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)

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

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

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

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

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

References

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