The Standard Bank of South Africa Limited is large financial services and banking organization in South Africa. By assets, it is Africa's largest lender. Standard Bank Centre, the company's corporate headquarters, is located on Simmonds Street in Johannesburg.

Standard Bank Group remains in the first place, ranking third in Africa and 152nd internationally, gaining four places from its previous ranking of 156th in 2019. The company's headquarters are located in Johannesburg. However, the previous year's rapid expansion resulted in a 10% drop in capital from $13.2 billion to $11.9 billion by the end of 2017. With the continuing challenging financial and economic climate, total assets fell by a comparable amount to $147.7 billion, and net profit fell to $2.3 billion. The standard bank improved on its return on equity (ROE) performance over the previous year, with an ROE of 19.1 percent this year.

Founded: October 15, 1862

Headquarters: Johannesburg, South Africa

Revenue: $13.2 billion

Website: https://www.standardbank.co.za/southafrica/personal/home

With a capital of $5.4 billion, Absa Group Limited ascended to second place in this year's bank ranking, up from fourth last year. Formerly, Barclays bank Africa group ltd sold Absa group shares worth 12.2 percent in 2016 and 33.7 percent in 2017, leaving 85 percent of the bank's shares widely held on the Johannesburg Stock Exchange (JSE), with a total asset of $75 billion and a profit of $557 million. It has risen from 152nd to 150th place this year.

Absa Group Limited (Absa) has developed a new way of doing things, one that is fueled by boldness and enthusiasm, and ready to seize opportunities on our continent and beyond.

They're a truly African company, with people from Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia inspiring us. They also operate insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania, and Zambia, as well as representative offices in Namibia and Nigeria.

Founded: April 1991

Headquarters: Johannesburg, South Africa

Revenue: $5.4 billion

Website: https://www.absa.co.za/personal/

The First Rand's capital falls from $5.3 billion to $5.1 billion, a drop of 3%. Despite the declining currency, the First Rand bank fell to third place, with total assets increasing by 6% to $87.6 billion and net profit increasing by 5% to $1.5 billion. FirstRand continues to maintain a high ROE of 29.2 percent, which is far ahead of the rest of the top banks this year. This year's ROE is better than the previous year's 26.9 percent, and FirstRand continues to outperform among the larger South African banks with a climbed Return of Asset (ROA) of 1.7 percent. FirstRand was created in 1998 and is one of the financing providers regulated by the Reserve Bank of South Africa (Banker's Bank).

FirstRand Limited, which is listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), is one of Africa's major financial institutions by market capitalization. In addition to South Africa, the company has operations in nine other African countries, as well as the United Kingdom and India.

Organic expansion, acquisitions, innovation, and the formation of entirely new companies have all contributed to the group's track record of generating exceptional returns to shareholders.

FirstRand executes its strategy through a portfolio of premier financial services firms, including FNB, RMB, WesBank, Aldermore, and Ashburton Investments, and offers a comprehensive range of transactional, lending, investment, and insurance products and services. The FCC stands for group-wide functions.

Founded: 1998

Revenue: $5.1 billion

Headquarters: Gauteng, South Afric

Attijariwafa Bank is a Moroccan multinational commercial bank and financial services firm headquartered in Rabat. Attiariwafa bank moved from fifth to fourth place, rated 298th internationally, up from 301 last year, thanks to an 11% increase in capital of $4.7 billion. Total assets increased by 26% to $53.3 billion. It is a vibrant bank that operates in a good atmosphere and has wide activities throughout Africa. According to statistics, Morocco's GDP is expected to rise by 3.18 percent this year, to $121.4 billion, as the government and investors collaborate to generate employment opportunities and company growth.

They are a significant participant in the Moroccan and African financial sectors thanks to our universal banking concept, pan-African reach, complementary companies, and excellent competence. They've been able to adapt for over a century by broadening their business lines, refreshing their offerings, and reorganizing their structures in order to achieve their goal of becoming the premier customer service bank. With 20,125 workers in 25 locations across Africa, Europe, and the Middle East, Attijariwafa bank presently serves 10 million retail, professional, corporate, and institutional clients.

Founded: January 1, 1911

Headquarters: Casablanca, Morocco

Revenue: $4.7 billion

Website: https://www.attijariwafabank.com.eg/

NBE has been considered as one of Egypt's oldest and most reputable commercial banks since its founding in 1898 with a capital of GBP1 million. NBE has been the principal backer of Egypt's national economy through financing important Egyptian national initiatives and has never been immune to national difficulties or worries. NBE's aims and activities have evolved throughout time as the country's economy and politics have changed.

NBE was initially tasked with creating banknotes and managing government finances, but by the 1950s, it had expanded its responsibilities to include Central Bank functions. In the 1960s, it concentrated on commercial banking while continuing to provide central banking functions in areas where the Central Bank did not have a presence. Eventually, the State will be responsible for issuing and monitoring Investment Certificates. NBE presently holds 23.6 percent of all assets in Egypt's banking system, as well as 25.8% of total deposits and 21.8 percent of total loans.

In terms of bank capital, deposits, assets, and the number of branches and staff, National Bank is the largest bank. It rose 79 positions from 292 last year to 371 in 2020, and it has the second-fastest capital growth in the list of top banks, with a 15 percent increase of $4.6 billion, propelling it from 6th to 5th place. Total assets increased by 15% to $86.2 billion, but net profit fell by 24% to $565 million. According to lhab EI-Sewerky, CEO of Bank, national banks seek to raise their market share by 3% by the end of 2023, up from 1.1 percent currently. For the seventh year in a row, National Bank was named Egypt's Best Retailer.

