Largest banks in Africa 2022, by assets
tier 1 capital. Ranking as the second-biggest bank in Africa, the National Bank of Egypt accumulated an asset value of around 167 billion U.S. dollars in 2021. Overall, South Africa concentrated four out of the top 10 institutions with the largest assets in Africa.
South Africa's Standard Bank Group was the largest bank in Africa as of 2022, with total assets worth nearly 170 billion U.S. dollars. Operating in 20 countries on the continent, the bank group also led the African banking sector by