Top 100 asian banks

IFR Asia - Asian Issuers 2010
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Fitch’s top 100 Asian banking groups
Total assetsNet incomeEquity last yearAverage returnTotal capitalIndividual
BankCountryClosing date(US$m)(US$m)(US$m)on assets (%)ratio (%)rating
1Industrial & Commercial Bank of China (The) - ICBCChina31/12/20091,725,93818,95099,4311.212.4D
2China Construction Bank CorpChina31/12/20091,409,35515,64681,8691.2411.7D
3Agricultural Bank of ChinaChina31/12/20091,300,8689,52050,2220.8210.1E
4Bank of China LtdChina31/12/20091,281,18312,53679,3221.0911D
5National Australia Bank LtdAustralia30/09/2009575,6932,27933,2990.411.5B
6Hongkong and Shanghai Banking Corp Ltd (The)Hong Kong31/12/2009559,8226,53034,9081.1816.1A/B
7Commonwealth Bank of AustraliaAustralia30/06/2010538,6084,73329,6420.911.5A/B
8Westpac Banking CorpAustralia30/09/2009518,8983,09532,1860.6810.8A/B
9Bank of Communications Co LtdChina31/12/2009484,6284,43124,0801.0112D
10Australia and New Zealand Banking GroupAustralia30/09/2009419,7982,59228,5410.6213.7B
11State Bank of IndiaIndia31/03/2010321,2902,66219,0020.8713.49C
12China Merchants Bank Co LtdChina31/12/2009302,8532,67113,588110.5D
13China CITIC Bank Corp LtdChina31/12/2009260,1382,13215,8540.9410.1D
14Woori Finance Holdings Co Ltd - Woori Financial GroupSouth Korea31/12/2009244,65895813,7290.3812.35C
15Shanghai Pudong Development BankChina31/12/2009237,6491,9359,9720.910.3D
16KB Financial GroupSouth Korea31/12/2009225,13457715,5530.213.34
17Shinhan Financial GroupSouth Korea31/12/2009218,9941,14117,7260.5112.6
18China Minsheng Banking CorpChina31/12/2009208,8971,77313,0190.9810.8D
19DBS Group Holdings LtdSingapore31/12/2009184,2981,58821,0200.8716.7
20China Everbright Bank Co LtdChina31/12/2009175,3971,1197,0450.7510.4D/E
21Industrial Bank Co LtdChina31/12/2009195,0971,9458,7281.1310.75D
22Oversea-Chinese Banking Corp Ltd - OCBCSingapore31/12/2009138,4491,53515,5191.1516.5B
23Macquarie Group LtdAustralia31/03/2010133,6671,00110,7790.74n.a.B
24United Overseas Bank Ltd - UOBSingapore31/12/2009132,2351,36913,6491.0419B
25Hana Financial GroupSouth Korea31/12/2009129,0842558,4950.1912.09
26Hua Xia BankChina31/12/2009123,8185514,4280.4810.2D/E
27Taiwan Financial HoldingsTaiwan31/12/2009124,5442647,5630.22144.5C
28Cathay Financial Holdings Co LtdTaiwan31/12/2009130,1683286,5280.27125.6C
29ICICI Bank LtdIndia31/03/2010108,4191,07311,647119.2C
30Guangdong Development BankChina31/12/200997,6084963,2500.569D/E
31Fubon Financial Holding Co LtdTaiwan31/12/200992,7355996,4540.78161.8B/C
32Malayan Banking Bhd - MaybankMalaysia30/06/200988,2162137,3150.2615B/C
33Standard Chartered Bank (Hong Kong) LtdHong Kong31/12/200986,9266334,9960.77n.a.
34Shenzhen Development Bank Co LtdChina31/12/200986,0867372,9980.958.9D/E
35Korea Exchange BankSouth Korea31/12/200985,8927666,8500.8614.93C
36Suncorp-Metway LtdAustralia30/06/200979,08128610,7340.3712.8B
37Taiwan Cooperative BankTaiwan31/12/200978,4652063,3640.2710.86C/D
38Bank of Beijing Co LtdChina31/12/200978,1278255,5031.1914.4D
39Mega Financial Holding CoTaiwan31/12/200975,6824335,9480.58126.1B/C
40Taishin Financial Holding Co LtdTaiwan31/12/200971,9633224,2820.45132.97C
41CIMB Group Holdings BhdMalaysia31/12/200970,2118906,6131.36n.a.
