Asia 100 1999 – Cleaning the hives
Return of average equity change
Return of average equity change
| Rank 99 | Rank 98 | Bank | Location | Fiscal period | Shareholder equity ($m) | Equity growth(%) | Total assets ($m) | Asset growth (%) | Net income($m) | Income growth (%) | ROAE(%) |
| 1 | 2 | Industrial & Commercial Bank of China | China | 1998 | 22,213 | 89.89 | 391,213 | 10.3 | 417 | 68.9 | 2.5 |
| 2 | 3 | Bank of China | China | 1998 | 17,256 | 53.44 | 338,186 | 10.6 | 684 | -39.3 | 4.8 |
| 3 | 1 | Hong Kong & Shanghai Banking Corporation | Hong Kong | 1998 | 12,148 | -15.33 | 190,753 | 0.1 | 1,723 | -43 | 13 |
| 4 | 5 | China Construction Bank | China | 1998 | 12,137 | 102.68 | 232,361 | 14.4 | 131 | 45.9 | 1.4 |
| 5 | 4 | National Australia Bank | Australia | 1997/8 | 9,372 | 3.49 | 136,355 | 3.9 | 1,198 | -25.1 | 14.2 |
| 6 | 7 | Bank of Taiwan | Taiwan | 1998 | 6,498 | 20.56 | 61,580 | 13.8 | 1,050 | 170.1 | 17.6 |
| 7 | 11 | DBS Bank | Singapore | 1998 | 5,455 | 26.12 | 59,606 | 53.3 | 50 | -80.7 | 1 |
| 8 | 6 | Westpac Banking | Australia | 1997/8 | 5,119 | -13.33 | 75,498 | -2.6 | 759 | -18.5 | 15.2 |
| 9 | 9 | Australia and New Zealand Banking Group | Australia | 1997/8 | 4,988 | -0.9 | 79,706 | -10.8 | 663 | -10.8 | 14.5 |
| 10 | 10 | Agricultural Bank of China | China | 1997 | 4,802 | -5.48 | 190,095 | 7.5 | 64 | -74.9 | 1.3 |
| 11 | 8 | Commonwealth Bank of Australia | Australia | 1997/8 | 4,226 | -19.29 | 74,121 | -10.6 | 681 | -17 | 16 |
| 12 | 12 | Oversea-Chinese Banking (OCBC) | Singapore | 1998 | 4,073 | 5.75 | 33,566 | -2.3 | 258 | -26.2 | 6.5 |
| 13 | 14 | United Overseas Bank (UOB) | Singapore | 1998 | 3,503 | 5.06 | 30,394 | 3.2 | 225 | -26.4 | 6.6 |
| 14 | – | Hanvit Bank | Korea | 1998 | 3,375 | 208.65 | 66,023 | 108.9 | -1,403 | -1,205.60 | -60.3 |
| 15 | 21 | Bangkok Bank | Thailand | 1998 | 2,757 | 25.5 | 34,601 | 15.7 | -1,359 | -1,623.70 | -48.7 |
| 16 | 18 | Overseas Union Bank (OUB) | Singapore | 1998 | 2,537 | 2.61 | 26,058 | 12.3 | 109 | -30.7 | 4.3 |
| 17 | 13 | Malayan Banking (Maybank) | Malaysia | 1998/9 | 2,491 | 19.03 | 30,915 | 11.8 | 251 | 833.7 | 10.5 |
| 18 | 26 | Kookmin Bank | Korea | 1998 | 2,483 | 65.07 | 63,413 | 59.9 | -370 | -534.5 | -17.4 |
| 19 | 19 | State Bank of India | India | 1998/9 | 2,453 | 0.86 | 52,479 | 15.4 | 242 | -48.6 | 10.3 |
| 20 | 56 | Colonial | Australia | 1998 | 2,369 | 69.53 | 30,579 | 38.2 | 446 | 37.9 | 24.2 |
| 21 | 47 | Krung Thai Bank | Thailand | 1998 | 2,275 | 134.84 | 28,931 | 75.6 | -1,678 | -37,862.70 | -95.3 |
| 22 | 17 | St. George Bank | Australia | 1997/8 | 2,250 | -13.65 | 26,134 | -19.2 | 133 | -19.4 | 6 |
