BIGGEST EMERGING MARKETS BANKS 2014

On A Grand Scale


Chinese banks take first 10 places in rankings.


The biggest ten emerging markets banks are all Chinese, including the biggest bank in the world, Industrial and Commercial Bank of China, with assets of $3,100 billion. The increase in Chinese banks’ assets in dollar terms was assisted by a strengthening of the renminbi during 2013, but the growth in local currency assets was the principle reason for Chinese banks’ stronger showing.

Sberbank of Russia was the largest non-Chinese emerging markets bank at the end of 2013, in eleventh position.

The combined assets of the biggest 50 emerging markets banks was $24,465 billion, a 10% increase on last year. Chinese banks accounted for 73% of these assets, with Brazilian banks contributing 9% and Korean banks 7%.  

The small showing by banks from the Arabian Gulf is striking. Twenty-one GCC banks feature in the rankings, but only two feature among the biggest 50.

Chilean banks, which lead the Latin American contribution to both the Global Safest Banks and the Safest Emerging Markets Banks, fall far short of the size needed to book a place among the biggest 50 emerging markets banks.

NEXT PAGE: BIGGEST EMERGING MARKETS BANKS


BIGGEST EMERGING MARKETS BANKS 2014

Rank Bank Country Total Assets USD mn Statement Date
1 Industrial and Commercial Bank of China China 3,100,051 12/31/2013
2 China Construction Bank China 2,517,568 12/31/2013
3 Agricultural Bank of China China 2,386,291 12/31/2013
4 Bank of China China 2,273,581 12/31/2013
5 China Development Bank China 1,341,642 12/31/2013
6 Bank of Communications China 976,818 12/31/2013
7 China Merchants Bank China 658,167 12/31/2013
8 Shanghai Pudong Development Bank China 603,062 12/31/2013
9 Industrial Bank (China) China 602,621 12/31/2013
10 China CITIC Bank China 596,682 12/31/2013
11 Sberbank Russia 556,393 12/31/2013
12 China Minsheng Bank China 528,679 12/31/2013
13 Banco do Brasil Brazil 496,229 12/31/2013
14 Itaú Unibanco Brazil 438,641 12/31/2013
15 State Bank of India India 398,667 3/31/2014
16 China Everbright Bank China 395,760 12/31/2013
17 Caixa Econômica Federal  Brazil 366,492 12/31/2013
18 Agricultural Development Bank of China China 364,584 12/31/2012
19 Banco Bradesco Brazil 357,943 12/31/2013
20 BNDES Brazil 333,921 12/31/2013
21 Export-Import Bank of China China 308,873 12/31/2013
22 Ping An Bank China 288,682 3/31/2013
23 VTB Bank Russia 266,844 12/31/2013
24 KB Kookmin Bank Korea 251,335 12/31/2013
25 Korea Finance Corporation Korea 245,217 12/31/2013
26 China Guangfa Bank China 240,864 12/31/2013
27 Woori Bank Korea 236,863 12/31/2013
28 Hua Xia Bank China 236,726 12/31/2012
29 Shinhan Bank Korea 225,550 12/31/2013
30 Bank of Beijing China 219,055 12/31/2013
31 Industrial Bank of Korea Korea 201,424 12/31/2013
32 Banco Santander Brasil Brazil 193,467 12/31/2013
33 Nonghyup Financial Group Korea 185,093 12/31/2013
34 Maybank Malaysia 170,789 12/31/2013
35 Bank of Shanghai* China 161,503 12/31/2012
36 Korea Development Bank Korea 158,921 12/31/2013
37 Hana Financial Group Korea 154,344 12/31/2013
38 Bank of Taiwan* Taiwan 142,745 12/31/2031
39 ICICI Bank India 124,381 3/31/2014
40 Qatar National Bank India 121,837 12/31/2013
41 bank Turkey 113,107 12/31/2013
42 Bank of Baroda India 112,499 3/31/2014
43 Gazprombank Rusia 111,429 12/31/2013
44 Garanti Bank Turkey 103,681 12/31/2013
45 Vnesheconombank Russia 101,254 12/31/2013
46 Korea Exchange Bank Korea 101,036 12/31/2013
47 National Commercial Bank Saudi Arabia 100,608 12/31/2013
48 Ziraat Bankas Turkey 99,056 12/31/2013
49 Standard Bank South Africa 96,843 12/31/2013
50 Taishin Financial Holding Taiwan 95,700 12/31/2013
  • Source for asset figures: Fitch Solutions, except for * Moody’s Analytics, and ** from banks’ financial statements

 

NEXT PAGE: BIGGEST ISLAMIC BANKS IN THE GCC 2014


BIGGEST ISLAMIC BANKS IN THE GCC 2014

Rank

Bank

Country

Total Assets
USD mn

Statement Date

1 Al Rajhi Bank  Saudi Arabia 74,632 12/31/13
2 Kuwait Finance House Kuwait 57,233 12/31/13
3 Dubai Islamic Bank** UAE 30,848 12/31/13
4 Abu Dhabi Islamic Bank UAE 28,090 12/31/13
5 Qatar Islamic Bank** Qatar 21,251 12/31/13
6 Masraf Al Rayan* Qatar 18,274 12/31/13
7 Alinma Bank** Saudi Arabia 16,800 12/31/13
8 Bank AlJazira** Saudi Arabia 15,994 12/31/13
9 Al Hilal Bank** UAE 10,539 12/31/13
10 Bank Al Bilad* Saudi Arabia 9,685 12/31/13
11 Qatar International Islamic Bank** Qatar 9,456 12/31/13
12 Barwa Bank** Qatar 9,241 12/31/13
13 Boubyan Bank** Kuwait 7,773 12/31/13
14 Ithmaar Bank** Bahrain 7,466 12/31/13
15 Noor Bank** UAE 6,304 12/31/13
16 Sharjah Islamic Bank** UAE 5,917 12/31/13
17 Kuwait International Bank** Kuwait 5,331 12/31/13
18 Al Salam Bank** Bahrain 2,911 12/31/13
19 Bahrain Islamic Bank* Bahrain 2,415 12/31/13
20 Ajman Bank** UAE 1,931 12/31/13
21 AlBaraka Islamic Bank** Bahrain 1,631 12/31/13
22 Al-Khaliji Commercial Bank** Bahrain 1,450 12/31/13
23 Warba Bank** Kuwait 1,439 12/31/13
24 Bank Nizwa** Oman 511 12/31/13
25 AlIzz Islamic Bank** Oman 260 12/31/13
  • Source for asset figures: Fitch Solutions, except for * Moody’s Analytics, and ** from banks’ financial statements

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