The following are banks in Africa with a regional footprint. For companies looking for a regional & pan African footprint (immediately or as a future goal), banking with these banks brings the advantage of a multi country footprint:

Ecobank

ecobank_esaja__bank_Africa

Active Markets: 33

HQ: Lome, Togo

, Ecobank has grown to become the largest bank in Africa by footprint. It’s very tagline affirms it’s ethos of being “The Pan African Bank”. The company has developed a number of products positioned to enhance cross border trade in Africa including an Africa Diaspora account and Rapidtransfer, a platform for remitting money between African nations.

Standard Bank

standard_bank_esaja_bank_Africa

Active Markets: 19

HQ: Johannesburg, South Africa

Standard Bank is the largest bank in Africa by market capitalisation. The bank’s historical foundation is Southern Africa however it has developed a solid presence in East & West Africa. It sold all non African assets to focus on the continent. In markets where Standard Charted operates, it trades as Stanbic Bank to prevent confusion.

United Bank For Africa

united_bank_esaja_bank_Africa1

Active Markets: 19

HQ: Lagos, Nigeria

The United Bank for Africa has grown from it’s Nigerian base to become a bank with pan African core. It was the first bank from the continent to open up shop in Europe & the Americas so as to serve as a funnel for encouraging diaspora investments in Africa.

Bank Of Africa

boa

Active Markets: 17

HQ: Bamako, Mali

The Bank Of Africa was founded in Mali  in 1982. With an initial presence in West Africa, it expanded to cover central and East Africa. The bank is now majority owned by Morocco based BMCE Bank, the second largest private bank in Morocco. It is stepping up its Pan African drive in a bid to grow it’s market share across the continent.

Société Générale

sg

Active Markets (Africa): 17

HQ: Paris, France

This French bank has been in Africa for over 100 years particularly strong in French speaking Africa, Namely North and West Africa. It has an aggressive Africa consolidation strategy that will see it step up its exposure to the region and consolidate leadership positions in markets like Ivory Coast. In April 2015, the bank announced that it has setup in excess of $4 billion for investment into its African operations.

Standard Chartered

ghana

Active Markets: 15

 HQ: London, UK

Standard Bank has been in Africa for over 150 years. The company is very active across emerging markets in Africa, The Middle East & Asia. It’s Africa strategy builds on this emerging markets focus, opening up linkages between the continent with global and domestic markets.

Barclays Africa Group

prosper

Active Markets: 12

HQ: Johannesburg, South Africa

Barclays Africa is a Johannesburg Stock Exchange listed company, it was formed from the core assets of Absa bank and Barclays PLC’s Africa operations. The bank is moving aggressively across the continent, spurred by it’s One Africa strategy.

MOYB1

Leave a Reply

Your email address will not be published. Required fields are marked *