South Africa holds an outstanding role in the African banking industry. As of 2022, the aggregate tier 1 capital from the major South African banks reached 42.2 billion U.S. dollars. The South African Standard Bank Group had alone a capital worth roughly 11.7 billion U.S. dollars, ranking as the leading bank in the continent. Egypt, Morocco, Nigeria, and Kenya followed in terms of aggregate tier 1 capital, composing the main banking markets in Africa.
Leading countries in the banking industry in Africa as of 2022, by aggregate tier 1 capital
(in million U.S. dollars)
Statista compilled the aggregate tier 1 capital for each country including banks listed by the source as the 100 leading banks in Africa as of 2022.
The source adds the following information:
"The Banker Database combines standardised financial data, The Banker Rankings, FT.com news and market data with original financial statements to provide all the information you need for worldwide bank research and analysis."
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Statista. (December 30, 2022). Leading countries in the banking industry in Africa as of 2022, by aggregate tier 1 capital (in million U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1232216/leading-countries-in-the-african-banking-industry-by-aggregate-tier-1-capital/
Statista. "Leading countries in the banking industry in Africa as of 2022, by aggregate tier 1 capital (in million U.S. dollars)." Chart. December 30, 2022. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1232216/leading-countries-in-the-african-banking-industry-by-aggregate-tier-1-capital/
Statista. (2022). Leading countries in the banking industry in Africa as of 2022, by aggregate tier 1 capital (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1232216/leading-countries-in-the-african-banking-industry-by-aggregate-tier-1-capital/
Statista. "Leading Countries in The Banking Industry in Africa as of 2022, by Aggregate Tier 1 Capital (in Million U.S. Dollars)." Statista, Statista Inc., 30 Dec 2022, https://www.statista.com/statistics/1232216/leading-countries-in-the-african-banking-industry-by-aggregate-tier-1-capital/
Statista, Leading countries in the banking industry in Africa as of 2022, by aggregate tier 1 capital (in million U.S. dollars) Statista, https://www.statista.com/statistics/1232216/leading-countries-in-the-african-banking-industry-by-aggregate-tier-1-capital/ (last visited December 03, 2024)
Leading countries in the banking industry in Africa as of 2022, by aggregate tier 1 capital (in million U.S. dollars) [Graph], Statista, December 30, 2022. [Online]. Available: https://www.statista.com/statistics/1232216/leading-countries-in-the-african-banking-industry-by-aggregate-tier-1-capital/
