Indonesian banks have performed strongly in The Banker’s 2018 Top 100 Association of South-east Asian Nations (Asean) ranking. The total number of Indonesian banks in the top 10 has grown from two to three. Bank Mandiri has jumped from seventh to fifth place, while Bank Rakyat Indonesia and Bank Central Asia (BCA) have climbed four and two places, respectively, to sixth and ninth.
Banks in Indonesia also top the ranking by return on assets (ROA). Though the top bank is a foreign name, Deutsche Bank Indonesia, a fully domestic lender, BCA is in second place with an ROA of 3.82%.
