200 BIGGEST EMERGING MARKET BANKS 2010
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Global Finance ranks the 200 Biggest Emerging Market Banks

 

150-Biggest_EM_Banks-Rankings

NEW YORK, December 6, 2010 — As the world's key emerging markets continue to drive the global economy out of recession, Global Finance unveils its third annual Global Finance 200, the definitive list of the biggest banks in the emerging markets. As well as detailing the 200 biggest emerging market banks by asset size, Global Finance also identifies the biggest banks in each emerging market region - Asia, Latin America, Central & Eastern Europe, the Middle East and Africa.


The full list and supporting data will be published in the January 2011 issue and on the magazine's website GFmag.com. "This year's results show that almost two years into the storm that many believed would send the emerging markets into a tailspin, the leading banks of the developing world are proving bigger, stronger and more resilient than ever," said Joseph Giarraputo publisher and editorial director of Global Finance.


Global Finance assembled the list with the help of Bankersalmanac. The basis of all the rankings is the size of total assets, i.e., the balance sheet total, as of the end of 2009. All figures have been converted into US dollars at the rate applicable at the date of that balance sheet. Great care has been taken to ensure the information's accuracy, but Bankersalmanac.com and Global Finance can accept no responsibility for any losses or damages arising from any errors or omissions. These bank rankings are based on and compiled from balance sheet information held by Bankersalmanac on September 21, 2010, and additional research by Global Finance.

 