Founded: 1898

Revenue: $4.6 billion

Headquarters: Boulak, Cairo

Banque Misr was founded in 1920 by the pioneer economist Mohamed Talaat Harb Pasha, who came up with the idea of investing national savings and directing them toward economic and social development, making it the first Egyptian-owned bank.

Banque Misr has been involved in the establishment of companies in a variety of fields since 1920, including spinning and weaving, insurance, transportation, aviation, and cinema, and has continued to support all of its activities at a steady pace. Banque Misr currently owns equity in 163 projects, including financial, industrial, tourism, housing, agriculture and food, general service, and communication and information projects.

Banque Misr is an Egyptian bank that was formed in 1920 by industrialist Talaat Pasha Harb. Banque Misr is ranked 6th among Africa's biggest banks, with a 9 percent increase in capital to $3.4 billion and a 14 percent increase in assets to $49.4 billion, despite a 50% drop in earnings to $227 million. Banque Misr's credit facilities and loan portfolio totaled 272.2 billion pounds, accounting for 14.25 percent of the market, while its corporate and syndicate loan portfolio totaled 175.5 billion pounds. Lenders have offices in all of Egypt's governorates as well as work permit offices for foreign employees. Bank is now ranked 390th, up from 398th in 2019.

Founded: 1920

Headquarters: Cairo

Revenue: $3.4 billion

Website: http://www.banquemisr.com

The Nedbank Group is a South African financial services conglomerate that provides wholesale and retail banking, as well as insurance, asset management, and wealth management. The Nedbank Group's completely owned subsidiary, Nedbank Limited, is a totally owned subsidiary of the Nedbank Group.

Nedbank Limited is a Nedbank Firm owned financial services group in South Africa that provides retail banking, asset management, wealth management, wholesale, and insurance services. Although the bank's total capital fell 10% to $4.6 billion and assets fell 8% to $67.5 billion, the falls were smaller than the decrease in the rand rate, indicating some currency gain. Nedbank, on the other hand, drops from third to sixth place, with a global ranking of 177, up nine places from last year's 186. In terms of domestic loans, Nedbank has a 20% market share, while NBL is the industry leader in asset-based lending and commercial real estate finance.

Founded: March 1, 1888
Headquarters: Sandton, South Africa
Revenue: $4.6 billion
Website: https://www.nedbank.co.za/content/nedbank/desktop/gt/en/personal.html

Investec is a multinational banking and wealth management company based in the United Kingdom and South Africa. It serves a client base in Europe, Southern Africa, and Asia-Pacific with a variety of financial products and services.

Investec was established in 1974 in South Africa and provides financial services to clients in Europe, Southern Africa, the United Kingdom, and Asia-Pacific. According to statistics, its capital climbed by 20% to $2.9 billion in 2018, and total assets increased by 18% to $37.5 billion. Net profit increased by 64% to $395 million, and it is now ranked 181 internationally, up from 188 last year.

They take an unconventional approach to wealth creation and management. They began as a modest financial firm in South Africa and have grown to become a worldwide bank and asset management organization.

Founded: Johannesburg1974; 47 years ago
Headquarters: Sandton, London

Revenue: $2.9 billion

Website: https://www.investec.com/en_za.html

Jim Ovia started Zenith Bank in 1990. It is a significant financial provider in Anglophone West Africa and Nigeria, and it has grown to become one of Africa's top institutions, ranking as the continent's sixth-largest bank. The Nigerian Central Bank has granted Zenith Bank a license. The bank's stock rose from $20 million in 1990 to $704.50 billion in 2016. It has a net asset of $16.8 billion and a net profit of $532, giving it a 31.1 percent return on investment.

They are a multinational financial services company with operations in Nigeria, the United Kingdom, Ghana, Sierra Leone, and the Gambia. We have a network of approximately 500 branches and business offices in important commercial centers throughout the Federation and the Federal Capital Territory (FCT) of Nigeria, as well as representative offices in South Africa and China, all of which are operated from our home office in Lagos, Nigeria.

They have nearly one million shareholders and are now Nigeria's largest bank by tier-1 capital. Their shares were listed for $6.80 apiece on the London Stock Exchange (LSE) in 2013, for a total value of $850 million. They've established a name in Nigeria for e-banking, having pioneered new trails in the deployment of ICT infrastructure to build innovative solutions that match the demands of its thronging clients.

They are market leaders in the implementation of numerous banking technology channels, and the Zenith name has become synonymous with the implementation of cutting-edge banking technology.

Founded: 1990

It was formed in 1975 and is known by the abbreviation BCP. It is a big bank with a market share of client deposits of 27.9%. BCP has grown its tier by 75% and now ranks 794 out of 1000 in the top bank. Capital fell 7% to $3.7 billion, while total assets increased modestly to $41.5 billion.

In Morocco, La Banque Centrale Populaire is a large bank. Germany, England, Canada, Spain, France, Gibraltar, the Netherlands, and Belgium are among the bank's international locations. BCP is the abbreviation for the bank's name.

In 2012, the bank had a market share of 27.9% in Moroccan client deposits. This equates to 204.9 billion dirhams in consumer deposits. At the end of 2012, the bank had a total of 11,878 employees.

Founded: February 2, 1961