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Home Emerging Market Banks: Euromoney/Fitch IBCA ranking of the top 200 banks in Emerging Markets

Emerging Market Banks: Euromoney/Fitch IBCA ranking of the top 200 banks in Emerging Markets

Rank Bank Country Fiscal period Shareholder equity ($m) Equity growth (%) Total assets ($m) Asset growth Net income (%) Income growth (%) Return on average equity (%) $ rate differential equity (%) 1 Industrial & Commercial Bank of China China 1996 11,346 1.56 437,392 16.8 700 24.44 6.22 -0.23 2 Bank of China China 1996 […]

August 1, 1998

Rank Bank Country Fiscal period Shareholder equity ($m) Equity growth (%) Total assets ($m) Asset growth Net income (%) Income growth (%) Return on average equity (%) $ rate differential equity (%)
1 Industrial & Commercial Bank of China China 1996 11,346 1.56 437,392 16.8 700 24.44 6.22 -0.23
2 Bank of China China 1996 9,974 13.42 292,554 7.38 1,067 22.36 11.37 0
3 China Construction Bank China 1997 5,988 9.02 203,116 6.7 227 -61.14 3.95 -0.22
4 Banco Bradesco Brazil 1997 5,479 9.32 55,286 59.22 783 3.12 14.92 7.41
5 Bank of Taiwan Taiwan 1997 5,479 – 54,211 – 360 – 6.55 18.78
6 Banco do Brasil Brazil 1997 5,377 7.35 97,560 31.81 514 -107.62 9.9 7.41
7 Agricultural Bank of China China 1996 5,080 3.38 176,779 19.17 254 8.72 5.08 -0.23
8 Banco Itau Brazil 1997 3,971 10.27 41,553 44.66 641 18.8 16.92 7.41
9 Banco do Estado de São Paulo Brazil 1997 3,521 60.99 52,310 -7 1,825 59.93 63.96 7.41
10 Malayan Bank (Maybank) Malaysia 1997 3,357 40.85 43,741 17.23 544 22.54 18.96 1.17
11 Banco Nacional de Mexico Mexico 1997 2,896 – 35,602 – 254 – – –
12 Bank Hapoalim Israel 1997 2,811 12.35 45,232 -3.86 323 51.57 12.15 0
13 Banco Hipotecario Nacional Argentina 1996 2,767 5.27 4,394 3.85 281 -13.47 10.43 -0.05
14 Unibanco (União de Bancos Brasileiros) Brazil 1997 2,758 42.08 25,205 7.12 387 51.03 16.48 7.41
15 Bank of Communications China 1996 2,606 7.25 47,948 19.54 436 -3.85 17.33 -0.23
16 Bank Leumi Israel 1997 2,526 8.76 40,881 1.56 217 39.99 8.95 0
17 Land Bank of Taiwan Taiwan 1997 2,295 7.06 42,215 4.17 233 0.09 10.51 1.09
18 Bancomer Mexico 1997 2,276 – 27,228 – 294 – – –
19 State Bank of India India 1997 2,221 46.02 43,574 8.31 370 59.85 19.78 4.6
20 Bangkok Bank Thailand 1997 2,197 -3.76 29,904 22.33 89 -79.75 3.98 84.49
21 Standard Bank Investment Corp South Africa 1997 2,102 22.37 30,035 15.06 412 29.25 21.58 3.95
22 National Commercial Bank Saudi Arabia 1997 2,079 1.72 23,081 9.06 279 14.02 13.51 0
23 Arab Banking Corp Bahrain 1997 2,046 3.81 23,582 2.58 188 16.05 9.36 0
24 Savings Bank of the Russian Federation (Sberbank) Russia 1997 2,045 -0.68 28,552 21.13 148 -92.8 7.2 7.19
25 Riyad Bank Saudi Arabia 1997 2,016 3.11 15,448 7.08 260 20.31 13.08 0
