List of largest banks in ASEAN

This is a list of the largest Southeast Asian banks, measured by total assets, market capitalisation, sales, and profit.

Largest Southeast Asian banks (overall)

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By Forbes TheGlobal2000 for 2023[1]

SEA rank World rank Company Industry Sales
(billion $)
Profits
(billion $)
Assets
(billion $)
Market value
(billion $)
Country
1 181 OCBC Bank Banking 25.39 4.17 417.50 42.89   Singapore
2 190 DBS Bank Banking 16.11 5.94 554.45 61.90   Singapore
3 308 Bank Rakyat Indonesia Banking 13.16 3.45 119.84 53.79   Indonesia
4 367 United Overseas Bank Banking 12.00 3.32 375.98 35.36   Singapore
5 418 Bank Mandiri Banking 10.00 2.72 120.80 32.58   Indonesia
6 462 Bank Central Asia Banking 6.71 2.93 88.15 75.60   Indonesia
7 472 Maybank Banking 9.90 1.87 215.17 23.77   Malaysia
8 740 Public Bank Berhad Banking 4.57 1.39 111.98 17.54   Malaysia
9 770 CIMB Banking 6.30 1.24 151.36 12.33   Malaysia
10 814 Vietcombank Banking 4.40 1.15 69.13 18.13   Vietnam
11 849 Kasikornbank Banking 8.14 1.18 124.31 10.82   Thailand
12 875 Siam Commercial Bank Banking 5.54 1.55 97.24 10.25   Thailand
13 903 BDO Unibank Banking 4.69 1.12 75.17 13.04   Philippines
14 931 Bank Negara Indonesia Banking 5.02 1.23 66.15 11.76   Indonesia
15 1081 BIDV Banking 6.04 0.78 89.95 9.38   Vietnam
16 1037 Bangkok Bank Banking 5.74 0.92 130.46 8.89   Thailand
17 1114 Krung Thai Bank Banking 4.65 0.99 104.37 7.52   Thailand
18 1329 Vietinbank Banking 5.45 0.72 76.71 5.71   Vietnam
19 1433 RHB Bank Banking 2.58 0.62 70.55 5.28   Malaysia
20 1449 Hong Leong Bank Banking 2.03 0.61 67.68 4.65   Malaysia
21 1491 Metrobank Banking 2.61 0.64 52.96 4.90   Philippines
22 1532 Techcombank Banking 2.38 0.86 29.65 4.31   Vietnam
23 1605 MB Bank Banking 3.02 0.75 30.90 3.50   Vietnam
24 1811 TMB Bank Banking 2.47 0.33 53.81 3.64   Thailand

Largest Southeast Asian banks by total assets

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Information from Forbes as of 2022[2]

Rank Bank name Country Total assets
(US$ billion)
1 DBS Bank   Singapore 509.1
2 OCBC Bank   Singapore 402.2
3 United Overseas Bank   Singapore 340.7
4 Maybank   Malaysia 213.2
5 CIMB   Malaysia 149.3
6 Bangkok Bank   Thailand 130.7
7 Kasikornbank   Thailand 124.3
8 Bank Mandiri   Indonesia 121.1
9 Bank Rakyat Indonesia   Indonesia 117.7
10 Public Bank Berhad   Malaysia 111.1
11 Krung Thai Bank   Thailand 107.7
12 Siam Commercial Bank   Thailand 101.4
13 Bank Central Asia   Indonesia 87.7
14 Bank for Investment and Development of Vietnam   Vietnam 77.3
15 BDO Unibank   Philippines 69.5
16 RHB Bank   Malaysia 69.5
17 Bank Negara Indonesia   Indonesia 67.7
17 Vietinbank   Vietnam 67.2
19 Hong Leong Bank   Malaysia 66.7
20 Vietcombank   Vietnam 62.1
21 TMB Bank   Thailand 53.8
22 Metropolitan Bank and Trust Company   Philippines 49.1

