Growing intra-Asian trade and investment is assisting local bank development, as shown by the new banks and movements in the ranking of the top 25 banks in Asia-Pacific, excluding China and Japan, for 2015. Australian banks remain the largest, though their performances are mixed. As in 2014, the top four are Commonwealth Bank Group, National Australia Bank, ANZ Banking Group and Westpac Banking Corporation. The Tier 1 capital base of both Commonwealth Bank Group and Westpac has risen year on year by a small degree, ANZ’s rose from $32.8bn to $33.8bn, but National Australia Bank experienced a dip.
Thailand banks’ presence in the top 25 is down from three to two banks. Bangkok Bank drops down a place to 19th position and Siam Commercial Bank stays in 22nd place. However, Krung Thai Bank has not made it into the ranking of top 25 banks in Asia-Pacific this year.
