The changing funding composition is particularly relevant in 2023 and 2024, says the European Banking Authority.
The Banker’s editor Joy Macknight and Middle East and Africa editor John Everington discuss regional banks’ strong showing in this year’s Top 1000, underpinned by regional dollar pegs and a windfall year for oil revenues
The potential risk to banks is mitigated much more than before the global financial crisis.
The Banker's editor Joy Macknight and Middle East and Africa editor John Everington assess the impact of currency woes in Egypt and South on banks' results, together with the exposure of major lenders to Ghanaian debt
Total assets for the country’s financial co-operative sector reported 28.6% growth last year.
The Banker’s editor Joy Macknight and Asia editor Kimberley Long assess the impact of the strong US dollar on China’s megabanks, and how emerging markets like Vietnam are bucking the trends
In May, households withdrew £4.6bn from banks and building societies.
China’s largest state-owned banks have retained their places at the top of the Top 1000 ranking, despite the strength of the US dollar affecting their core capital levels.
A big shake-up occurred in the Canadian banking sector in 2022, with TD overtaking RBC as the biggest bank by Tier 1. However, it is BMO that comes up trumps in performance.
The majority of US banks in the Top 1000 ranking have boosted both core capital and total assets. However, profits dipped for more than half of the lenders.
Indonesia’s banks have a weaker showing in the 2023 Top 1000 World Banks ranking, following a stellar 2022.
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.