According to the latest data, the capital adequacy ratio (CAR) of Ecobank, the pan-African banking institution from Congo, stood at 28.8 percent in 2017, presenting the highest ratio in Africa. The Nigerian Zenith Bank had a CAR of 23 percent in 2019, followed by the South African FirstRand Bank, at 17.1 percent as of the same year. A higher CAR indicates that a bank is more likely to absorb unexpected losses.
Capital adequacy ratio (CAR) of the largest banks in Africa as of 2019
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UNECA. (December 13, 2020). Capital adequacy ratio (CAR) of the largest banks in Africa as of 2019 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1256113/capital-adequacy-ratio-of-main-pan-african-banks/
UNECA. "Capital adequacy ratio (CAR) of the largest banks in Africa as of 2019." Chart. December 13, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1256113/capital-adequacy-ratio-of-main-pan-african-banks/
UNECA. (2020). Capital adequacy ratio (CAR) of the largest banks in Africa as of 2019. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1256113/capital-adequacy-ratio-of-main-pan-african-banks/
UNECA. "Capital Adequacy Ratio (Car) of The Largest Banks in Africa as of 2019." Statista, Statista Inc., 13 Dec 2020, https://www.statista.com/statistics/1256113/capital-adequacy-ratio-of-main-pan-african-banks/
UNECA, Capital adequacy ratio (CAR) of the largest banks in Africa as of 2019 Statista, https://www.statista.com/statistics/1256113/capital-adequacy-ratio-of-main-pan-african-banks/ (last visited November 22, 2024)
Capital adequacy ratio (CAR) of the largest banks in Africa as of 2019 [Graph], UNECA, December 13, 2020. [Online]. Available: https://www.statista.com/statistics/1256113/capital-adequacy-ratio-of-main-pan-african-banks/
