The 2016 Top 1000 World Banks new arrivals list is notable for the dominance of US lenders. Of the 33 institutions in the 2016 table, 16 come from the US, while the next largest national representations are from the UK, Panama and Venezuela, each with two banks in the table. To put these results into perspective, the cumulative total of US lenders in the new arrivals table in the 2013, 2014 and 2015 editions of the Top 1000 World Banks ranking is also 16.
Underscoring this dominance is the fact that according to their 2015 annual results many US lenders enjoyed a strong year by most performance indicators. Total assets, pre-tax profits and Tier 1 capital were all up year on year. The relative strength of the US economy during the review period goes some way to explaining this, as does the strength of the US dollar at a time when some emerging market currencies have been subject to volatility, meaning that the diverse range of markets seen in the 2015 new arrivals ranking is less evident.
