Ranking of the Biggest Banks Across Africa in the Year 2025

The African banking sector is experiencing a dynamic transformation, fueled by rapid digitalization, regional integration, and a focus on inclusive and sustainable economic growth. According to the African Economic Outlook 2025 report, the banking sector is a major driver of economic growth in Africa.

One of the key players in this transformation is Standard Bank Group, Africa's largest bank by assets with a total portfolio value worth $180 billion. In 2025, Standard Bank Group solidified its position through an aggressive digital-first strategy and regional growth. The bank focused on fintech partnerships, green finance, and SME lending to shape Africa's banking future.

South Africa-based Nedbank Group, with a total asset of $70 billion, offers a full suite of services, including retail, corporate, wealth management, and investment banking. Access Holdings Plc, the parent company of Access Bank, has over $72 billion in assets and growing interests in insurance, pensions, and asset management.

The Nigerian banking sector is also making significant strides. Zenith Bank, a leading Nigerian bank, has built an impressive assets portfolio of $78 billion and launched a blockchain-based trade settlement system in 2025 to enhance cross-border trade efficiency.

Ecobank Transnational Incorporated, a pan-African bank operating in 33 countries, has a total asset of $72 billion. Attijariwafa Bank, a Moroccan bank, has expanded into over 25 countries and has a total assets value of $95 billion.

In South Africa, Absa Group Limited has a total assets worth of $110 billion and prioritized ESG-focused investments, green lending, and expanded access to credit for underserved communities in 2025. The National Bank of Egypt has a total assets portfolio of $105 billion and has strengthened its regional leadership through digital transformation and enhanced trade finance services.

The African Economic Outlook 2025 report predicts a 0.6% increase in the continent's economic growth from 3.3% in 2024 to 3.9% by the end of 2025. This growth is attributed to the solidification of African banks' positions through robust asset growth, strategic expansions, and technology-driven services.

By the end of 2025, the African banking market is projected to reach over $205.53 billion, with traditional banks accounting for $201.34 billion. The banking sector in Africa has become stronger, more resilient, and increasingly competitive, leading to increased investor and customer confidence. The sector's ongoing transformation is accelerating efforts toward financial integration and positioning Africa for a prosperous future.