Aside from runaway inflation, the energy crisis is sucking up capital to guarantee trades amid wild price swings, and this is an increasingly large risk for European financial institutions
National Bank of Egypt maintains its top spot in North Africa in our annual ranking of Africa's Top 100 Banks, while eight of the continent's 12 top banks are located in the region.
The position of South Africa’s big four banks has been eroded very slightly this year but they still fill four of the top six slots in our survey of Africa's Top 100 Banks in 2022.
Nigeria's banks dominate the West and Central African regional Top 20 of our 2022 survey of Africa's Top 100 Banks, but they are still underperforming.