Our banking system has changed a lot since the Asian Crisis of 1997. We saw numerous mergers, hostile take-overs, consolidations and re-packaging to ensure their survival, growth and of course, domination.
1. DBS Bank, Singapore
2. United Overseas Bank, Singapore
3. Oversea-Chinese Banking Corp., Singapore
4. Malayan Banking, Malaysia
5. CIMB Bank, Malaysia
6. Bangkok Bank, Thailand
7. Krung Thai Bank, Thailand
8. Bank Mandiri, Indonesia
9. Thai Farmers Bank, Thailand
10. Siam Commercial Bank, Thailand
*** Banks of Singapore, Malaysia and Thailand would dominate the list if we continue to Top 20.
The largest bank in the Philippines is Metropolitan Bank with $13 Billion in total asset. Vietnam Bank For Agriculture is the largest bank in Vietnam with $3 Billion. Burma's Kanbawza Bank, the country's biggest bank (after the closure of Asia Wealth and Mayflower) with $3 Billion. The biggest bank in Laos is Banque Pour Le Commerce Exterieur Lao with $194 Million total asset. The largest bank in Cambodia is Canadia Bank with $190 Million total asset.