Awards of Excellence
Asian regional awards
|
Best Bank: Bank Danamon
Best Equity House: Deutsche Bank
Best Debt House: UBS
Best M&A House: Credit Suisse |
Bank Danamon, controlled indirectly by Singapore’s Temasek Holdings, is Indonesia’s best bank. The fifth-largest commercial bank in Indonesia, Danamon boasts the widest geographic distribution network, with 500 branches and almost 800 ATMs.
In fiscal year 2006, Danamon reported a 23% increase in operating income, a 14% increase in pre-tax profit and a return on average equity of 16.5%. The bank reduced its cost to income ratio below 50% to 48.9% in 2006. The capital adequacy ratio...
