South Africa | 0.0 | 3.5 | 2.5 | 1.5 | 4.0 | 3.0 | 2.5 | 1.0 | 2.0 | 1.0 | 3.0 | 3.5 | 1.94 |
| 83 | 196 | Ubank | South Africa | 0.0 | 1.0 | 4.0 | 5.0 | 5.0 | 0.5 | 3.0 | 0.0 | 4.0 | 0.0 | 0.0 | 5.0 | 1.93 |
| 84 | 94 | CIH Bank | Morocco | 1.0 | 3.5 | 3.0 | 0.0 | 4.0 | 0.0 | 2.0 | 1.5 | 3.0 | 2.5 | 2.0 | 2.5 | 1.91 |
| 85 | 109 | Diamond Bank | Nigeria | 0.5 | 0.5 | 0.5 | 4.0 | 4.5 | 0.0 | 0.0 | 1.5 | 3.0 | 2.5 | 0.5 | 4.0 | 1.88 |
| 85 | 186 | Universal Merchant Bank | Ghana | 0.0 | 1.5 | 5.0 | 5.0 | 2.5 | 5.0 | 5.0 | 1.5 | 3.0 | 0.0 | 0.0 | 0.0 | 1.88 |
| 87 | 148 | Gulf Bank | Algeria | 0.0 | 4.5 | 5.0 | 3.0 | 0.0 | 5.0 | 5.0 | 3.5 | 2.0 | 0.0 | 0.0 | 4.0 | 1.78 |
| 88 | 108 | Faisal Islamic Bank | Egypt | 0.5 | 4.0 | 3.0 | 5.0 | 0.0 | 0.0 | 5.0 | 3.5 | 1.0 | 0.0 | 0.0 | 5.0 | 1.73 |
| 88 | 192 | Ecobank | Kenya | 0.0 | 0.5 | 5.0 | 5.0 | 4.0 | 5.0 | 0.0 | 0.0 | 2.5 | 0.0 | 0.0 | 5.0 | 1.73 |
| 90 | 132 | Societe Generale | Algeria | 0.5 | 4.0 | 3.5 | 2.5 | 0.0 | 1.5 | 5.0 | 5.0 | 2.0 | 0.0 | 0.0 | 4.0 | 1.70 |
| 90 | 193 | Banque des Mascareignes | Mauritius | 0.0 | 2.0 | 0.5 | 0.5 | 3.5 | 0.0 | 2.0 | 0.0 | 3.5 | 3.5 | 1.5 | 4.0 | 1.70 |
| 92 | 44 | Banque Nationale d Algerie | Algeria | 2.5 | 4.0 | 2.0 | 2.0 | 0.0 | 0.0 | 3.0 | 5.0 | 0.5 | 0.0 | 0.0 | 4.0 | 1.63 |
| 93 | 113 | HSBC Bank | Mauritius | 0.5 | 3.0 | 5.0 | 5.0 | 0.0 | 0.0 | 3.5 | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 1.58 |
| 94 | 123 | Diamond Trust Bank | Kenya | 0.5 | 2.5 | 3.0 | 3.5 | 0.0 | 0.0 | 5.0 | 4.0 | 2.5 | 0.0 | 0.0 | 2.5 | 1.56 |
| 95 | 191 | Bank of Africa | Kenya | 0.0 | 1.0 | 0.5 | 2.0 | 4.0 | 0.0 | 0.5 | 0.0 | 5.0 | 2.0 | 0.0 | 4.0 | 1.50 |
| 96 | 185 | Family Bank | Kenya | 0.0 | 1.0 | 3.5 | 1.5 | 5.0 | 0.0 | 0.0 | 0.0 | 3.5 | 1.0 | 0.0 | 2.5 | 1.28 |
| 97 | 78 | Societe Generale | Morocco | 1.0 | 2.5 | 1.5 | 0.0 | 0.0 | 0.0 | 3.5 | 3.5 | 3.0 | 0.0 | 0.0 | 3.0 | 1.18 |
| 98 | 74 | Credit Agricole | Morocco | 1.5 | 2.5 | 1.0 | 0.5 | 0.0 | 1.0 | 1.5 | 3.0 | 2.5 | 0.0 | 0.0 | 3.0 | 1.13 |
| 99 | 143 | Standard Chartered | Mauritius | 0.0 | 0.5 | 4.0 | 4.5 | 0.0 | 0.0 | 2.5 | 4.0 | 0.5 | 0.0 | 0.0 | 0.0 | 1.09 |
| 100 | 89 | BMCI | Morocco | 1.0 | 1.5 | 1.0 | 0.0 | 0.0 | 0.0 | 2.0 | 3.0 | 2.5 | 0.0 | 0.0 | 4.0 | 1.00 |
Notes:
(1) 5 = Highest, 0 = Lowest.
(2) LDR = loan to deposit ratio. CAR = capital adequacy ratio. Profit = operating profit. ROA = return on assets. Costs = cost to income ratio. Fees = non-interest income to total operating income. Reserves = loan loss reserves to gross non-performing loans. NPLs = gross non-performing loan ratio. Liquidity = Liquid assets to total deposits and borrowings.
Source: TABInsights
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