Global Finance magazine has announced its 25th annual awards for the World’s Best Banks. The honorees for Africa are presented here.


Global Finance magazine has announced its 25th annual awards for the World’s Best Banks. The honorees for Africa are presented here.

A full report on the selections will appear in the May issue of Global Finance, with winners chosen in nearly 150 countries across Africa, Asia-Pacific, Central & Eastern Europe, Latin America, the Middle East, North America and Western Europe. The May report will also feature selections for the Best US Regional Banks and the World’s Best Banks by Region.

The overall Best Bank in the World will be announced in the summer and published in the October issue, along with the Best Global Banks in 14 key categories. The winners of this year’s awards are those banks that attended carefully to their customers’ needs in difficult markets and accomplished better results while laying the foundations for future success.

All selections were made by the editors of Global Finance after extensive consultations with corporate financial executives, bankers and banking consultants, and analysts throughout the world. In selecting these top banks, Global Finance considered factors that range from the quantitative objective to the informed subjective. In addition, a poll of Global Finance’s corporate readership was conducted in order to increase the accuracy and reliability of the results.

Banks were invited to submit entries supporting their selection. Objective criteria considered included: growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products. Subjective criteria included the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry.

“At a time of unprecedented change in the financial services industry, Global Finance’s annual Best Bank Awards continue to deliver a consistent evaluation of financial industry performance, whether in developing products to meet emerging financing needs or designing digital platforms that speed and enhance services,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “The winners are world-class leaders, responding adeptly to shifting political winds, new technologies and changing market conditions.”


The World's Best Banks In Africa 2018

Regional Winner - Standard Bank Group

Country Name

Societe Generale Algeria


Banco de Fomento Angola (BFA)


Societe Generale Benin


Stanbic Bank Botswana

 Burkina Faso

Ecobank Burkina Faso


Afriland First Bank

 Côte d’Ivoire


 DR Congo





Commercial Bank of Ethiopia


Ecobank Gambia


Zenith Bank Ghana


Societe Generale de Banques en Guinée


Equity Bank


Bank of Africa Madagascar


National Bank of Malawi


Bank of Africa


Standard Bank Mauritius


Attijariwafa Bank


Millennium bim


First National Bank of Namibia


First Bank of Nigeria


I&M Bank Rwanda


Societe Generale de Banques au Senegal

 Sierra Leone

Zenith Bank

 South Africa

Standard Bank




Ecobank Togo


Banque Internationale Arabe de Tunisie


Stanbic Bank Uganda


Barclays Bank Zambia


CBZ Bank


You can download the full press release here.


Press releases listing the winners can be found via the links below and a full report on the selections will appear in the May issue of Global Finance, which will include the following:

*** When referencing this release, please include a link to and a link to coverage of the awards at as well as the ‘About Global Finance’ paragraph below. Thank you.

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,050 and readers in 189 countries. Its circulation is audited by BPA. Global Finance’s audience includes chairmen, presidents, CEOs, CFOs, treasurers and other senior financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance’s website — — offers analysis and articles that are the legacy of 31 years of experience in international financial markets, and provides a valuable source of data on 192 countries. Global Finance is headquartered in New York, with offices in London and Milan.

For editorial information please contact:
Andrea Fiano |

To obtain rights to use Global Finance’s awards logo, please contact:
Chris Giarraputo |

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