China’s spectacular growth and Japan’s steady performance are the biggest stories to emerge from the Asia-Pacific region in recent years, but when these two markets are removed from the rankings, the regional growth of a number of players becomes apparent.
In Asia-Pacific excluding China and Japan, it is the Australian banks that dominate the rankings. The top four Australian banks – National Australia Bank (NAB), Commonwealth Bank, ANZ and Westpac – are clustered around the same point in the global rankings, in 38th, 41st, 42nd and 50th positions, respectively. And the difference in Tier 1 capital between them is not as wide as other markets; NAB has the highest figure with $32.35bn and Westpac the lowest with $26.51bn. These figures pale in comparison to the highest Chinese performer – ICBC – which has a Tier 1 capital of $140.03bn.
After the Australian banks, the next best performer in the Asia-Pacific region is the Singaporean bank DBS, which has a Tier 1 capital of $21.17bn. This makes DBS the top bank in the Association of South-east Asian Nations (Asean) ranking. DBS is followed in the Asean table by fellow Singaporean banks Overseas Chinese Banking Corporation and United Overseas Bank, which have Tier 1 capital of $14.31bn and $13.85bn, respectively.
Malaysia’s Maybank is fourth in the Asean table and has a global ranking of 113rd, higher than its local rival CIMB Group, which is also eyeing expansion across the Asean region. Malaysia’s Public Bank scored higher than CIMB in the regional rankings and is placed sixth in the Asean table, two places higher than CIMB.
The highest scoring Indonesian bank in the Asean table is Bank Mandiri, which is also notable for being the highest mover in Asia-Pacific with a Tier 1 capital change of 63.17%. Also, Bank Danamon, also of Indoensia, comes second in the highest movers table with a Tier 1 capital change of 46.45%. Bank Rakyat Indonesia further demonstrates Indonesia's growth banking strength by ranking fifth in this table.
After the Australian banks in the Asia-Pacific (excluding China and Japan) table, it is South Korean banks that are the most noticeable. KDB Financial Group is the highest ranked South Korean bank, and is also the highest performing new entrant, with a Tier 1 capital of $17.21bn.
