The usual players once again top The Banker’s top 250 EU banks ranking – banks from western Europe – while the highest ranked institution from central and eastern Europe is Polish state-owned PKO Bank Polski, which sits in 56th place with $6.51bn of Tier 1 capital.
The top bank in Europe is HSBC, which holds on to its top position for the fourth year in a row. The UK bank increased its Tier 1 capital by 4.71% to $158.16bn, and also leads the rankings by pre-tax profits and assets. France’s largest bank, BNP Paribas, slightly decreased its Tier 1 capital to $99.17bn but still retained its position as the second largest bank in the region, while Barclays jumped up three positions to third on the back of a $11.85bn increase in capital. It also recorded a huge 1117.71% improvement in profits.