26 Banco de la Nación Argentina Argentina 1996 1,934 3.29 13,468 -5.92 71 -408.52 3.72 0
27 Absa Group South Africa 1997 1,929 18.32 30,277 17.19 298 16.73 16.76 11.1
28 Hua Nan Commercial Bank Taiwan 1997 1,628 10.58 32,612 2.8 231 29.12 14.93 1.09
29 First Commercial Bank Taiwan 1997 1,627 9.87 33,957 4.6 212 4.84 13.66 1.09
30 Arab Bank Group Jordan 1997 1,603 12.56 16,808 5.69 221 11.63 14.59 0
31 Banco Real Group Brazil 1997 1,581 10.07 16,824 20.71 195 -35.41 12.94 7.41
32 Nedcor South Africa 1997 1,478 27.67 20,276 19.31 306 31.79 23.22 2.9
33 Chang Hwa Commercial Bank Taiwan 1997 1,463 9.83 30,880 5.03 191 11.98 13.68 1.09
34 Taiwan Cooperative Bank Taiwan 1997 1,461 14.71 55,351 1.08 200 -18.64 14.66 1.09
35 Al Rajhi Banking & Investment Corp Saudi Arabia 1997 1,378 8.19 9,382 8.84 348 7.67 26.22 0
36 Banco de la Provincia de Buenos Aires Argentina 1996 1,360 12.14 10,311 15.59 147 43.31 11.46 -0.05
37 First National Bank Holdings South Africa 1997 1,327 19.5 21,669 12.59 284 31.06 23.31 2.9
38 Israel Discount Bank Israel 1997 1,320 4.28 23,554 1.11 67 -16.55 5.18 0
39 Bank Bumiputra Malaysia Malaysia 1997 1,293 16.55 22,071 20.06 184 -8.53 15.29 -2.28
40 Taipeibank Taiwan 1997 1,286 53.74 17,265 3.35 110 16.25 10.32 1.09
41 Taiwan Business Bank Taiwan 1997 1,254 13.83 27,126 7.66 144 10.89 12.25 1.09
42 Saudi American Bank Saudi Arabia 1997 1,223 6.13 12,185 10.54 278 13.14 23.43 0
43 National Bank of Kuwait Kuwait 1997 1,214 4.43 13,506 5.09 233 3.5 19.58 1.67
44 Thai Farmers Bank Thailand 1997 1,202 -8.56 16,786 23.21 17 -93.25 1.35 84.49
45 International Commercial Bank of China Taiwan 1997 1,129 14.23 18,159 8.16 163 15.89 15.41 18.78
46 Chinatrust Commercial Bank Taiwan 1997 1,056 13.77 16,525 31.34 151 66.31 15.22 18.78
47 United World Chinese Commercial Bank Taiwan 1997 1,046 24.99 14,987 18.76 206 73.42 21.85 18.78
48 Bank Polska Kasa Opieki Poland 1996 1,026 191.29 13,874 95.82 140 28.61 20.31 15.9
49 AMMB Holdings Malaysia 1997 1,022 38.12 17,528 42.8 271 69.51 30.76 -2.2
50 Komercni Banka Czech Republic 1997 1,016 4.61 13,749 5.34 29 -81.29 2.95 26.72
51 Metropolitan Bank & Trust Philippines 1997 1,011 30.34 6,835 22.06 135 3.15 15.11 52.07
52 Banco Mercantil de São Paulo Brazil 1997 1,005 9.6 5,534 11.88 103 -32.53 10.75 7.41
53 Public Bank Malaysia 1997 991 20.8 10,777 15.89 103 -28.05 11.36 53.75
54 National Bank of Dubai UAE 1997 990 1.02 6,281 2.06 105 5.81 10.63 0
55 Shanghai Commercial & Savings Bank Taiwan 1997 986 33.36 7,817 26.64 162 10.3 18.77 18.78
56 Krung Thai Bank Thailand 1997 969 -9.62 16,480 10.37 4 -97.97 0.44 84.49
57 Sime Bank Malaysia 1997 964 147.25 11,074 64.27 157 242.54 23.23 -1.49
58 Vneshtorgbank (Bank for Foreign Trade) Russia 1996 956 7.05 4,514 -16.11 97 102.08 10.49 0
59 Turkiye Is Bankasi* Turkey 1997 939 122.03 6,584 97.58 396 113.28 58.14 90.12
