Cambodian banks stand out in The Banker’s 2017 Top 100 Association of South-East Asian Nations (Asean) ranking. Although only two Cambodian banks feature, lenders from the country outpace regional peers across the board in terms of year-on-year growth in Tier 1 capital, total assets and pre-tax profits. Cambodia’s Acleda Bank has jumped a healthy 17 places to 71st place, while Canadia Bank makes its debut in the ranking in 94th position. In the 2016 ranking, only one Cambodian bank made the Top 100.
Cambodian lenders registered an impressive 25.23% year-on-year aggregate growth in Tier 1 capital in 2015, the annual results from which the banks are ranked. Indonesia was the second strongest country for the year, with an aggregate increase of 9.36%. Vietnamese banks came a close third with 8.07%.
