«First Bank» Ranking of the largest 20 Banks in North Africa as of end-2025

«National Bank of Egypt» maintains its lead with total assets of 191 USD bn… Banque Misr ranks second

Moroccan banks secure 8 spots in the ranking, accounting for 39% of total assets

Egyptian banks dominate with 51% of total assets of the top 20 banks in North Africa

Relatively limited presence of Tunisia and Algeria in the ranking

The «First Bank» list of the top 20 banks in North Africa by the end of 2025 revealed that Morocco ranked first in terms of number of banks represented, securing 8 positions in the ranking, with total assets amounting to 270.43 USD bn, representing 39% of the list’s total assets.

Meanwhile, the Egyptian banking sector outperformed in terms of its share of total assets, as 7 Egyptian banks recorded a combined total of 354.13 USD bn, accounting for around 51% of the total assets of the top 20 banks in North Africa.

The ranking also showed a relatively limited presence for both Tunisia and Algeria. The Tunisian banking sector was represented by 3 banks, with total assets reaching 23.22 USD bn by the end of 2025, equivalent to approximately 3% of the list’s total assets.

Algeria, on the other hand, was represented by only two banks, yet it surpassed Tunisia in terms of total assets, recording 42.29 USD bn by the end of the same year, accounting for about 6% of the total assets of the top 20 banks in North Africa.

The ranking was based on banks’ total reported assets denominated in USD, providing a unified comparison tool across different banking institutions. It also excluded banks lacking officially disclosed data to ensure the accuracy and reliability of the adopted methodology.

Regarding the top 10 banks in the ranking, National Bank of Egypt secured the first position, with total assets reaching 191.03 USD bn by the end of 2025.

Banque Misr ranked second, with its asset portfolio reaching 90.75 USD bn by the end of the same year.

Attijariwafa Bank came in third place, recording total assets of approximately 87.23 USD bn by the end of last year.

Banque Centrale Populaire ranked fourth, with assets totaling around 62.64 USD bn by the end of 2025.

Bank of Africa secured the fifth position, with total assets reaching 47.99 USD bn by the end of December.

Commercial International Bank came in sixth place, reporting total assets of around 30.11 USD bn by the end of 2025.

Credit Populaire d'Algerie ranked seventh, with total assets reaching 25.41 USD bn by the end of the same year.

Arab African International Bank came eighth, with assets totaling 20.01 USD bn by the end of 2025.

Credit Agricole du Maroc ranked ninth, with total assets reaching approximately 19.27 USD bn by the end of last year.

Credit Immobilier et Hotelier secured the tenth position, with total assets amounting to around 17.95 USD bn by the end of 2025.

It is worth noting that the ranking included parent banking groups across North African countries and excluded their foreign subsidiaries.