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Top 1000 World Banks - Asian lenders make presence felt in new arrivals table

The Top 1000 2018 new arrivals table show less diversity and a general drop in Tier 1 capital but it is China that brings the most new entrants. James King reports.
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The 2018 Top 1000 World Banks new arrivals table includes 27 banks from a total of 15 different markets. While the 2018 list of new players is both smaller and less diverse than the same table featured in the 2016 and 2017 world rankings, it nevertheless offers a good snapshot of the trends shaping the global banking landscape.

Chinese banks have replaced their US peers as the most numerous in the new arrivals table, with a total of five institutions making the cut. This is followed by Japanese banks, which account for four positions. Italy and the US both contribute three institutions each, while Indian banks secure two positions in the table. The remaining markets, which cover Africa, Asia-Pacific, Latin America and Europe, all account for one bank each.

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