60 Banco Santiago (Proforma) Chile 1997 937 37.27 10,057 10.54 138 90.28 17.05 3.49
61 Banca Serfin Mexico 1997 921 – 18,327 – -228 – – –
62 Banco Río de la Plata Argentina 1997 885 36.64 8,866 43.97 285 215.58 37.19 -0.05
63 Siam Commercial Bank Thailand 1997 883 9.68 15,120 32.67 68 -64.57 8.01 84.49
64 Banco de Galicia & Buenos Aires Argentina 1997 874 44.32 10,911 40.34 111 44.49 15.05 -0.05
65 Turkiye Garanti Bankasi Turkey 1997 872 28.88 8,159 42.13 428 66.67 55.23 90.12
66 Kwangtung Provincial Bank China 1997 869 12.44 9,764 -2 96 -4.84 11.71 -0.22
67 Investec Group South Africa 1997 860 51.89 14,281 31.43 89 52.06 12.54 11.1
68 United Saudi Bank Saudi Arabia 1997 850 85.29 7,103 123.18 108 19.34 16.58 0
69 Banco Inbursa Mexico 1997 842 20.53 2,435 -7.99 120 -39.15 15.57 2.35
70 Farmers Bank of China Taiwan 1997 839 3.76 16,136 5.91 61 30.16 7.4 1.09
71 United Export Import Bank Russia 1997 826 117.46 3,779 29.63 16 -71.48 2.61 7.19
72 Banco de Chile Chile 1997 798 6.19 9,066 14.59 167 4.01 21.53 3.49
73 Qatar National Bank Qatar 1997 797 8.96 5,027 12.36 104 14.95 13.63 0
74 Saudi British Bank Saudi Arabia 1997 788 5.41 9,267 15.06 144 16.19 18.79 0
75 Al Bank Al Saudi Al Fransi Saudi Arabia 1997 783 5.98 8,363 8.74 107 32.96 14.06 0
76 Nossa Caixa Nosso Banco Brazil 1997 782 14.94 11,723 26.11 144 179.86 19.74 7.41
77 Arab National Bank Saudi Arabia 1997 774 4.42 9,090 1.55 132 7.42 17.45 0
78 Bank Danamon Indonesia Indonesia 1996 773 115.13 9,297 57.99 85 52.11 14.95 3.25
79 Banco de la RepÏblica Oriental del Uruguay 1996 760 20.06 4,244 34.18 – – – 22.52
80 Bank Rakyat Indonesia Indonesia 1996 760 10.35 14,440 20.46 101 36.78 13.97 3.25
81 BanColombia (Proforma)** Colombia 1997 756 32.23 5,163 35.54 84 13.55 12.63 28.67
82 Banco Safra Brazil 1997 753 13.11 13,186 35.06 140 -12.08 19.67 7.41
83 Powszechna Kasa Oszczednosci Bank Panstwowy Poland 1996 746 71.6 12,774 31.12 363 201.48 61.51 15.9
84 Libyan Arab Foreign Bank Libya 1996 745 0.18 9,374 21.1 4 0 0.55 3.38
85 Bank Central Asia Indonesia 1996 734 11.93 15,148 35.58 75 47.01 10.82 3.25
86 Bank Handlowy w Warszawie Poland 1996 728 12.93 3,977 9.05 195 60.39 28.33 15.9
87 Yapi ve Kredi Bankasi Turkey 1997 699 128.45 5,864 121.39 304 186.04 60.51 90.12
88 Akbank Turkey 1997 698 120.69 5,708 150.12 438 137.89 86.39 90.12
89 Bank Negara Indonesia Indonesia 1997 697 12.76 12,296 63.91 68 -6.26 10.38 95.13
90 Gulf International Bank Bahrain 1997 694 6.34 9,524 6.02 86 -8.57 12.83 0
91 Banco Ganadero Colombia 1997 690 16.26 3,525 25.93 49 11.81 7.61 28.67
92 Malaysian Industrial Development Finance Malaysia 1997 680 16.27 5,106 24.15 80 49.85 12.66 -2.28
93 Emirates Bank International UAE 1997 673 16.3 4,676 8.73 120 15.59 19.24 0
94 Bank Dagang Negara Indonesia 1996 670 15.28 13,579 9.39 94 35.3 15.04 3.25
