Each year, The Banker remains committed to increasing the scope of its research to ensure that the Top 1000 ranking finds new banks that were not tracked in previous years. In 2012, while the West has been busy consolidating banks, there have been new entrants from across the globe which have made it into the ranking due to pure organic growth. In this vein, it is worth mentioning that the $284m Tier 1 capital of the 1000th ranked bank in the Top 1000 is 11% larger than the $255m held by the bank that held this position last year, a reflection of the growth in emerging markets.
South Korea’s KDB Financial Group is the biggest new arrival, ranking 71st with Tier 1 capital of $17bn. The former development bank is in talks to sell a stake of up to 30% in an initial public offering planned for October 2012.
