High-profile collapses were just one challenge the industry faced in 2023
Polish and Czech banks dominate the top 10 based on Tier 1 capital, with Hungary’s OTP Bank pipping PKO Bank Polski to first spot this year.
In 2022, banks’ performance in Latin America and the Caribbean had a boost from rising interest rates and economic growth.
The strong dollar has dampened the growth of Islamic banking services in Asia-Pacific, while Saudi Arabia continues to see large expansion.
For the second year in a row, Vancity has topped the annual Sustainable Banking Revenues league table, which looks at how much of banks’ overall revenue is being generated from sustainable lending, investments and underwriting.
Lenders across the continent experienced pressure from high inflation and a strong US dollar in 2022.
The Caribbean economies expanded last year on the back of increased revenue in commodity-exporting countries. Most of the biggest lenders in the region improved metrics, such as assets and profits.
Singapore’s banks take the top spots again in the Tier 1 ranking, but Indonesia’s banks continue their strong showing across the performance metrics.
Norwegian banks dominate several best-performing categories, while two Swedish banks have different stories to tell in this year’s top Nordic bank rankings.
The past year saw a wave of consolidation in the US banking sector, with many regional players expanding their footprint through acquisitions and leaping up the ranking as a result.
The world’s biggest banking brands have increased their value for the second year running, despite a contraction in the longstanding engine of growth — China.
The largest banks operating in the CIS republics experienced a substantial uplift in 2021, with the vast majority increasing their Tier 1 capital, total assets and pre-tax profits.
Banks’ performance at a regional level recovered well in 2021, despite some outliers.
The ranking shows the recovery of a majority of lenders after a bleak 2021.
While both Tier 1 capital and assets declined, the aggregate profits of the largest 250 western European banks doubled.
The continent’s largest banks returned to profitability in 2021, even as growth slowed in Egypt and Morocco, writes John Everington.
The new ranking, produced with Corporate Knights, analyses the share of banking revenues derived from sustainable activities.
Almost three-quarters of the central and eastern European region’s top 100 banks saw a fall in their Tier 1 capital during 2021.
SNB claims the Arab world’s top spot as post-Covid regional profitability rebounds.
While state-owned banks are making the headlines in the country ranking, the city banks are leading the way in performance.