95 First International Bank of Israel Israel 1997 668 5.64 11,139 22.29 66 16.57 10.13 0
96 Bank Melli Iran Iran 1996 660 1.46 19,327 38.83 5 -56.44 0.77 -0.3
97 Banco do Nordeste do Brasil Brazil 1997 659 61.92 4,750 21.07 60 58.49 11.3 7.41
98 Bank Bumi Daya Indonesia 1996 655 35.68 10,290 10.23 28 25.57 4.86 3.25
99 Banco de Comercio Exterior de Colombia Colombia 1997 655 17.67 1,577 14.81 40 8.05 6.58 28.67
100 Beogradska banka Yugoslavia 1996 649 36.55 5,975 12.78 82 36.23 14.56 7.58
101 Banco del Estado de Chile Chile 1997 647 2.77 9,780 8.76 64 0.43 10.08 3.49
102 Bank Ekspor Impor Indonesia Indonesia 1996 636 19.06 10,827 17.14 82 40.06 14 3.25
103 Ceska Sporitelna Czech Republic 1997 634 4.81 11,145 7.95 39 -50.35 6.34 26.72
104 Taipei Business Bank Taiwan 1997 633 – 7,990 – 80 – 12.65 18.78
105 United Mizrahi Bank Israel 1997 631 2.27 12,119 14.5 67 23.59 10.71 0
106 National Bank of Abu Dhabi UAE 1997 629 10.63 8,481 9.71 111 30.4 18.63 0
107 Taichung Business Bank Taiwan 1997 622 – 7,324 – 73 – 11.72 18.78
108 Ceskoslovenska Obchodni Banka Czech Republic 1997 619 19.15 6,681 12.85 107 15.46 18.74 26.72
109 Bank of the Philippine Islands Philippines 1997 619 18.15 5,109 16.56 114 13.63 19.98 52.07
110 RHB Bank Malaysia 1996 615 15.39 9,650 29.57 104 24.45 18.06 -0.51
111 Banco Bozano Simonsen Brazil 1997 609 30.76 11,188 135.14 143 -7.79 26.66 7.41
112 Abu Dhabi Commercial Bank UAE 1996 604 15.62 4,031 9.51 99 20.66 17.51 0
113 Banco de Bogotà Colombia 1997 603 34.23 2,765 43.9 98 3.38 18.57 28.67
114 National Reserve Bank Russia 1996 595 1103.18 1,868 183.78 165 806.72 51.24 19.83
115 Philippine Commercial International Bank Philippines 1997 577 20.24 3,612 15.23 92 20.9 17.48 52.07
116 Banco de Investimentos Garantia Brazil 1997 574 4.23 4,757 -19.63 12 -89.41 2.21 0
117 Canara Bank India 1997 570 6.1 9,930 14.58 41 -41.63 7.41 4.6
118 Gulf Bank Kuwait 1997 568 7.64 5,685 6.95 111 12.71 20.17 1.67
119 Crédit Populaire du Maroc Morocco 1996 568 6.62 6,512 4.34 66 41.59 11.97 3.9
120 Everbright Bank of China China 1996 561 205.12 5,670 66.49 85 130.09 22.74 -0.23
121 Bank of Ayudhya Thailand 1997 555 -12.96 10,354 19.06 42 -60.99 6.97 84.49
122 Bank of Baroda India 1997 554 14.86 10,482 9.34 77 32.77 14.87 4.6
123 Bank Internasional Indonesia Indonesia 1997 550 103.98 5,311 39.48 53 -6.14 12.83 95.13
124 Philippine National Bank Philippines 1997 548 8.08 6,080 23.43 28 -75.97 5.32 52.07
125 National Bank of Egypt Egypt 1996 546 6.87 15,392 10.43 38 30 7.26 -0.06
126 Fubon Bank Taiwan 1997 544 38.93 4,956 42.97 51 163.75 10.86 18.78
127 Bank of India India 1997 540 53.82 10,567 14.48 100 30.22 22.51 4.6
128 MashreqBank UAE 1997 528 16.1 4,713 12.16 136 38.44 27.74 0
129 Bank Saderat Iran Iran 1996 519 -3.48 7,807 10.33 -21 -3840 -4.06 -0.3
