200 BIGGEST EMERGING MARKET BANKS 2010



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.


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 Komercn 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 Ita 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 Extrieure dAlgrie – 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 Econmica 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 Crdito 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 Extrieur – 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 Nacin Argentina – Argentina
77 CIMB Bank – Malaysia 177 Banco de Crdito del Per – 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 Socit Gnrale – 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

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