Top 1000 World Banks - Australian quartet keep top Asia-Pacific positions

Australian banks retain their positions at the top of the Asia-Pacific (excluding China and Japan) table, but Vietnam provides much of the region's good news. Kimberley Long reports.

by Kimberley Long

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Australian banks have kept a tight grip on the top of the Asia-Pacific (excluding China and Japan) rankings, with Commonwealth Bank holding onto its number one position. The bank has also retained its 45th position in the global rankings, as its Tier 1 capital increased by 3.15% to $42bn in 2018.

Westpac Banking Corporation is still in second place, although its Tier 1 capital slipped by 1.43% in the review period. ANZ Banking Group remains in third with $38bn of Tier 1 capital, a fall of 1.8% on last year. National Australia Bank rounds out an all-Australian top four with $35bn in Tier 1 capital – a decline of 5.61%. No other Australian lender appears in the Asia-Pacific (excluding China and Japan) top 25 table.

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Kimberley Long

Kimberley Long is the Asia editor at The Banker. She joined from Euromoney, where she spent four years as transaction services editor. She has a BA in English Language and Literature from the University of Liverpool, and an MA in Print Journalism from the University of Sheffield. Between degrees she spent a year teaching English in Japan as part of the JET Programme.

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