The Top 10 Indian Banks based on Assets held as of Dec 31,2008 are listed below. Similar to Brazil, China and other countries, there are both private and state-owned banks in India. The Top 10 Indian Banks based on Assets [TABLE=228] Source: BankScope The largest bank in India is the state-owned State Bank of India, …
Continue reading ‘The Top 10 Banks in India Based on Assets’ »
We reviewed China’s largest banks by 2008 assets on November 9th.Today lets take a look at some of the most profitable banks. China’s 10 Most Profitable Banks based on Net Income in 2008: [TABLE=227] Source: BankScope Industrial & Commercial Bank of China (ICBC) is the most profitable bank in China based on Net Income in …
The Chinese banking sector showed strong growth last year despite the global economic downturn. Interest rate cuts, reduced reserve requirements and the massive $585 B infrastructure focused program helped Chinese banks achieve high growth. It will be interesting to see if Chinese banks are able repeat this performance in 2010. The Top 10 Chinese Banks …