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Best-performing banksJanuary 2 2006

South Africa takes the lion’s share

South African banks head our league table again, with the top five slots and a hefty chunk of Tier 1 capital.
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Once again, this year the ‘big five’ South African banks occupy the top positions in The Banker’s Top 100 sub-Saharan African banks listing. The remaining places in the top 10 are filled by another South African bank, African Bank, at six and then four banks from Nigeria: First Bank of Nigeria, Union Bank of Nigeria, Zenith International Bank and Intercontinental Bank.

Five other South African banks are represented in the Top 100, helping that country to account for a massive 74.9% of the aggregated Tier 1 capital of the Top 100, 83.5% of the aggregate assets and 72.4% of the aggregate pre-tax profits.

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