The Bloomberg Markets magazine has published the list of The World’s Strongest Banks.Singapore-based Overseas-Chinese Banking Corp (OCBC) was ranked the world’s strongest bank based on its performance for the 2010 fiscal year. Â The World’s Strongest Banks 1 Overseas-Chinese Banking (Singapore) 2 Svenska Handelsbanken (Sweden) 3 National Bank of Canada 4 Canadian Imperial Bank of Commerce …
The Top 10 Brazilian Banks based on Assets held as of December 2010 are listed below: Click to enlarge Source: Banco Central Do Brasil The top bank in this list is the state-owned Banco Do Brasil (BDORY). Its ADR currently pays a 1.12% dividend yield. The second largest bank is Itaú Unibanco Holding S.A. (ITUB) …
The list of the most customer friendly banks in India based on a study by the Outlook Money magazine is shown below: Click to enlarge Source: India’s Most Customer Friendly Banks HDFC Bank(HDB) currently has a 0.45% dividend yield. Disclosure: No positions
Some of the banks in South Korea are still struggling from bad real-estate loan losses. The country’s Financial Services Commission is considering the creation of a “bad bank” to take on all the non-performing assets currently held by lenders. Of the roughly 100 small savings banks in South Korea, regulators have shut down eight weak …