Japan’s banks continue to struggle in the Top 1000 World Banks ranking, with all 82 banks except one seeing a decline in Tier 1 capital.

South Korea’s banks remain well capitalised, but economic issues have impacted Tier 1 capital growth. 

Taiwan’s banks have been affected by the country’s weak economic growth, which has seen the largest banks slip down the rankings.

Commerzbank and Deutsche Bank move up the best performing rankings as restructuring efforts bear fruit.

Italy’s largest lenders moved up in this year’s best-performing bank table, while last year’s top performers saw their fortunes wane.

Poland’s largest bank, PKO Bank Polski, is deposed from the top spot in this year’s overall best-performing table.

BBVA, Kutxabank and Banco de Sabadell are the three top performers in Spain this year, with the latter increasing its pre-tax profits by more than 87%.

BNP Paribas is crowned France's best-performing bank for 2023, but pre-tax profits for most French banks are hit by characteristics unique to the French retail market.

Following record profitability for Turkish banks in 2022, Akbank is Turkey’s best-performing bank in this year’s rankings.

Al Rajhi Bank’s growth sees it top Saudi Arabia’s performance tables, even as SNB remains the country’s largest lender.