SOUTHEAST ASIA'S LARGEST BANKS
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
$88 Billion
2. United Overseas Bank, Singapore
$80 Billion
3. Oversea-Chinese Banking Corp., Singapore
$68 Billion
4. Malayan Banking, Malaysia
$66.7 billion
5. CIMB Bank, Malaysia
$53 Billion
6. Bangkok Bank, Thailand
$43 Billion
7. Krung Thai Bank, Thailand
$28 Billion
8. Bank Mandiri, Indonesia
$25.2 Billion
9. Thai Farmers Bank, Thailand
$23 Billion
10. Siam Commercial Bank, Thailand
$21 Billion
*** 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.
--Pisanu
