Two Indonesian banks, Bank Mandiri and Bank Rakyat Indonesia (BRI), have entered the Asia Pacific (excluding China and Japan) country listings in 19th and 20th place, respectively. Mandiri's Tier 1 capital grew from $7.33bn to $10.44bn in 2016 and BRI's from $6.77bn to $10.17bn.
This growth has pushed the two banks up in the 2017 Top 1000 ranking to 126th and 127th positions, respectively. Indonesian banks also feature strongly in the highest movers ranking, with three lenders present.
