The Asian Banker

Hang Seng Bank tops AB500 rankings; AP banks generally well capitalised
Asian banking industry’s aggregate strength declined in 2013, as performance in key parameters such as profitability growth, liquidity and asset quality moderated.

Sep 13, 2013 | Wendy Weng

Another Hong Kong bank has made it to the top of The Asian Banker 500 (AB500) strongest bank balance ranking in 2013, reflecting the strong financial strength of the territory’s banking sector. This year, Hang Seng Bank, the domestic banking subsidiary of global giant HSBC, snagged top spot among the largest 500 banks in the Asia Pacific region, improving on its fourth-place position in 2012.

This comes on the back of stronger asset and profitability growth. Standard Chartered Bank Hong Kong, the strongest bank last year, lost ground and came in at 11th place overall, as its asset growth, profitability and liquidity moderated from the year before.


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Categories: Asia Pacific, Asian Banker 500, Australia, China, Credit Risk, Databook, Hong Kong, India, Indonesia, Japan, Malaysia, Risk and Regulation, Singapore, South Korea
Keywords: Hang Seng Bank, Standard Chartered Bank, OCBC, UOB, DBS, Maybank, ABC, ICBC, Non-Bank Lending, Liquidity Risk, Sibos 2013
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