42Bank of ShanghaiChina31/12/200968,2525313,1500.8710.3D
43Land Bank of TaiwanTaiwan31/12/200963,6191733,0220.2810.54
44Public Bank BhdMalaysia31/12/200963,4077453,4211.2414.7B/C
45Bank of BarodaIndia31/03/201062,9837073,4951.2414.36C/D
46First Financial Holding Co LtdTaiwan31/12/200959,411813,0870.14119.7C
47Bank of East Asia LtdHong Kong31/12/200955,9713405,0960.6213.3
48Chinatrust Financial Holding CoTaiwan31/12/200953,351744,5400.14131.75B/C
49Bangkok Bank Public Co LtdThailand31/12/200953,1806275,9261.2115.51C
50Shin Kong Financial Holding Co LtdTaiwan31/12/200957,639672,8080.12124.01
51Hua Nan Financial Holdings Co LtdTaiwan31/12/200955,0451352,8400.25125.84C/D
52Punjab National BankIndia31/03/201067,2588624,1941.414.82C/D
53HDFC Bank LtdIndia31/03/201049,3966724,8071.4917.5C
Source: Fitch Ratings
Fitch’s top 100 Asian banking groups
Total assetsNet incomeEquity last yearAverage returnTotal capitalIndividual
BankCountryClosing date(US$m)(US$m)(US$m)on assets (%)ratio (%)rating
54Bank of Jiangsu Co LtdChina31/12/200948,4253842,2020.9410.7
55Krung Thai Bank Public Co LtdThailand31/12/200946,3343663,3770.8515.92C/D
56Chang Hwa Commercial Bank LtdTaiwan31/12/200944,707942,4550.2210.83C/D
57Bank of IndiaIndia31/03/201061,3353953,2710.7113C/D
58Bendigo and Adelaide Bank LtdAustralia30/06/201043,4342173,2340.5211.2B/C
59Canara BankIndia31/03/201059,0516403,3591.2313.32C/D
60Beijing Rural Commercial Bank Co LtdChina31/12/200943,002n.a.1,143n.a.n.a.
61Bank Mandiri (Persero) TbkIndonesia31/12/200941,9807663,7551.9115.43C/D
62Kasikornbank Public Co LtdThailand31/12/200940,7734483,9601.1215.19C
63Central Bank of IndiaIndia31/03/201040,5322581,7580.712.24
64AXIS Bank LtdIndia31/03/201040,0105493,5431.5115.8C
65Siam Commercial Bank Public Co LtdThailand31/12/200938,8376264,2561.6216.5C
66Taiwan Business BankTaiwan31/12/200935,987431,2640.1210.14
67Sinopac Financial HoldingsTaiwan31/12/200934,182272,5110.08120C
68Bank Rakyat Indonesia (Persero) TbkIndonesia31/12/200933,7187772,9002.613.2C/D
69RHB Capital BhdMalaysia31/12/200933,5673532,7251.1n.a.
70Shanghai Commercial & Savings Bank LtdTaiwan31/12/200932,8352963,0600.9115.53B/C
71Ping An BankChina31/12/200932,3191622,0960.613.1
72Union Bank of IndiaIndia31/03/201043,2404602,3101.1712.51C/D
73Evergrowing Bank Co LtdChina31/12/200931,3061741,4830.6512
74Shanghai Rural Commercial BankChina31/12/200931,0352891,9071.0312
75Syndicate BankIndia31/03/201030,8081801,2470.6111.2
76Oriental Bank of Commerce LtdIndia31/03/201030,4492511,8250.9112.5C/D
77UCO BankIndia31/03/201030,4242241,1540.8113.2D
78Bank Central AsiaIndonesia31/12/200930,0427242,9632.5815.33C/D
79E. Sun Financial Holding Co LtdTaiwan31/12/200928,555581,5740.22116.1C
80Bank of Queensland LtdAustralia31/08/200928,5461181,7720.4411.5B/C
81Allahabad BankIndia31/03/201027,0092721,5431.1213.62C/D
82Busan BankSouth Korea31/12/200926,5262101,8200.8314.68C
83Corporation Bank LtdIndia31/03/201024,7502621,2921.1915.2C/D
84AMMB Holdings BhdMalaysia31/03/201029,4783193,0081.12n.a.
85Hong Leong Financial Group BhdMalaysia30/06/200924,5512731,9381.1316.5
86Bank Negara Indonesia (Persero) - Bank BNIIndonesia31/12/200924,2022652,0401.1613.78C/D
87Daegu Bank LtdSouth Korea31/12/200924,1491471,5220.6214.11C
88China Zheshang Bank Co LtdChina31/12/200923,9331271,2740.711.1
89Bank of NingboChina31/12/200923,9232131,4271.0910.8
90Indian Overseas BankIndia31/03/201029,0451571,6670.5614.78C/D
91Bank of Ayudhya Public Co LtdThailand31/12/200923,4142002,7790.8714.15C
92Bank of Hangzhou Co LtdChina31/12/200921,9662001,5181.0912.6
93Bank of TianjinChina31/12/200921,9191921,2190.9612.5
94Guangzhou Rural Commercial BankChina31/12/200927,1953951,6651.6911.95
95Bank of NanjingChina31/12/200921,9042261,7821.2813.9
96Huishang Bank Co LtdChina31/12/200923,7842571,8761.212.14
97Wing Hang Bank LtdHong Kong31/12/200918,9701561,6170.8617.8B/C
98Banco de Oro Unibank IncPhilippines31/12/200918,5961321,4640.7312.17C/D
99Bank of DalianChina31/12/200918,5741399040.913.4
100Metropolitan Bank & Trust CoPhilippines31/12/200918,4291471,7330.8414.3C/D
Note:
Since March is the financial year end for Indian banks, 31/3/2010 is the right reference point to all Indian banks.
Subs' I/R are used for these banks
* Taiwan Financial Holdings - Bank of Taiwan 'C'
* Cathay Financial Holdings - Cathay United Bank 'B/C'
* Mega Financial Holdings - Mega ICBC Bank 'B/C'
* Fubon Financial Holdings - Taipei Fubon Bank 'B/C'
* Hua Nan Financial Holdings - Hua Nan Bank 'C/D'
Source: Fitch Ratings