List of largest banks in Southeast Asia

These are lists of the largest Southeast Asian banks, measured by total assets and market capitalisation.

Largest Southeast Asian banks by total assets

Information from Forbes as of 2018^[1]

Rank	Bank name	Country	Total assets (US$ billion)
1	DBS Bank	Singapore	404.1
2	OCBC Bank	Singapore	351.2
3	United Overseas Bank	Singapore	277.9
4	Maybank	Malaysia	189.1
5	CIMB	Malaysia	125.3
6	Public Bank Berhad	Malaysia	102.9
7	Bangkok Bank	Thailand	101.5
8	Siam Commercial Bank	Thailand	97.7
9	Kasikornbank	Thailand	95.8
10	Krung Thai Bank	Thailand	92.3
11	Bank Mandiri	Indonesia	81.2
12	Bank Rakyat Indonesia	Indonesia	81.1
13	RHB Bank	Malaysia	56.9
14	Bank Central Asia	Indonesia	55.2
15	Bank for Investment and Development of Vietnam	Vietnam	53.8
16	BDO Unibank	Philippines	53.6
17	Bank Negara Indonesia	Indonesia	50.8
18	Vietinbank	Vietnam	48.8
19	Vietcombank	Vietnam	44.0
20	Metropolitan Bank and Trust Company	Philippines	39.6
21	Bank of the Philippine Islands	Philippines	32.3[2]
22	AmBank	Malaysia	35.3
23	Thanachart Bank	Thailand	32.8
24	TMB Bank	Thailand	23.8[3]

This table is missing Hong Leong bank headquartered in Malaysia. From the quarterly report as of 31 March,2018, their total assets is 197 billion MYR which is 48.1 b USD at a FX rate of 4.1 USD/MYR.

So, it should be ranked 19th and the banks from 19 in the above list must be ranked a place lower

Source : https://www.hlb.com.my/content/dam/hlb/my/docs/pdf/About-Us/Investor-Relations/annual-quaterly-reports/2018/quarterly-financial-results/unaudited-results-for-the-3rd-quarter/hlbb-condensed-financial-statement-q3-fy1718.pdf

Largest Southeast Asian banks by market capitalisation

Information from Forbes as of 2018^[1]

Rank	Bank name	Country	Market capitalisation (US$ billion)
1	DBS Bank	Singapore	56.6
2	OCBC Bank	Singapore	41.2
3	Bank Central Asia	Indonesia	40.2
4	United Overseas Bank	Singapore	36.9
5	Maybank	Malaysia	29.6
6	Bank Rakyat Indonesia	Indonesia	27.7
7	Bank Mandiri	Indonesia	24.1
8	Public Bank Berhad	Malaysia	22.3
9	CIMB	Malaysia	16.4
10	Kasikornbank	Thailand	14.7
11	Siam Commercial Bank	Thailand	14.3
12	Bangkok Bank	Thailand	11.4
13	BDO Unibank	Philippines	11.1
	Bank Negara Indonesia	Indonesia	11.1
15	Krung Thai Bank	Thailand	7.6
	Bank of the Philippine Islands	Philippines	7.6[4]
17	Vietcombank	Vietnam	9.1
18	Metropolitan Bank and Trust Company	Philippines	6.6
19	RHB Bank	Malaysia	5.3
20	Bank for Investment and Development of Vietnam	Vietnam	5.1
21	AmBank	Malaysia	2.8
22	TMB Bank	Thailand	2.9[5]
23	Vietinbank	Vietnam	4.8
24	Thanachart Bank	Thailand	1.8

This table is missing Hong Leong bank. As of 24 August, their market cap is 43 billion MYR which translates to 10.5 billion USD at a FX rate of 4.1 USD/MYR. Thus it should be ranked 15th and the banks from 15 in the above list must be ranked a place lower.^[6]

References