East Africa: leading banks by capital 2021

Kenya' Equity Bank Group ranked as the leading bank in East Africa, according to the level of tier 1 capital, which consists of core capital, reserves, retained earnings, and minority interests. The financial institution registered capital of roughly 1.4 billion U.S. dollars. Commercial Bank of Ethiopia and Kenya Commercial Bank (KCB) followed with tier 1 capital evaluated at 1.17 billion U.S. dollars and 1.13 billion U.S. dollars, respectively.

Leading banks in East Africa as of 2021, by tier 1 capital (in million U.S. dollars)

Characteristic	Tier 1 capital in million U.S. dollars
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Release date

September 2021

More information

Region

Africa

Survey time period

2021

Supplementary notes

Figures have been rounded.

The source adds the following information: "The ranking for the Top 100 Banks survey uses Tier 1 capital which consists of capital + reserves + retained earnings + minority interests. The figures in local currencies are converted into US dollars at the foreign exchange rates on 31 December 2019 or on the year-end date in the results. Data comes from Moody’s Analytics BankFocus, Bankers’ Almanac and from African Business inhouse research. We have excluded some banks where data is old or unreliable".

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