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June 2004

Bank atlas 2004: Good times ahead for banking

by Samuel Theodore

The promised crisis never came and instead last year turned out to be a good one for most banks. This year is set to be even better as banking becomes structurally ever safer, though it will never be entirely risk free.




Top 200 banks

Largest banks by country
A-C     |      D-I    |    J-M    |    N-R    |    S-Z

LAST YEAR TURNED out to be a good one for banks. Fears of the crisis that never was disappeared, and this year looks even more promising for their bottom line. Banking in the industrialized world is structurally safer than ever even though it will probably never be risk-free. Although just about every major economy has suffered a recession and credit crises in the past few years, global banks have proved resilient. Financial crises might still arise but, unlike in 1988-92, banks are better placed to deal with unforeseen problems. Even so, banks' performance remains linked to credit cycle trends, though large banks have tried to...

More information on bank atlas: the world's largest banks


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