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 …
The Global Finance magazine has published the winners for the Best Developed Market Banks awards for this year. The winning banks were selected in 25 countries with the exclusion of Ireland and Iceland. From the news report: The winners of this year’s awards are those banks that attended carefully to their customers’ needs in difficult …
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