Top 10 Largest Banks In Africa 2025

A number of factors, including digital innovation, regional commerce, and expanding financial inclusion, continue to propel the rapid expansion of Africa’s banking sector in the year 2025. While embracing technology to serve millions of consumers, the top banks in Africa have expanded their footprint across the continent. These banks now offer a wide range of services, including retail banking, investment banking, and corporate financing. The following is a list of the top ten largest banks in Africa in 2025, ranked according to their total assets and their power:

List Of Top 10 Largest Banks In Africa 2025

1. Guaranty Trust Bank

Known for providing a wide variety of banking services, including savings and current accounts, loans, online banking, corporate banking, and international transactions, Guaranty Trust Bank (GTBank) is one of the most prominent financial institutions in Nigeria. GTBank also has a strong presence across Africa and beyond. Their internet banking and mobile app are particularly well-liked due to their straightforward and user-friendly interfaces.

2. Nedbank

Personal banking, commercial banking, corporate and investment banking, wealth management, and insurance are just some of the banking services that are provided by Nedbank, which counts as one of the leading financial services organizations in South Africa. With services such as the Nedbank Money app, Greenbacks incentives, and online banking platforms, they are well-known for its emphasis on environmentally responsible financing and the development of innovative digital banking systems.

3. Stanbic IBTC Holdings

Stanbic IBTC Holdings PLC is widely recognized as one of the most powerful and diverse financial companies in Nigeria. Stanbic IBTC has achieved its place as a top-tier provider of banking and financial solutions across Nigeria and the West African region by establishing a history that is inherently founded in excellence, innovation, and service delivery. Stanbic IBTC is able to take advantage of worldwide knowledge while maintaining a strong commitment to meeting the requirements of the local market because it is a part of the Standard Bank Group, which is the largest banking group in Africa in terms of assets.

4. Standard Bank

The Standard Bank Group is one of the most important and largest financial organizations in Africa. It provides a diverse variety of banking and financial services across the continent as well as abroad. This bank has a long and illustrious history, having been established in 1862 and having its headquarters in Johannesburg, South Africa. In addition to having a presence in significant financial cities across the world, such as London, New York, and Hong Kong, it operates in more than twenty nations in Africa by itself.

5. Absa Group

Because of its long and illustrious history, cutting-edge products, and unwavering dedication to fostering long-term economic expansion across the African continent, Absa Group Limited is recognized as one of the most prominent providers of varied financial services in Africa. Absa, which has its headquarters in Johannesburg, South Africa, provides a comprehensive variety of banking and financial services to millions of people, corporations, and institutions.

6. Zenith Bank

One of the largest and most lucrative banks in Africa, Zenith Bank Plc is a leading provider of financial services in Nigeria. It is also one of the largest banks in the world. Zenith Bank has established a solid reputation as a leader in the banking business in Nigeria and worldwide. It is well-known for its strong corporate governance, innovative digital banking systems, and approach that is centered on the customer. Beginning with its inception, Zenith Bank has undergone a continual process of evolution, utilizing technology and a dedication to providing exceptional service in order to position itself as a significant participant in the African financial landscape.

7. Access Bank

In addition to being one of the most prominent and largest banks in Nigeria, Access Bank Plc is also one of the largest banks in Africa. A tiny local bank, Access Bank has developed into a prominent participant in global finance thanks to its strategic growth, innovative banking solutions, and vast reach across the continent. Access Bank is known for its extensive footprint everywhere on the continent. Through its daring expansion plan, customer-first attitude, and focus on sustainability, Access Bank has positioned itself as a leader in the African financial services market. This has enabled the bank to achieve exceptional success.

8. Fidelity Bank

Known for its constant growth, innovative banking products, and strong dedication to helping small businesses, individuals, and corporate clients, Fidelity Bank Plc is one of the most trusted and leading commercial banks in Nigeria. It is also one of the most prominent commercial banks in the country. Over the course of its history, Fidelity Bank has garnered a reputation for dependability, providing exceptional customer service, and maintaining a steadfast commitment to enhancing Nigeria’s economy by means of increased financial inclusion and technologically-driven solutions.

9. United Bank for Africa

The United Bank for Africa Plc (UBA) is widely recognized as one of the most significant and notable financial organizations in Africa. It is also well-known for its extensive presence across the continent and additional regions. The United Bank for Africa (UBA), sometimes known as “Africa’s Global Bank,” has established a solid record by delivering technologically advanced financial solutions, fostering economic expansion, and promoting financial inclusion in a number of different countries.

10. First Bank

First Bank of Nigeria Limited, also known simply as FirstBank, is a financial organization that is both one of the oldest and most recognized in Nigeria and throughout Africa. FirstBank has established itself as a prominent provider of innovative financial services, providing assistance to individuals, businesses, and governments all over Nigeria and beyond. The bank’s history spans more than 125 years, and it has established itself as a respected institution. FirstBank has acquired a reputation as a trusted banking partner for millions of people because to its stability, commitment to quality, and good corporate governance. Being a mainstay of the Nigerian banking system, FirstBank has achieved this reputation.