On the global stage, it is easy to forget Japan’s banks, which are often eclipsed by the more dramatic stories of Europe’s downfall and China’s climb up the global bank rankings.
Japan’s banks have held steady and are characterised by their stability. While the top banks are losing their places at the top of the global rankings to their Chinese rivals, overall, Japan’s banks are holding their own. And even within the Top 100 Japanese Banks rankings – ordered by Tier 1 capital – the banks have held their relative positions without any dramatic leaping up through the rankings that are common in more rapidly developing markets.