130 Bank of Overseas Chinese Taiwan 1997 518 55.82 7,196 34.45 36 1912.07 8.39 18.78
131 NBS Boland South Africa 1997 517 60.82 5,032 19.44 208 229.47 49.5 11.1
132 Pan Asia Bank Taiwan 1997 516 – 4,922 – 24 – 4.67 18.78
133 Banco Inversión & Comercio Exterior Argentina 1997 515 1.88 898 6.6 23 100.72 4.51 -0.01
134 Bank Tabungan Negara Indonesia 1996 513 7.9 4,768 19.31 53 50.36 10.77 3.25
135 Chung Shing Bank Taiwan 1997 512 – 4,762 – 35 – 6.89 18.78
136 SBS-Agro Group Russia 1997 508 118.06 5,201 99.11 56 -10.94 14.99 7.19
137 Banco de Crédito del Peru Peru 1997 502 23.2 5,617 9.42 91 -8.35 20.05 5
138 Turkiye Cumhuriyet Ziraat Bankasi Turkey 1996 498 49.74 15,106 134.45 10 -71.75 2.29 80.68
139 Burgan Bank Kuwait 1997 491 1.35 3,755 18.53 40 15.24 8.14 1.67
140 Hong Leong Bank Malaysia 1997 489 51.01 8,126 45.83 76 37.35 18.77 1.17
141 Commercial Bank of Kuwait Kuwait 1997 483 7.05 4,180 11.76 72 33.33 15.45 1.67
142 Saudi Cairo Bank Saudi Arabia 1996 481 3.07 4,311 -13.8 48 -15.94 10.04 0
143 Bank Sinopac Taiwan 1997 480 26.84 5,095 43.27 38 45.87 8.82 18.78
144 HsinChu Bank Taiwan 1997 476 – 7,410 – 51 – 10.62 18.78
145 Banco Excel Económico Brazil 1997 476 0.09 10,415 168.08 -38 -283.26 -8.05 7.41
146 Grand Commercial Bank Taiwan 1997 473 9.9 4,509 24.35 43 44.79 9.43 18.78
147 Thai Military Bank Thailand 1997 471 -8.02 8,183 16.84 29 -72.2 5.9 84.49
148 Kuwait Finance House Kuwait 1997 468 29.47 5,185 10.93 120 6.1 28.84 1.6
149 Turkiye Halk Bankasi Turkey 1996 461 2.72 6,638 26.62 7 -264.81 1.46 80.68
150 Far East Bank & Trust Philippines 1997 457 29.91 3,929 26.88 68 20.01 16.82 52.07
151 Banco do Estado do Paranà Brazil 1996 453 4.25 5,969 18.57 12 -67.91 2.8 6.82
152 Bank Dagang Nasional Indonesia Indonesia 1996 453 -2.2 6,988 33.9 80 35.95 17.48 3.25
153 Union Bank of Taiwan Taiwan 1997 452 8.65 4,496 31.49 35 56.08 8.16 18.78
154 Cosmos Bank Taiwan Taiwan 1997 445 9.72 4,413 16.44 40 67.7 9.3 18.78
155 Bank of Commerce Malaysia 1997 438 56.16 5,160 30.52 39 -17.86 10.8 53.75
156 Banco Internacional Mexico 1997 436 31.72 9,181 -5.57 35 -22.25 9 2.35
157 Shanghai International Trust & Investment Corp China 1997 430 8.22 2,894 -6.49 73 -5.86 17.67 -0.22
158 Banque Commerciale du Maroc Morocco 1996 427 8.24 3,906 9.17 71 19.14 17.27 3.9
159 Far Eastern International Bank Taiwan 1997 427 – 4,201 – 19 – 4.56 18.78
160 Chinfon Bank Taiwan 1997 424 – 5,161 – 19 – 4.44 18.78
161 National Bank of Uzbekistan Uzbekistan 1996 423 32.12 3,427 84.75 113 3.96 30.37 0
162 United Coconut Planters Bank Philippines 1996 423 23.86 2,933 14.96 86 37.13 22.55 0.28
163 E Sun Bank Taiwan 1997 422 10.94 4,845 23.93 42 70.12 10.5 18.78
164 Banco Bansud Argentina 1997 422 10.84 3,643 31.42 43 191.8 10.64 -0.05
