Global Finance has named the Safest Banks in Africa in an exclusive survey to be published in the November 2017 issue as part of the publication’s 26th annual ranking of the World’s Safest Banks.
Stanbic Bank Kenya Limited was named the safest bank in the country. The bank was selected through an evaluation of long-term foreign currency ratings—from Moody’s, Standard & Poor’s and Fitch.
In Africa, South African banks dominate the list, taking the top six positions. The full report includes the following rankings: World’s 50 Safest Banks, World’s 50 Safest Commercial Banks, Safest Banks by Country, 50 Safest Banks in Emerging Markets, Safest Islamic Financial Institutions in the GCC, and Safest Banks by Region (Africa, Asia, Australasia, Central & Eastern Europe, Latin America, Middle East, North America and Western Europe).
“Africa can be a difficult place to do business, so corporates need solid support from reliable financial partners. Our ratings provide valuable insight for global companies seeking to gain a toehold, or to build their strengths, in this region,” said Global Finance publisher and editorial director Joseph D. Giarraputo.
Safest Banks in Africa 2017