200 Biggest Emerging Market Banks 2010
Rank
Bank Name & Country
Rank Bank Name & Country
1 Industrial & Commercial Bank of China* - China 101
The Siam Commercial Bank* - Thailand
2 China Construction Bank* - China 102
Banco Bradesco Financiamentos - Brazil
3 Agricultural Bank of China* - China 103
Bancofra - Brazil
4 Bank of China - China 104 Komercní banka - Czech Republic
5 Bank of Communications - China 105
Taiwan Business Bank - Taiwan
6 Banco do Brasil - Brazil 106
The Export-Import Bank of Korea - South Korea
7 Itaú Unibanco - Brazil 107
Bank Tejarat - Iran
8 China Merchants Bank* - China 108
Swedbank - Estonia
9 Banco Bradesco - Brazil 109
Banco de Chile - Chile
10 Shinhan Bank* - South Korea 110
First Gulf Bank - UAE
11 Shanghai Pudong Development Bank - China 111
The Saudi British Bank - Saudi Arabia
12 State Bank of India - India 112
Banque Extérieure d’Algérie - Algeria
13 Sberbank - Russia 113
Beijing Rural Commercial Bank - China
14 Kookmin Bank* - South Korea 114
Banco del Estado de Chile - Chile
15
China Minsheng Bank* - China 115
Ping An Bank - China
16
Bancontander (Brasil) - Brazil 116
Banque Saudi Fransi - Saudi Arabia
17
Caixa Econômica Federal - Brazil 117
Evergrowing Bank - China
18
Industrial Bank (CIB)* - China 118
Bank SinoPac - Taiwan
19
Woori Bank - South Korea 119
Shanghai Rural Commercial Bank - China
20
China Everbright Bank - China 120
Syndicate Bank - India
21
China Citic Bank - China 121
Oriental Bank of Commerce - India
22
Industrial Bank of Korea* - South Korea 122
UCO Bank - India
23
Korea Development Bank* - South Korea 123
PT Bank Central Asia - Indonesia
24
Bank of Taiwan - Taiwan 124
HSBC Mexico - Mexico
25
VTB Bank - Russia 125
Chongqing Rural Commercial Bank - China
26
Hana Bank - South Korea
126
Arab National Bank - Saudi Arabia
27
The Standard Bank of South Africa - South Africa
127
E.Sun Commercial Bank - Taiwan
28
Hua Xia Bank - China
128
Indian Overseas Bank - India
29
Guangdong Development Bank - China
129
Nova Ljubljanska banka - Slovenia
30
Korea Exchange Bank* - South Korea
130
RHB Bank - Malaysia
31
Absa Bank - South Africa
131
Banque Misr SAE - Egypt
32
Shenzhen Development Bank* - China
132
Russian Agricultural Bank - Russia
33
BBVA Bancomer - Mexico
133
Bank of Moscow* - Russia
34
Banco Nacional de Mexico - Mexico
134
Allahabad Bank - India
35
Ziraat Bank - Turkey
135
Bank Audi sal - Audi Saradar Group - Lebanon
36
ICICI Bank - India
136
Daegu Bank* - South Korea
37
Taiwan Cooperative Bank - Taiwan
137
Busan Bank* - South Korea
38
Bank of Beijing* - China
138
Banco de Crédito e Inversiones - Chile
39
Garanti Bank - Turkey
139
Taishin International Bank* - Taiwan
40
Emirates NBD Bank - UAE
140
MashreqBank PSC - UAE
41
Malayan Banking Berhad - Malaysia
141
Attijariwafa bank - Morocco
42
Isbank - Turkey
142
BRE Bank* - Poland
43
Nedbank - South Africa
143
Corporation Bank - India
44
FirstRand Bank - South Africa
144
PT Bank Negara Indonesia (Persero) - Indonesia
45
The National Commercial Bank - Saudi Arabia
145
China Zheshang Bank - China
46
Akbank - Turkey
146
Bank of Ningbo - China
47
Bank of Shanghai - China
147
Huishang Bank Corporation - China
48
Mega International Commercial Bank* - Taiwan
148
Bank VTB 24 (closed joint-stock company) - Russia
49
Punjab National Bank - India
149
Banca Comerciala Romana - Romania
50
Land Bank of Taiwan* - Taiwan
150
Banco Popular de Puerto Rico - Puerto Rico
51
Bank of Baroda - India
151
The Government Savings Bank - Thailand
52
Bank of India - India
152
Dubai Islamic Bank - UAE
53
Bank Melli Iran - Iran
153
Bank of Ayudhya Public - Thailand
54
First Commercial Bank - Taiwan
154
Vietnam Bank for Agriculture and Rural Development (VBARD) - Vietnam
55
Canara Bank - India
155
AmBank (M) - Malaysia
56
Standard Chartered First Bank Korea* - South Korea
156
Banque Centrale Populaire - Morocco
57
HSBC Bank Brasil -Banco Multiplo - Brazil
157
Bank of Hangzhou - China
58
Gazprombank - Russia
158
Bank of Nanjing - China
59
Hua Nan Commercial Bank* - Taiwan
159
Nacional Financiera - Mexico
60
Banco Votorantim - Brazil
160
Alfa-Bank - Russia
61
PKO Bank Polski - Poland
161
Banque Marocaine du Commerce Extérieur - Morocco
62
National Bank of Abu Dhabi - UAE
162
ING Bank Slaski - Poland
63
Bangkok Bank - Thailand
163
BLOM Bank - Lebanon
64
IDBI Bank - India
164
Union National Bank - UAE
65
OTP Bank - Hungary
165
Finansbank - Turkey
66
Public Bank - Malaysia
166
The Shanghai Commercial & Savings Bank - Taiwan
67
Chinatrust Commercial Bank* - Taiwan
167
Banco Citibank - Brazil
68
Arab Bank - Jordan
168
Andhra Bank - India
69
HDFC Bank - India 169
Hong Leong Bank - Malaysia
70
Samba Financial Group - Saudi Arabia
170
Banesco Banco Universal - Venezuela
71
Qatar National Bank - Qatar
171
Bancolombia - Colombia
72
Bank of Jiangsu - China
172
Parsian Bank - Iran
73
Citibank Korea - South Korea
173
State Bank of Hyderabad - India
74
Yapi Kredi - Turkey
174
FirstBank Puerto Rico - Puerto Rico
75
Riyad Bank - Saudi Arabia
175
Bank Maskan - Iran
76
Cathay United Bank* - Taiwan
176
Banco de la Nación Argentina - Argentina
77
CIMB Bank - Malaysia
177
Banco de Crédito del Perú - Peru
78
Ceskoslovenska obchodni banka - Czech Republic
178
Standard Chartered Bank Taiwan* - Taiwan
79
Ceska Sporitelna - Czech Republic
179
Investec Bank - South Africa
80
Chang Hwa Commercial Bank - Taiwan
180
Bank Keshavarzi - Iran
81
Krung Thai Bank* - Thailand
181
Banco de Credito y Comercio - Cuba
82
Bank Polska Kasa Opieki - Poland
182
Banco de Oro Unibank - Philippines
83
Al Rajhi Banking and Investment Corp - Saudi Arabia
183
Bank of Dalian - China
84
National Bank of Kuwait - Kuwait
184
Metropolitan Bank & Trust - Philippines
85
VakifBank - Turkey
185
Commercial Bank of Syria* - Syria
86
Bancontander (Mexico) - Mexico
186
Zagrebacka banka - Croatia
87
Abu Dhabi Commercial Bank - UAE
187
Bank Zachodni - Poland
88
Union Bank of India - India
188
Kyongnam Bank* - South Korea
89
Bank Mellat* - Iran
189
Abu Dhabi Islamic Bank - UAE
90
Taipei Fubon Commercial Bank* - Taiwan
190
Kazkommertsbank - Kazakhstan
91
Banco Mercantil del Norte - Mexico
191
Denizbank - Turkey
92
National Bank of Egypt - Egypt
192
Mercantil CA Banco Universal - Venezuela
93
PT Bank Mandiri (Persero) - Indonesia
193
State Bank of Patiala - India
94
Bank Saderat Iran - Iran
194
ZAO Raiffeisenbank - Russia
95
Banco Santander Chile - Chile
195
Banco do Estado do Rio Grande do Sul - Brazil
96
Central Bank of India - India
196
Indian Bank - India
97
Kasikornbank* - Thailand
197
Gulf Bank - Kuwait
98
Halkbank - Turkey
198
MKB Bank - Hungary
99
Axis Bank - India
199
Slovenska sporitelna - Slovakia
100
Kuwait Finance House - Kuwait
200
BRD-Groupe Société Générale - Romania

Source: BankersAlmanac, *Asset figures provided by bank

 

For editorial information please contact: Dan Keeler, Editor, email: dan@gfmag.com

For information on how to obtain the Global Finance 200 logo, please write to: Chris Giarraputo, Managing Director: chris@gfmag.com