S&P Top 20 Asia-Pacific Banks by Market Capitalization 31st March 2023
8th April 2023 | Hong Kong
Below is the Top 20 Asia-Pacific banks by market capitalization at the end of Q1 on 31st March 2023. The top 10 APAC banks are ICBC, China Construction Bank, Agricultural Bank of China, Bank of China, China Merchants Bank, Commonwealth Bank of Australia, HDFC, Mitsubishi UFJ Financial Group, ICICI, Bank Central Asia. The top 3 Southeast Asia banks are Bank Central Asia, DBS Group and Bank Rakyat Indonesia. S&P Global Market Intelligence: “State Bank of India suffered the largest decline in market capitalization among the biggest lenders in the Asia-Pacific region in the first quarter, dragged by a short seller’s attack on the Adani Group and an overall weaker sentiment for the financial sector.”
” The top 10 APAC banks are ICBC, China Construction Bank, Agricultural Bank of China, Bank of China, China Merchants Bank, Commonwealth Bank of Australia, HDFC, Mitsubishi UFJ Financial Group, ICICI, Bank Central Asia “
S&P Top 20 Asia-Pacific Banks by Market Capitalization 31st March 2023
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