ABSA

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/