The 62 Largest Indigenous Banks in Sub Saharan Africa by Assets (US$1B or more)

The following is a listing of the 62 largest indigenous banks in Sub Saharan Africa (SSA) with assets above US$ 1B. It is the most comprehensive listing of large banks in the 48 countries that form SSA and includes institutions not captured by The Banker or The African Report lists. There are about 400 indigenous banks in SSA.

US$ exchange rates as at April 2014.

See notes below on the data.



Notes

Data can be verified from the bank's financials (most are available on the bank's website) unless otherwise indicated. Source links are available upon request. Get in touch via the message box below or on Twitter @afrocompanies

The word 'indigenous' means banks whose head office is in Sub Saharan Africa (SSA). For this reason, the following large banks that would otherwise be on this list (their assets in SSA exceed US$ 1B as at December 2013) have been excluded:

• Barclays Bank including Absa (Head Office - UK) - Subsaharan Africa Assets of US$90B in 2013
• Standard Chartered Bank (Head Office - UK) - Subsaharan Africa Assets of US$20B in 2013 
• Citibank (Head Office - US) - Subsaharan Africa Assets estimated at $10B in 2013 
• Attijariwafa Bank (Head Office - Morocco)
• Societe Generale (Head Office - France)
• BNP Paribas (Head Office - France)
• Credit Agricole (Head Office - France)
• Banco Comercial Portugues (Head Office - Portugal)
• Formento (Head Office - Portugal)
• Millenium BIM (Head Office - Portugal)
• Bank of Baroda (Head Office - India)
• State Bank of India (Head Office - India)