Largest Southeast Asian banks by market capitalisation

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Information from Forbes as of 2022[2]

Rank Bank name Country Market capitalisation
(US$ billion)
1 Bank Central Asia   Indonesia 67.6
2 DBS Bank   Singapore 63.0
3 Bank Rakyat Indonesia   Indonesia 50.1
4 OCBC Bank   Singapore 39.7
5 United Overseas Bank   Singapore 38.0
6 Bank Mandiri   Indonesia 26.9
7 Maybank   Malaysia 24.7
8 Public Bank Berhad   Malaysia 21.2
9 Vietcombank   Vietnam 16.9
10 CIMB   Malaysia 12.2
11 Bank Negara Indonesia   Indonesia 12.1
12 BDO Unibank   Philippines 11.3
13 Kasikornbank   Thailand 10.8
14 Bank for Investment and Development of Vietnam   Vietnam 8.5
15 Siam Commercial Bank   Thailand 8.3
16 Bangkok Bank   Thailand 7.5
17 Vietinbank   Vietnam 6.2
18 Krung Thai Bank   Thailand 5.9
19 RHB Bank   Malaysia 5.7
20 Hong Leong Bank   Malaysia 5.1
21 Metropolitan Bank and Trust Company   Philippines 4.8
22 TMB Bank   Thailand 3.6

Largest Southeast Asian banks by sales

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Information from Forbes as of 2022[2]

Rank Bank name Country Sales
(US$ billion)
1 OCBC Bank   Singapore 22.9
2 Bank Rakyat Indonesia   Indonesia 12.8
3 DBS Bank   Singapore 12.4
4 Bank Mandiri   Indonesia 9.5
5 Maybank   Malaysia 9.2
6 United Overseas Bank   Singapore 8.9
7 Kasikornbank   Thailand 8.1
8 Bank Central Asia   Indonesia 6.1
9 CIMB   Malaysia 5.7
10 Siam Commercial Bank   Thailand 5.4
11 Bangkok Bank   Thailand 5.4
12 Bank for Investment and Development of Vietnam   Vietnam 5.4
13 Bank Negara Indonesia   Indonesia 4.8
14 Public Bank Berhad   Malaysia 4.5
15 Krung Thai Bank   Thailand 4.4
16 Vietinbank   Vietnam 4.4
17 BDO Unibank   Philippines 4.3
18 Vietcombank   Vietnam 3.9
19 RHB Bank   Malaysia 2.6
20 TMB Bank   Thailand 2.5
21 Metropolitan Bank and Trust Company   Philippines 2.3
22 Hong Leong Bank   Malaysia 1.9

Largest Southeast Asian banks by profit

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Information from Forbes as of 2022[2]

Rank Bank name Country Profit
(US$ billion)
1 DBS Bank   Singapore 5.0
2 OCBC Bank   Singapore 3.6
3 United Overseas Bank   Singapore 3.0
4 Bank Central Asia   Indonesia 2.3
5 Bank Rakyat Indonesia   Indonesia 2.2
6 Bank Mandiri   Indonesia 2.0
7 Maybank   Malaysia 2.0
8 Public Bank Berhad   Malaysia 1.4
9 Kasikornbank   Thailand 1.2
10 Siam Commercial Bank   Thailand 1.1
11 CIMB   Malaysia 1.0
12 Vietcombank   Vietnam 0.96
13 BDO Unibank   Philippines 0.90
14 Vietinbank   Vietnam 0.61
15 Bangkok Bank   Thailand 0.82
16 Bank Negara Indonesia   Indonesia 0.76
17 Krung Thai Bank   Thailand 0.76
17 RHB Bank   Malaysia 0.63
19 Hong Leong Bank   Malaysia 0.57
20 Bank for Investment and Development of Vietnam   Vietnam 0.46
21 Metropolitan Bank and Trust Company   Philippines 0.45
22 TMB Bank   Thailand 0.33

See also

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References

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  1. ^ "Forbes2000".
  2. ^ a b c d "ForbesGlobal2000".