In an earlier post we looked at the Best Banks in Latin America based on rankings by the Global Finance magazine. The table below lists the Best Banks in Asia for 2011:
[TABLE=890]
Source: Global Finance
China’s Industrial And Commercial Bank Of China Ltd aka ICBC trades on the OTC market under the ticker IDCBY and has a dividend yield of 2.92%. India’s HDFC Bank (HDB) has a yield of 0.44% but has a high P/E of over 31. Malayan Banking (MLYBY) of Malaysia closed at $6.15 and pays a juicy dividend of 9.09%. South Korea’s Shinhan Financial Group Co (SHG) has a yield of just 0.77%.
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