Comprehensive List of Banks in Asia with Bank Types

Asia is home to a diverse range of banks, each with its own unique characteristics. From state-owned banks to private sector lenders, the options are numerous.

In Japan, banks like Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group are major players in the market. These banks offer a range of services, including personal banking and corporate banking.

In South Korea, banks like KB Financial Group and Shinhan Financial Group are among the largest and most influential. They provide a variety of financial services, including credit cards and investment banking.

In China, banks like Industrial and Commercial Bank of China and China Construction Bank are state-owned, providing essential financial services to the country.

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Bank Mandiri, a state-owned enterprise in Indonesia, has a significant presence in the region with over 138 branch offices and 13,000 ATM machines worldwide.

In Bahrain, you'll find a diverse range of banks, including Ahli United Bank, Arab Banking Corporation, and Gulf International Bank, among others.

Some notable banks in Kuwait include Al-Ahli Bank of Kuwait, Burgan Bank, and Kuwait Finance House, while in Lebanon, you'll find Bank of Beirut S.A.L., BLOM Bank S.A.L., and Byblos Bank S.A.L.

Here's a breakdown of some of the banks in the Maldives:

Bahrain has a diverse range of banks, with a total of 12 institutions operating in the country.

The list of banks in Bahrain includes Ahli United Bank, Arab Banking Corporation, Bahrain Islamic Bank, Bank of Bahrain and Kuwait, and Bank Melli Iran.

Some of the notable banks in Bahrain are Gulf International Bank and HSBC Bank (Middle East), which are known for their international presence and services.

Citibank and Standard Chartered Bank are also prominent players in the Bahraini banking sector, offering a wide range of financial products and services.

National Bank of Bahrain and State Bank of India are also major banks in the country, catering to the financial needs of individuals and businesses.

Here's a list of the 12 banks operating in Bahrain:

Bangladesh has a diverse banking system with numerous state-owned and private banks. Here are some of the notable banks in Bangladesh:

Bangladesh has 13 state-owned banks, including the Bangladesh Bank, Bangladesh Krishi Bank, and Grameen Bank. These banks play a vital role in providing financial services to the rural population.

Some of the notable private banks in Bangladesh include Islami Bank Bangladesh Limited, Al Arafah Islami Bank Limited, and Prime Bank. These banks offer a range of financial products and services to individuals and businesses.

The following is a list of some of the state-owned and private banks in Bangladesh:

Iran also has a diverse banking system with many state-owned and private banks. Here are some of the notable non-government-owned banks in Iran:

Some of the notable non-government-owned banks in Iran include Ayandeh Bank, Bank Mellat, and Bank Pasargad. These banks offer a range of financial products and services to individuals and businesses.

The following is a list of some of the non-government-owned banks in Iran:

Kuwait has a strong banking sector with a variety of domestic and international banks operating in the country.

Some of the notable banks in Kuwait include Al-Ahli Bank of Kuwait, Ahli United Bank, and Bank of Bahrain and Kuwait. These banks offer a range of financial services to individuals and businesses.

The Central Bank of Kuwait plays a crucial role in regulating and supervising the banking sector in the country.

Here's a list of some of the major banks in Kuwait:

In Singapore, you'll find three major banks that are household names: DBS Bank, Oversea-Chinese Banking Corporation (OCBC), and United Overseas Bank (UOB). These banks have a long history in the country and are well-established.

DBS Bank is one of the largest banks in Southeast Asia, with a strong presence in Singapore. It offers a wide range of financial services, from personal banking to corporate and investment banking.

OCBC is another major player in Singapore's banking scene, with a history dating back to 1932. The bank has a significant presence in the country and offers a range of financial services, including personal and corporate banking.

UOB is Singapore's oldest local bank, established in 1935. The bank has a strong reputation for its customer service and offers a range of financial services, including personal and corporate banking.

Here are the three major banks in Singapore:

Maybank, Malaysia is the top bank on the list of largest banks in Asia by value, as mentioned in Example 3. It was founded in 1960 by Khoo Teck Puat.

Maybank operates in Indonesia, Malaysia, and Singapore, making it a recognized Malaysian universal bank. It has a significant presence with over 22 million customers.

The bank has undergone consistent growth and expansion, resulting in a large number of branches. Maybank has gathered over 22 million customers with 2600 branches.

