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The South African bank Standard Bank is at the top of the best banks on the African continent. The following three banks are also South African and the National Bank of Egypt is in fifth position.
In total, five South African banks are among the best African banks.
The banker's report indicates that among the best-performing African banks in terms of Tier 1 capital, Standard Bank is once again in first place with $ 10 billion.
According to the banker, this is a significant jump from the $ 8.6 billion recorded in 2017 in the Tier 1 category.
However, in comparison with the world rankings, Standard Bank is ranked only at 145. Although it's up from position 149 in 2017 to 145 in 2018.
Here is a chart showing the top 10 African banks and where they are Position in the world rankings:
| African ranking | World ranking | Bank | Country | Rank 1 Capital |
|---|---|---|---|---|
| 1 | 145 | Standard Bank | South Africa South | $ 10,129 million |
| 2 | 173 | First Republic | South Africa | $ 8.425 million |
| 3 | 184 | Absa Group | South Africa South | $ 7,752 million |
| 4 | 217 | Nedbank Group | South Africa | $ 5,741 million |
| 5 | 288 | National Bank of Egypt | ] Egypt | $ 3,904 million |
| 6 | 295 | Attijariwafa Bank | Morocco | $ 3,822 million |
| 7 | 300 | Group Banks People | Morocco | $ 3,756 million |
| 8 | 337 | Ecobank Transnational | Togo | $ 3,179 million |
| 9 | 338 | South Investec South Africa | South Africa | $ 3,163 million |
| 10 | 402 | Zenith Bank | Nigeria | $ 2,466 million |
The rest of the world [19659002] In total, the world's largest banks have nearly 12% Tier 1 capital more than in 2018. [19659002] Deutsche Bank and Credit Suisse Group are two of the 10 banks that went from loss to profit in 2018. The State Bank of India and Bank Canara o And some of the worst losses for 2018.
According to the banker, an encouraging sign of the resilience of the industry is that capital is growing at a faster rate than badets.
Here is the table of the world's leading banks
| World ranking | Bank | Country | Country regions | Tile 1 Capital | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | ICBC | ] China | Asia-Pacific | $ 324 126 million | ||||
| 2 | China Construction Bank | China | Asia-Pacific | $ 272,215 million [19659017] | Bank of China | China | Asia-Pacific | $ 224.438 million |
| 4 | Agricultural Bank of China | China | Asia-Pacific | $ 218.104 million | ||||
| 5 | JP Morgan Chase & Co. | United States | North America | $ 208,644 million | ||||
| 6 | Bank of America | States United States | North America | $ 191 million | ||||
| 7 | Wells Fargo | United States | North America d | $ 178 million | ||||
| 8 | Citigroup | United States | North America | $ 165 million [19659017] 9 | Mitsubishi UFJ | Japan | Asia -Pacific | $ 153 million |
| 10 | HSBC | United Kingdom | Europe | $ 151 million |
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