East African banks break into roll of global elite lenders
Kenya’s Co-operative Bank, KCB Group, Equity and Stanbic, alongside Tanzania’s NMB and CRDB and DRC’s RawBank, rank among the world’s top-performing banks.
Top East African retail banks have been named among the world’s top-performing lenders, reflecting their sustained profit trends and raising the profile of the region’s banking sector among foreign investors and depositors seeking strong, stable institutions.
Regional lenders, mainly from Kenya, Tanzania, and the DR Congo, have been included in Forbes’ list of the world’s 500 best-performing banks.