Do you know which bank is the largest in ASEAN region in terms of assets size or market capitalization? With the recent news that Maybank or CIMB Bank going to merge with RHB Bank, how does the ranking changes?
The table below shows Top 10 ASEAN Banks ranking based on their assets size & market capitalization before and after the merging between Maybank or CIMB Bank with RHB Bank.
Table 1 :- Current Ranking
| Bank | Country | Assets Size (USD) | Market Cap (USD) | |
|---|---|---|---|---|
| 1 | DBS | Singapore | 232 | 27.7 |
| 2 | OCBC | Singapore | 194 | 25.7 |
| 3 | UOB | Singapore | 175 | 24.5 |
| 4 | Maybank | Malaysia | 126 | 21.7 |
| 5 | CIMB Bank | Malaysia | 90 | 20.7 |
| 6 | Public Bank | Malaysia | 76 | 15.3 |
| 7 | Bangkok Bank | Thailand | 66 | 9.2 |
| 8 | Krung Thai Bank | Thailand | 65 | 6.2 |
| 9 | Kasikornbank | Thailand | 55 | 8.6 |
| 10 | Siam Commercial Bank | Thailand | 53 | 11.4 |
Table 2 :- Ranking after merging
| Bank | Country | Assets Size (USD) | Market Cap (USD) | |
|---|---|---|---|---|
| 1 | DBS | Singapore | 232 | 27.7 |
| 2 | OCBC | Singapore | 194 | 25.7 |
| 3 | UOB | Singapore | 175 | 24.5 |
| 4 | Maybank + RHB | Malaysia | 154 | 28.8 |
| 5 | CIMB Bank + RHB | Malaysia | 132 | 27.3 |
| 6 | Public Bank | Malaysia | 76 | 15.3 |
| 7 | Bangkok Bank | Thailand | 66 | 9.2 |
| 8 | Krung Thai Bank | Thailand | 65 | 6.2 |
| 9 | Kasikornbank | Thailand | 55 | 8.6 |
| 10 | Siam Commercial Bank | Thailand | 53 | 11.4 |
Basically, there is no change in the ranking in terms of assets size but it does bring them closer to Singapore Bank. However, Maybank or CIMB Bank will go to the top of the rank in terms of Market Capitalization.