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Cape Verde flag

Cape Verde

Bank Concentration

81.52
percent of nationwide bank assets
Source: IMF

Global Ranking

71
Guyana84.31
72
Mauritania82.74
73
Kuwait82.29
74
Nigeria82.05
75
Guinea81.69
76
Cape Verde81.52
77
Portugal80.96
78
France80.87
79
Burundi80.5
80
Lithuania80.38
81
Venezuela80.17

Africa Ranking

19
Gambia86.37
20
Swaziland85.82
21
Mauritania82.74
22
Nigeria82.05
23
Guinea81.69
24
Cape Verde81.52
25
Burundi80.5
26
Madagascar78.72
27
Benin75.01
28
Egypt74.96
29
Kenya74.1

Definition of Bank Concentration

Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.

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