165 Bank of Cyprus Group Cyprus 1997 417 26.69 6,931 19.54 52 13.22 13.97 11.89
166 Alahli Bank of Kuwait Kuwait 1996 416 5.13 3,929 -4.89 20 46.34 4.92 0.32
167 Syndicate Bank India 1997 415 1.94 4,877 12.6 19 231.98 4.53 4.6
168 Banco Provincial Venezuela 1997 412 52.36 4,100 40.49 154 23.48 45.15 5.82
169 Banco do Estado do Rio Grande do Sul Brazil 1996 410 -4.97 9,562 -18.88 -26 -321.77 -6.28 6.82
170 Pamukbank Turkey 1997 405 183.29 3,854 129.21 178 502.08 65.07 90.12
171 Dah An Commercial Bank Taiwan 1997 398 9.34 4,348 30.87 35 53.56 9.19 18.7
172 Taishin International Bank Taiwan 1997 397 10.71 5,499 48.91 42 57.88 11.2 18.78
173 Union Bank of India India 1997 389 12.81 6,236 9.16 60 167.96 16.39 4.6
174 Bank of Kuwait & Middle East Kuwait 1997 388 46.65 3,011 3.05 43 116.67 13.08 1.67
175 Ta Chong Bank Taiwan 1997 385 6.63 4,214 18.51 25 28.62 6.71 18.78
176 Asia Pacific Bank Taiwan 1997 382 8.13 3,597 20.76 29 72.56 7.8 18.78
177 Banco Mercantil do Brasil Brazil 1997 376 5.71 1,672 12.41 31 -23.96 8.46 7.41
178 Chinese Bank Taiwan 1997 376 – 4,136 – 28 – 7.39 18.78
179 Equitable Banking Corp Philippines 1997 375 108.42 2,620 66.3 51 93.67 18.45 52.07
180 Punjab National Bank India 1997 374 15.57 9,759 11.3 66 -347.82 18.99 4.6
181 Banque Misr Egypt 1996 373 3.44 14,052 9.24 19 12.28 5.15 -0.06
182 Hua Xia Bank China 1997 363 4.73 4,847 77.17 64 27.73 18.01 -0.22
183 Cyprus Popular Bank Cyprus 1996 355 6.1 4,999 23.75 41 5.43 11.97 2.92
184 Bancafé Colombia 1997 355 12.84 2,459 17.54 4 -64.41 1.27 28.67
185 Commercial International Bank Egypt 1997 354 11.16 3,977 24.46 79 10.9 23.46 0
186 Saudi Hollandi Bank Saudi Arabia 1997 353 10 4,860 8.51 56 30.17 16.66 0
187 Baodao Commercial Bank Taiwan 1997 352 6.75 4,293 35.44 23 44.03 6.62 18.78
188 Bank Mellat Iran 1996 346 3.16 9,180 39.97 11 79.61 3.11 -0.3
189 Banque Marocaine du Commerce Exterieur Morocco 1996 341 23.42 3,603 3.97 42 21.53 13.47 3.9
190 Bank Przemyslowo Poland 1997 338 25.48 2,708 38.32 85 12.02 28.07 22.25
191 Romanian Commercial Bank Romania 1997 338 13.6 2,249 -16.52 82 -35.07 25.83 98.84
192 Perwira Affinbank Malaysia 1997 337 9.64 3,933 26.57 42 -21.51 12.92 53.75
193 Bank Tejarat Iran 1996 332 -1.7 8,575 24.3 23 907.5 6.91 -0.3
194 Shanghai City United Bank China 1996 329 104.3 6,408 84.28 152 21.6 62.01 -0.23
195 Arab International Bank Egypt 1997 329 5.32 2,189 -3.31 23 15.23 7.08 0
196 Eon Bank Malaysia 1997 328 115.18 2,847 59.24 7 -45.4 2.86 53.75
197 Banco de A Edwards Chile 1997 324 16.87 4,445 22.46 54 17.57 17.95 3.49
198 Banorte (Banco Mercantil del Norte) Mexico 1997 322 – 3,698 – 94 – – –
199 First Bank of Nigeria Nigeria 1996 321 12.04 3,531 20.97 55 19.13 18.1 0
200 Datuk Keramat Holdings Malaysia 1996 319 7.28 6,730 2.34 26 -60.58 8.31 0.25
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