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Top 1000 World Banks – Asian banks show strength in numbers

The Asia-Pacific (excluding China and Japan) region is once again led by Australian institutions, although this year's rankings underscore the strength of the region as a whole, with a high number of new entrants in each category. 
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Top 1000 world banks ranking 2014 – Asia-Pacific top 25 banks

Positive momentum has been sustained in this year’s Asia-Pacific (excluding China and Japan) results, as strong growth figures are underscored by a dynamic range of new players entering the rankings. Australian institutions fill the first four positions in the top 25, with the Commonwealth Bank Group improving three places to take the top spot with $35.14bn in Tier 1 capital. This success was replicated at the global level, where the bank rose from 45th position to 42nd.

Philip Alexander reports on the full results of The Banker’s Top 1000 World Banks ranking 2014, in the story Top 1000 World Banks 2014: Back on track?

Meanwhile, National Australia Bank, ANZ Banking Group and Westpac Banking Corporation each drop one place each in the top 25, placing second, third and fourth, respectively.

Thai banks are prominent in the top 25 this year, with Bangkok Bank gaining a place from last year, moving up to 18th, while Siam Commercial Bank and Krung Thai Bank are both new entries on the list, coming in at 22nd and 25th, respectively. This rise underscores the broader strength of Thailand’s banking sector, which has remained both well capitalised and profitable over the past 12 months, with aggregate pre-tax profits rising 0.67%.

Similarly, South Korea maintains its strong presence from last year’s Asia-Pacific rankings, with the same seven banks jostling for positions. KDB Financial Group drops two places to 10th, leaving space for Shinhan Financial Group to take the eighth spot.

The highest movers table includes three institutions from Hong Kong. Wing Hang Bank comes in at number four, posting a 34.24% increase in Tier 1 capital, while the Bank of East Asia and Shanghai Commercial Bank register 25.3% and 23.54% gains, respectively. The Philippines is once again home to the highest moving bank, building on the success of BDO Unibank in 2013, with the Philippine National Bank posting an extraordinary 130.12% increase in Tier 1 capital.

Papua New Guinea’s Bank of South Pacific maintains its leading position in the return on capital ranking with a 50.35% return, a reduction from the 68.69% it posted in the 2013 ranking. Pakistan’s United Bank and Bank Rakyat Indonesia also keep their places in the top five, posting 46.53% and 49.46% returns, respectively.

There are three new entrants from Asia-Pacific (excluding China and Japan) in the 2014 rankings: Cosmos Bank Taiwan at 867th, Australia's ME Bank at 843th and Vietnam's Saigon Commercial Bank at 832nd. 

Top 1000 World Banks Ranking 2014 – Asia-Pacific banks

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