In South Africa, the last will be first and the first last, at least when it comes to the country’s banks.
Standard Bank comfortably retains its crown as the largest lender in South Africa in The Banker’s 2022 Top 1000 World Bank ranking, coming in at number 157 overall, unchanged from last year. Yet it is Investec South Africa, the country’s fifth-largest bank, that once again has been crowned best performer, with Standard Bank coming in at fifth position for overall performance.