| 23 | 20 | Land Bank of Taiwan | Taiwan | 1997/8 | 2,044 | -11.51 | 35,510 | -15.6 | 239 | -4 | 12.2 |
| 24 | 30 | Shinhan Bank | Korea | 1998 | 2,024 | 51.53 | 31,027 | 8.6 | 28 | -16.4 | 1.6 |
| 25 | 27 | Chang Hwa Bank | Taiwan | 1997/8 | 1,921 | 31.26 | 29,025 | -6 | 155 | -18.8 | 10 |
| 26 | 23 | Bank of East Asia | Hong Kong | 1998 | 1,823 | 6.42 | 17,522 | 1.6 | 120 | -55.5 | 6.8 |
| 27 | – | United World Chinese Commercial Bank | Taiwan | 1998 | 1,797 | 71.77 | 17,246 | 15.1 | 187 | -8.9 | 13.1 |
| 28 | 40 | International Commercial Bank of China | Taiwan | 1998 | 1,718 | 52.15 | 20,780 | 14.4 | 148 | -9.2 | 10.4 |
| 29 | – | Keppel Tat Lee Bank | Singapore | 1998 | 1,555 | 67.3 | 12,102 | 57.3 | 38 | -21.2 | 3 |
| 30 | 43 | Chinatrust Commercial Bank | Taiwan | 1998 | 1,535 | 39.97 | 18,398 | 8.1 | 134 | -12.4 | 10.1 |
| 31 | 22 | Korea Exchange Bank | Korea | 1998 | 1,508 | -11.99 | 39,708 | -14.1 | -911 | -2,278.20 | -51.8 |
| 32 | 24 | Hua Nan Commercial Bank | Taiwan | 1997/8 | 1,508 | -7.39 | 28,670 | -12.1 | 222 | -4.1 | 15.7 |
| 33 | 28 | Taiwan Cooperative Bank | Taiwan | 1997/8 | 1,493 | -2.29 | 43,523 | -21.7 | 159 | -20.6 | 11.7 |
| 34 | 29 | Dao Heng Bank Group | Hong Kong | 1997/8 | 1,430 | 4.27 | 15,822 | -2.3 | 164 | -39.9 | 11.6 |
| 35 | 38 | Thai Farmers Bank | Thailand | 1998 | 1,428 | 18.79 | 19,167 | 14.2 | -1,087 | -6,511.70 | -73 |
| 36 | 44 | Metropolitan Bank & Trust | Philippines | 1998 | 1,125 | 11.19 | 7,433 | 8.7 | 124 | -8.4 | 11.5 |
| 37 | 36 | Taiwan Business Bank | Taiwan | 1997/8 | 1,120 | -10.69 | 22,742 | -16.1 | 105 | -26.9 | 9.9 |
| 38 | 33 | Suncorp-Metway | Australia | 1997/8 | 1,114 | -13.96 | 13,144 | -11.4 | 143 | 27.8 | 13.1 |
| 39 | 35 | Taipeibank | Taiwan | 1997/8 | 1,110 | -13.62 | 15,403 | -10.8 | 122 | 11.7 | 11.4 |
| 40 | 45 | Public Bank | Malaysia | 1998 | 1,106 | 11.71 | 11,039 | 2.5 | 23 | -77.8 | 2.2 |
| 41 | – | H&CB | Korea | 1998 | 1,105 | 20.14 | 36,772 | 39.6 | -353 | -576.2 | -32.4 |
| 42 | 46 | Shanghai Commercial & Savings Bank | Taiwan | 1998 | 1,099 | 11.44 | 9,395 | 20.2 | 138 | -14.6 | 13.2 |
| 43 | 53 | Po Sang Bank | Hong Kong | 1998 | 1,009 | 10.56 | 6,637 | 14.5 | 102 | -25.7 | 10.6 |
| 44 | 57 | China Merchants Bank | China | 1998 | 994 | 10.6 | 16,679 | 16 | 169 | -34.3 | 17.9 |
| 45 | 54 | Shanghai Commercial Bank | Hong Kong | 1998 | 962 | 7.9 | 7,123 | 6.6 | 107 | -12 | 11.6 |
| 46 | 84 | Industrial Bank of Korea | Korea | 1998 | 953 | 76.45 | 35,047 | 16.6 | -1,460 | -3,927.90 | -184.1 |
| 47 | – | Commerce Asset-Holding | Malaysia | 1998 | 897 | 2.69 | 6,426 | 5.1 | 13 | -74.8 | 1.4 |
