Mirroring The Banker’s Top 1000 World Banks ranking, China’s banks dominate not only by Tier 1 capital but by cost-to-income ratios too. Naturally, caution over numbers must be exercised for both measures, but based on publicly available figures more than half of the top 20 cost-to-income ranking names are Chinese – as they were in the 2017 ranking.
Shanghai Pudong Development Bank leads the pack, with a 23.86% ratio – a slight improvement on 2017’s ranking thanks to operating income rising faster than operating costs.
