The chart below shows the Top 10 African Banks by Profit: Click to enlarge Source: The Banker The list is dominated by South African banks which take the top four spots. Standard Bank Group (SGBLY) has presence in 19 countries in Africa and is one of the largest banks in South Africa. Currently the ADR pays …
Banks in Cyprus opened today after being closed for 12 days due to the ongoing crisis. The most anticipated event of the crisis – namely a good old-fashioned bank run – did not occur. Instead it appears that this Cyprus drama will drag for a few months. The tiny island of Cyprus was thrown in …
Continue reading ‘The Top 25 Global Banks Ranked By Losses 2012’ »
The Global Finance magazine publishes their top bank rankings each year for various categories. The lists for this year were published last month. In this post lets take a quick look at the top banks in North America. From the report in the magazine: The banks were selected through a comparison of the long-term credit …
Continue reading ‘The Top 10 Safest Banks in North America 2013’ »
The Spanish banking sector has been hit hard in the past few years due to the Global Financial Crisis and then the European Sovereign Debt Crisis. Bank stocks in Spain have recovered from the March 2009 lows although they are nowhere near their pre-crisis levels. Despite all the continuing troubles at home, some investors are …
Continue reading ‘A Note On Spanish Banks’ Exposure To Latin America’ »
The January edition of The Banker magazine has published the list top ranked banks in Africa under many categories. The Top 10 African banks by Profit in the full year of 2011 are shown in the table below: Click to enlarge Source: The Banker South African banks dominate the list taking 6 of the 10 …