| 48 | 75 | RHB Capital | Malaysia | 1997/8 | 812 | -37.3 | 11,140 | -33.6 | 73 | -72.1 | 6.1 |
| 49 | – | Koram Bank | Korea | 1998 | 809 | 109.24 | 16,624 | 57.2 | 20 | -194.7 | 3.1 |
| 50 | – | Government Savings Bank (GSB) | Thailand | 1998 | 806 | 47.6 | 10,159 | 70.9 | 120 | -9.1 | 15.9 |
| 51 | – | China Everbright Bank | China | 1998 | 734 | 8.87 | 9,027 | 22.7 | 106 | -20.3 | 15.1 |
| 52 | 80 | Bank of Ayudhya | Thailand | 1998 | 732 | 32.05 | 13,118 | 26.7 | -261 | -728.4 | -36.1 |
| 53 | 94 | Hana Bank | Korea | 1998 | 722 | 44.82 | 16,422 | 57.3 | 61 | 85.9 | 9.4 |
| 54 | 69 | Hua Chiao Commercial Bank | Hong Kong | 1998 | 716 | 10.21 | 5,825 | 4.8 | 73 | -37.4 | 10.6 |
| 55 | 63 | Wing Lung Bank | Hong Kong | 1998 | 711 | -4.21 | 6,723 | 5.4 | 77 | -36.1 | 10.7 |
| 56 | 73 | Bank of the Philippine Islands** | Philippines | 1998 | 706 | 14.18 | 5,603 | 9.7 | 118 | 3.3 | 17.6 |
| 57 | 72 | International Bank of Taipei | Taiwan | 1998 | 696 | 13.66 | 8,481 | 11.4 | 75 | -19.5 | 11.4 |
| 58 | 67 | Bank of Baroda | India | 1998/9 | 684 | 1.38 | 12,319 | 6.1 | 99 | -14.9 | 15.2 |
| 59 | 66 | Liu Chong Hing Bank | Hong Kong | 1998 | 658 | -3.9 | 4,131 | 0.2 | 44 | -44.7 | 6.5 |
| 60 | 77 | PCI Bank* | Philippines | 1998 | 654 | 13.48 | 3,806 | 5.4 | 70 | -23.9 | 11.3 |
| 61 | – | Central Trust of China | Taiwan | 1997/8 | 613 | -16.69 | 7,719 | 2.1 | 36 | -9.9 | 6 |
| 62 | 55 | Siam Commercial Bank | Thailand | 1998 | 609 | -31 | 19,434 | 28.5 | -543 | -899 | -89.2 |
| 63 | 96 | Bank SinoPac | Taiwan | 1998 | 605 | 25.92 | 6,597 | 19.6 | 31 | -17.6 | 5.7 |
| 64 | – | China United Trust & Investment | Taiwan | 1998 | 604 | 4.57 | 650 | 4.3 | 18 | -58.7 | 3 |
| 65 | 83 | Fubon Commercial Bank | Taiwan | 1998 | 574 | 5.44 | 6,139 | 23.9 | 31 | -39.1 | 5.5 |
| 66 | 85 | Wing Hang Bank | Hong Kong | 1998 | 571 | 7.81 | 6,254 | 2.2 | 65 | -42.2 | 11.8 |
| 67 | 99 | Thai Military Bank | Thailand | 1998 | 571 | 21.4 | 9,667 | 18.1 | -210 | -824.8 | -35.7 |
| 68 | – | Dah An Commercial Bank | Taiwan | 1998 | 571 | 43.39 | 5,445 | 25.2 | 28 | -19.9 | 5.8 |
| 69 | 79 | Canara Bank | India | 1998/9 | 569 | -2.39 | 11,349 | 4 | 53 | 3.3 | 9.5 |
| 70 | 76 | Bank of India | India | 1998/9 | 568 | -3.16 | 12,718 | 8.4 | 47 | -48.6 | 8.5 |
| 71 | – | Taishin International Bank | Taiwan | 1998 | 549 | 38.28 | 7,249 | 31.8 | 46 | 8.9 | 9.7 |
| 72 | – | Chinese Bank | Taiwan | 1998 | 529 | 41.54 | 5,504 | 34.2 | 24 | -30.5 | 5.3 |
| 73 | 91 | Chung Shing Bank | Taiwan | 1998 | 525 | 3.76 | 6,275 | 34 | 31 | -26.5 | 6 |
| 74 | 97 | Hsinchu Bank | Taiwan | 1998 | 525 | 10.39 | 8,410 | 14.1 | 43 | -17.2 | 8.5 |
| 75 | – | HKCB Bank | Hong Kong | 1998 | 517 | -12.92 | 3,430 | -17.1 | -82 | -290.4 | -14.7 |
