With $ 229 billion in assets at the end of March 2018, Qatar National Bank (QNB) is the largest bank in Africa and the Middle East. At $ 46 billion below, arrives First Abu Dhabi Bank, flagship of the United Arab Emirates. South African Standard Bank emerges in third place with $ 163 billion in assets.
Two other South African banks, namely, First Rand Ltd and Barclays Africa Group rank respectively 8th and 9th in this top 30 Middle East and Africa. First Egyptian in this ranking, the National Bank of Egypt is 14th with a total balance sheet of 75 billion dollars.
Morocco’s Attijariwafa Bank is ranked 23rd with $ 50 billion in assets and Bank Misr, the latest African top 30, is in 28th place with a total balance sheet of $ 43 billion.
In the end, only 6 banks of the continent are included in this top 30 instructive enough, which rules the duel between distance on the one hand QNB, the first bank in the Middle East, and the largest shareholder of Ecobank and, secondly, Standard Group, first African bank by assets.
The top 30 in Africa and the Middle East, where there are no banks in Nigeria, West, East or Central Africa, is quoted by S & P as one of the top 100 banks in the world. Global Market Intelligence, attached to the rating agency.