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S. Korea: Six Banks Make Global Top 100 - Report
Source: koreaherald.com
Source Date: Sunday, July 12, 2015
Focus: Electronic and Mobile Government, ICT for MDGs, Knowledge Management in Government, Citizen Engagement, Institution and HR Management, Internet Governance
Country: Korea (Republic of)
Created: Jul 21, 2015

Six South Korean banks made the global top 100 banks list, a Britain-based financial industry tracker said Sunday, although none of them were included in the top 50 bracket.

In Asia's fourth-largest economy, KDB Financial Group, KB Financial Group, Shinhan Financial Group, Hana Financial Group, Woori Financial Group and Nonghyup Financial Group placed in the top 100, the data compiled by The Banker showed.

KDB Financial outpaced other South Korean rivals at 62nd, up 16 notches from a year earlier. KB Financial climbed three steps on-year to the 65th spot, and Shinhan Financial remained unchanged on-year at 69th place.

Hana Financial moved up two to rank 82nd, while Woori Financial slipped 16 notches to 91st. NH Financial managed to be included in the top 100 list at 97th.

Of the top five banks, China held three, with the Industrial and Commercial Bank of China ranking at the top. China Construction Bank came next, and U.S.-based JPMorgan Chase & Co. Bank of America was No. 3. 

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