With a ROC of 54.68%, Nairobi-based Equity Bank leads the top five African banks by return on capital ranking.
Africa's top five banks by return on capital (ROC) is a mixed bag, with one lender from Mauritius, and two a piece from Kenya and Egypt. Nairobi-based Equity Bank leads the ranking with a ROC of 54.68%, nearly the same as the 54.39% it posted a year previous.
The largest bank in the ROC ranking, Cairo-based National Bank of Egypt, is 404th in the Top 1000 and ninth in the regional ranking with $1994m of Tier 1 capital. Its 52.77% ROC represented a gain on the 41.63% it posted a year previous and put it second in this year's ROC ranking. The second largest bank is third placed CIB Egypt, which ranks 535th in the Top 1000 and 15th in the regional table with Tier 1 capital of $1258bn. It posted ROC of 47.84%.
State Bank of Mauritius and Kenya Commercial Bank round off the ROC ranking with 40.49% and 39.53% ROC, respectively.
Philip Alexander reports on the full results of The Banker’s Top 1000 World Banks ranking 2014 in Top 1000 World Banks 2014: Back on track? and Paul Wallace reports on the performance of Africa's banks in Africa’s biggest banks endure a tough year.
