Two new entrants make it onto China's top banks by return on capital ranking, with one of them taking the crown as China's best performing bank by this measure.
Two new entrants have stormed into China's return on capital (ROC) ranking this year. Nanchong City Commercial Bank is the country's leading lender by this indicator, recording 36.45% ROC, and is also a new entrant in the Top 1000, placing 593rd. Evergrowing Bank is also new to the Top 1000, entering the ranking in 193rd position. With ROC of 31.05% it places fourth in the country by this measure.
Panzhihua City Commerical Bank, which led China's ROC ranking last year, places fifth this year. Its 30.36% ROC is down from the 40.85% it recorded the year previous. Zhangjiakou City Bank also saw its ROC drop, from 38.64% to 34.01%, but it maintained its position as the second best performing bank in China by ROC.
Philip Alexander reports on the full results of The Banker’s Top 1000 World Banks ranking 2014 in Top 1000 World Banks 2014: Back on track? and Brian Caplen reports on the performance of China's banks in China's banks go from strength to strength.
