What is Africa’s biggest bank?

South Africa’s Standard Bank Group was the largest bank in Africa as of 2020, with total assets worth nearly 162 billion U.S. dollars. With operations in 20 countries in the continent, the bank group also led the African banking sector by tier 1 capital.

Which bank is the largest bank in Africa?

Top Banks in Africa

Rank Bank Total Assets, US$bn
1 Standard Bank Group 184.518
2 Absa Group 97.241
3 FirstRand 94.144
4 Nedbank Group 80.110

Which is South Africa’s biggest bank?

These are South Africa’s biggest banks in 2021

# Bank 2021 Tier 1 Capital $m
205 Absa 7 611
265 Nedbank 5 567
400 Investec 3 050
558 Capitec 1 899

Which bank is the biggest bank?

Here are the 15 largest banks in the U.S. by assets, according to the latest numbers from the Federal Reserve.

How We Make Money.

Rank Bank name Total assets
1 JPMorgan Chase & Co. $3.21 trillion
2 Bank of America Corp. $2.32 trillion
3 Wells Fargo & Co. $1.77 trillion
4 Citigroup Inc. $1.68 trillion
IT IS INTERESTING:  Which class is dominant in South Africa?

What banks are in Africa?

Banks

  • Access Bank plc, d.b.a. Finbank.
  • Bank of Africa.
  • Banque Belgo – Africaine.
  • Diamond Trust Bank Group.
  • Ecobank.
  • Interbank Burundi.
  • Kenya Commercial Bank.
  • United Bank for Africa.

What is the richest bank in the world?

The Industrial and Commercial Bank of China Limited is the wealthiest bank in the world according to market capitalization. It is also ranked as the largest bank in the world when rated by total assets.

Which bank is the richest bank in Nigeria 2020?

Top 10 Richest Banks in Nigeria by Asset Value

S/N Banks Total Asset Value (2020 Financial Year)
1 Ecobank ₦9.3 Trillion
2 Zenith Bank ₦7.973 Trillion
3 Access Bank ₦7.925 Trillion
4 First Bank ₦7.243 Trillion

Which is the safest bank in South Africa?

On overall customer satisfaction, Capitec (84.7 out of 100) scored best, followed by African Bank (83.4), Nedbank (81.1), and FNB (80.2). While Absa (78.6) and Standard Bank (77.7) improved their scores from 2019, they were below the industry average.

What are the top 5 banks?

According to the most recent Federal Reserve data, the top 10 retail banks in the U.S. by assets are:

  • Chase Bank.
  • Bank of America.
  • Wells Fargo.
  • Citibank.
  • U.S. Bank.
  • Truist Bank.
  • PNC Bank.
  • TD Bank.

Which bank in South Africa is the best?

South Africa’s best and worst banks according to customers

# Bank 2019 score
1 Capitec 84.0
2 African Bank 85.7
3 Nedbank 80.2
4 FNB 79.9

What banks do rich people use?

These ten checking accounts are designed with the wealthy in mind and are intended for banking clients who desire convenient access to cash with premium benefits.

  • Bank of America Private Bank. …
  • Citigold Private Client. …
  • Union Bank Private Advantage Checking Account. …
  • HSBC Premier Checking. …
  • Morgan Stanley Active Assets Account.
IT IS INTERESTING:  Why African countries have straight borders?

Which bank is safest in USA?

Safest Banks in America

Bank name Total Assets Texas Ratio (%)
State Street Bank and Trust Company 313,281,000,000 0.00
Charles Schwab Corporation 396,473,000,000 0.28
Bank of New York Mellon Corporation 417,169,890,000 0.58
UBS Bank USA 91,110,922,000 0.86

Which is the safest bank in the world?

World’s safest banks

Rank Bank Country
1 KfW Germany
2 Zuercher Kantonalbank Switzerland
3 Landwirtschaftliche Rentenbank Germany
4 L-Bank Germany

What is the biggest bank in the world 2020?

The Largest Banks in the World

Rank Bank Balance sheet
1 Industrial & Commercial Bank of China 06/30/2020
2 China Construction Bank 06/30/2020
3 Agricultural Bank of China 06/30/2020
4 Bank of China 06/30/2020

Which bank is the highest in Nigeria?

Top 10 Banks in Nigeria

Rank Name Total Assets, NGN b (June 30, 2017)
1 Zenith Bank 4,927.37
2 FBN Holdings 4,881.07
3 United Bank for Africa * 3,690.29
4 Access Bank Group 3,455.04

Which is the largest bank in Nigeria?

Zenith Bank Plc is now officially Nigeria’s largest bank by Customer Deposit.

Hot Africa