China’s continuing dominance of the Asia-Pacific banking sector has become more and more apparent in recent years. Removing the influence of its banking behemoths, along with Japan’s – which are customarily not considered as part of the Asia ranking – reveals a rather more nuanced picture, however.
Australia has traditionally been the third largest banking power in the Asia-Pacific region and excluding China and Japan leaves it clear to take the first four spots in a regional top 25. South Korea, which has also been a strong performer in recent years, posted strong results too, with more banks in the ranking than any other.
