atans1

Our banks are sway kees even in SE Asia

In Banks on 13/09/2016 at 3:20 pm

I’m surprised to learn that the State Bank of India is bigger than DBS. And that Bank Central Asia is bigger than OCBC and that ICICI Bank and Bank Rakyat Indonesia are bigger than UOB.

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  1. Size of banks tend to be correlated to population size. Singapore is too small – the big 3 won’t even make the list if it weren’t for the acquisitions of large overseas operating entities.

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