Here's a list of some of the notable banks in other countries:

In Asia, you'll find a wide variety of banks catering to different needs and preferences.

Commercial banks are the most common type in Asia, offering a range of financial services to individuals and businesses.

Some notable examples of commercial banks in Asia include DBS Bank in Singapore and OCBC Bank in Singapore, which are among the largest in the region.

Investment banks, on the other hand, specialize in providing financial advice and services to corporations and governments.

In Asia, investment banks like Goldman Sachs and Morgan Stanley have a significant presence, particularly in countries like China and Japan.

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Private banks are a type of bank that operates independently from the government. They are often listed on stock exchanges and have a wide range of services.

Some examples of private banks include Axis Bank, HDFC Bank, and ICICI Bank in India, Bank Agroniaga, Bank Akita, and Bank Alfindo in Indonesia, and Allied Bank of Pakistan, Askari Bank, and Bank AL Habib in Pakistan.

In India, private banks like Axis Bank and HDFC Bank have a large customer base and offer a wide range of banking services. Similarly, in Indonesia, private banks like Bank Agroniaga and Bank Akita have a significant presence in the market.

Here are some examples of private banks from around the world:

These private banks have undergone various mergers and acquisitions, with some acquiring other banks and some being merged with larger institutions.

Cooperative banks are a type of bank that operates on a cooperative model, where members pool their resources to achieve a common goal. They are often found in rural areas and are known for their community-focused approach.

One of the notable cooperative banks is the Shamrao Vithal Co-operative Bank Ltd, which has a long history of serving the community. Its success can be attributed to its strong network of members who work together to achieve their goals.

Cooperative banks like the Rupee Cooperative Bank Ltd and the Cosmos Bank offer a range of financial services to their members, including loans, deposits, and other banking facilities. These services are designed to meet the specific needs of the community they serve.

Here's a list of some of the cooperative banks mentioned in the article:

Commercial banks are a type of financial institution that provides a wide range of banking services to individuals and businesses.

Some examples of commercial banks include Bank Melli Iran, Bank Sepah, and Post Bank of Iran, which are all listed as commercial banks in the article.

Commercial banks can also be found in countries like Myanmar, where there are over a dozen licensed commercial banks, including AGD Bank, Asia-Yangon Bank, and AYA Bank.

These banks offer a variety of financial services, such as lending, deposit-taking, and payment processing.

In some countries, commercial banks are required to be licensed, as is the case in Sri Lanka, where banks like Bank of Ceylon, Commercial Bank of Ceylon PLC, and Hatton National Bank PLC are licensed commercial banks.

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Here is a list of some commercial banks in different countries:

These are just a few examples of the many commercial banks that exist around the world.

Thrift banks are a type of bank that offers a range of services to its customers. They are often smaller and more community-focused than larger commercial banks.

Some examples of thrift banks in the Philippines include Allied Savings Bank and Citystate Savings Bank. These banks offer a variety of products and services, such as savings accounts and loans.

Thrift banks like China Bank Savings and RCBC Savings Bank are subsidiaries of larger banks, but they still maintain their own distinct identity and services. This can be beneficial for customers who want to support local businesses.

Here's a list of some well-known thrift banks in the Philippines:

Joint stock banks are a type of bank that is owned by its shareholders. They are also known as joint stock companies.

In India, there are several joint stock banks, including Axis Bank Ltd. and ICICI Bank Ltd.

Joint stock banks are often larger and more complex than cooperative banks, with a wider range of services and products.

Here are some examples of joint stock banks in India:

Specialized banks in Asia are a fascinating topic. They cater to specific needs of the economy and society.

Some examples of specialized banks in Asia include ANCO Specialized Bank, Angkor Capital Specialized Bank, and Cam Capital Specialized Bank PLC, all of which are found in Cambodia.

Other countries in Asia have their own set of specialized banks, such as the Export-Import Bank of Korea, Industrial Bank of Korea, and Korea Development Bank in South Korea.

In Pakistan, there are several specialized banks, including Industrial Development Bank, Punjab Provincial Cooperative Bank, and SME Bank.

These banks often have a specific focus, such as agricultural financing or small and medium enterprise development.

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Here's a list of some specialized government-owned banks in Thailand:

These specialized banks play a crucial role in supporting specific sectors of the economy and promoting economic development in Asia.

