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NEW YORK, March 11, 2015 — Global Finance magazine has named the World’s Best Emerging Markets Banks in Africa in an exclusive survey to be published in the May 2015 issue. Global Finance editors—with input from industry analysts, corporate executives and banking consultants—selected the best emerging markets bank in the region and in 29 countries. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products. In addition, a poll of Global Finance’s corporate readership was conducted in order to increase the accuracy and reliability of the results.
This is the twenty-second year that the magazine has selected top banking performers in emerging markets. The report covers best banks in Latin America, Central & Eastern Europe, Asia-Pacific, the Middle East and Africa.
“Banking markets around the world are changing dramatically in the face of a new regulatory landscape and changing conditions. Some global players are reduce their footprints and product lines, while some regional andlocal players are expanding beyond their home markets,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “We honor those banks that have the deepest commitment to the markets in which they operate and understanding of the specific needs of customers based in those markets.”
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BEST EMERGING MARKETS BANKS IN AFRICA 2015 |
|
---|---|
Regional Winner | Standard Bank |
Algeria | Arab Banking Corporation Algeria |
Angola | Standard Bank Angola |
Botswana | Standard Chartered Bank Botswana |
Burkina Faso | United Bank for Africa (Burkina Faso) |
Cameroon | United Bank for Africa (Cameroon) |
Côte d’Ivoire | Société Générale de Banques en Côte d’ Ivoire |
DR Congo | Trust Merchant Bank |
Djibouti | BCIMR |
Ethiopia | Commercial Bank of Ethiopia |
Gambia | Standard Chartered Bank Gambia |
Ghana | GCB Bank |
Guinea | FBN Bank Guinea |
Kenya | Equity Bank |
Madagascar | Bank of Africa – Madagascar |
Mali | Bank of Africa – Mali |
Mauritius | Barclays Bank of Mauritius |
Morocco | Attijariwafa Bank |
Mozambique | Millennium bim |
Namibia | Bank Windhoek |
Nigeria | FirstBank of Nigeria |
Rwanda | Bank of Kigali |
Senegal | Bank of Africa Senegal |
Sierra Leone | Standard Chartered Bank Sierra Leone |
South Africa | FirstRand Bank |
Togo | Ecobank Togo |
Tunisia | Banque Internationale Arabe de Tunisie |
Uganda | Barclays Bank of Uganda |
Zambia | Standard Chartered Bank Zambia |
Zimbabwe | Stanbic Bank Zimbabwe |