Banks in Saudi Arabia and UAE remain the strongest in the Middle East, while South African and Egyptian banks are the leaders in Africa

As Chinese banks continue to dominate the list of largest banks, others in Asia Pacific face mounting pressure to sustain performance

Hang Seng Bank tops the ranking in Asia Pacific for this year’s The Asian Banker Strongest Banks By Balance Sheet, which is the most comprehensive annual evaluation that captures the quality and sustainability of the balance sheets of the banks in the Asia Pacific, Middle East and Africa regions.

Asia Pacific banks have strengthened capital position, profitability and asset quality despite slightly elevated risk profile and slower asset growth

Regulators have intensified efforts to curb the financial and conduct risks that confront banks in the region.