| 76 | – | Taichung Commercial Bank | Taiwan | 1998 | 515 | -16.32 | 7,032 | 0.1 | -109 | -227.2 | -19.1 |
| 77 | – | Far Eastern International Bank | Taiwan | 1998 | 514 | 20.4 | 4,985 | 24.9 | 24 | 8 | 5.1 |
| 78 | 89 | Grand Commercial Bank | Taiwan | 1998 | 510 | 7.9 | 5,405 | 19.9 | 32 | -25.7 | 6.4 |
| 79 | – | Government Housing Bank | Thailand | 1998 | 495 | 446.07 | 9,780 | 57.5 | 145 | 135.4 | 47.3 |
| 80 | 100 | Far East Bank & Trust ** | Philippines | 1998 | 493 | 12.87 | 3,495 | -11.1 | 48 | -30 | 10.1 |
| 81 | – | EnTie Commercial Bank | Taiwan | 1998 | 490 | 23.58 | 5,214 | 39.8 | 19 | -41.1 | 4.3 |
| 82 | – | Cosmos Bank | Taiwan | 1998 | 478 | 7.47 | 5,785 | 31.1 | 27 | -31.1 | 5.9 |
| 83 | – | Union Bank of Taiwan | Taiwan | 1998 | 475 | 5.25 | 5,673 | 26.2 | 25 | -30.2 | 5.3 |
| 84 | – | E. Sun Bank | Taiwan | 1998 | 468 | 10.87 | 6,205 | 28.1 | 41 | -2.2 | 9.2 |
| 85 | 93 | Hong Leong Bank | Malaysia | 1998/9 | 463 | 14.38 | 6,458 | 18.3 | 31 | 209.3 | 6.8 |
| 86 | – | Bank of Shanghai | China | 1998 | 461 | 14.61 | 7,113 | 19.2 | 100 | -6.6 | 23.3 |
| 87 | – | Punjab National Bank | India | 1998/9 | 455 | 8.68 | 10,925 | 8.4 | 88 | -27.4 | 20.8 |
| 88 | – | Bank of Western Australia | Australia | 1998/9 | 450 | 5.94 | 9,822 | 5.9 | 72 | 15.5 | 17.2 |
| 89 | – | Cathay United Bank | Taiwan | 1998 | 448 | 6.58 | 1,297 | 202.5 | 22 | 114.1 | 5 |
| 90 | 78 | Daegu Bank | Korea | 1998 | 429 | -24.84 | 9,008 | -12.2 | -411 | -3,310.20 | -74.8 |
| 91 | 98 | Chinfon Commercial Bank | Taiwan | 1998 | 427 | 0.87 | 5,550 | 13.3 | 1 | -96.1 | 0.2 |
| 92 | – | Fujian Industrial Bank | China | 1998 | 426 | 4.08 | 4,298 | 22.5 | 45 | 7.2 | 10.7 |
| 93 | – | Asia Pacific Bank | Taiwan | 1998 | 417 | 9.18 | 4,306 | 19.7 | 31 | 7.2 | 7.6 |
| 94 | – | Equitable Banking * | Philippines | 1998 | 413 | 10.03 | 2,793 | 6.6 | 41 | -19.6 | 10.3 |
| 95 | – | Dah Sing Bank | Hong Kong | 1998 | 411 | -7.49 | 4,953 | -4.6 | 29 | -61.7 | 6.7 |
| 96 | – | Ta Chong Bank | Taiwan | 1998 | 410 | 6.38 | 4,884 | 15.9 | 22 | -12.9 | 5.5 |
| 97 | – | Macquarie Bank | Australia | 1998/9 | 410 | 6.34 | 5,821 | 10.7 | 104 | 10.8 | 26.8 |
| 98 | – | Union Bank of India | India | 1998/9 | 397 | -0.61 | 7,366 | 13 | 38 | -40.3 | 9.8 |
| 99 | 82 | Philippine National Bank | Philippines | 1998 | 379 | -33.2 | 5,137 | -17.4 | -186 | -750.5 | -38.7 |
| 100 | – | BIMB Holdings | Malaysia | 1997/8 | 379 | 64.76 | 1,374 | -28.5 | 1 | -94.1 | 0.4 |
| *Equitable Banking and PCI merged 1999 | |||||||||||
| ** Bank of the Philippine Islands and Far East Bank and Trust merged 1999 | |||||||||||