Myanma Agricultural Development Bank is one of the government-operated banks in Myanmar. It's not the only one, as there are several other government-operated banks in the country.

In Indonesia, Bank Mandiri is a state-owned enterprise that offers a diverse range of financial services. It has over 138 branch offices and over 13,000 ATM machines worldwide.

Bank Rakyat, another state-owned enterprise in Indonesia, provides diverse financial services and is one of the largest banks in Asia by value. It has 449 branch offices and 13,000 ATMs worldwide.

Here are some of the government-operated banks in Asia:

Foreign banks have a significant presence in Asia, with many operating in various countries. ABN AMRO, for example, is a foreign bank that operates in India.

Some notable foreign banks in Asia include those that have a presence in India. These banks include First Abu Dhabi Bank, Abu Dhabi Commercial Bank, and American Express Bank.

Several foreign banks have a presence in India, including Antwerp Diamond Bank and Arab Bangladesh Bank. Bank of America and Bank of Bahrain and Kuwait also have a presence in India.

These foreign banks in India include Barclays, BNP Paribas, and Calyon Bank. Citibank is another foreign bank with a presence in India.

DBS Bank, Deutsche Bank, and HSBC also have a presence in India. ING and JPMorgan Chase are two more foreign banks that operate in India.

Krung Thai Bank, Mashreq Bank, and Mizuho Corporate Bank are foreign banks that have a presence in India. Oman International Bank and Royal Bank of Scotland also operate in India.

Scotiabank, Shinhan Bank, and Société Générale are foreign banks with a presence in India. Sonali Bank and Standard Chartered Bank also operate in India.

State Bank of Mauritius, UBS, and VTB are foreign banks that have a presence in India.

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In Asia, bank groups and mergers have been a common phenomenon. Some notable mergers include the merging of local banks in Singapore, which resulted in the formation of new banks.

Keppel Bank, Overseas Union Bank (OUB), POSBank, and Tat Lee Bank were among the local banks that merged. This consolidation led to the creation of stronger financial institutions.

Here's a brief overview of some notable bank mergers in Asia:

In the realm of investment, several banks in Pakistan stand out for their contributions to the country's financial landscape. Al-Towfeek Investment Bank Limited is one such institution.

These banks offer a range of investment services, including asset management and advisory services. They also provide various investment products, such as mutual funds and pension funds.

Some notable investment banks in Pakistan include Al-Towfeek Investment Bank Limited, Alzamin Investment Bank, and Asset Investment Bank Limited. These banks have a significant presence in the country's financial sector.

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Here's a list of some of the prominent investment banks in Pakistan:

These investment banks play a crucial role in facilitating investments in various sectors, including real estate and energy.

In Japan, the banking industry is dominated by a few major players. Aozora Bank is one of the largest banking groups in the country.

The major banking groups in Japan include some of the oldest and most respected institutions in the industry. Mitsubishi UFJ Financial Group is a prime example of a banking group that has been around for over a century.

Here are some of the major banking groups in Japan:

These banking groups have a significant presence in the Japanese market and play a crucial role in the country's financial system.

In Singapore, several local banks merged to form larger entities. Keppel Bank, Overseas Union Bank (OUB), POSBank, and Tat Lee Bank all merged.

Some of these merged banks have undergone further changes. For example, UOB Radanasin Bank merged with Bank of Asia to form UOB (Thai).

Here's a list of some notable bank mergers:

In the banking industry of Vietnam, there are several big banks that have made a name for themselves. One of the biggest banks in Vietnam is Techcombank (Vietnam Technological and Commercial Bank).

These big banks have a significant presence in the country and offer a wide range of financial services. For example, Techcombank offers loans, credit cards, and investment services.

Some of the big banks in Vietnam include ACB (Asia Commercial Bank), EAB (Eastern Asia Commercial Bank), and Eximbank (Vietnam). These banks have a large customer base and offer a variety of financial products and services.

Here are some of the big banks in Vietnam:

The top banks in Asia are dominated by Chinese banks, accounting for over 50% of the combined assets of the Asia Pacific bloc. This is due in part to the region's rapid economic growth, with China being a major contributor.

The largest bank in the Asia Pacific region is Industrial and Commercial Bank of China, followed by other Chinese banks. In fact, China has the highest number of banks in the top 100 list, with 32 banks making the cut.

Here are the top countries in the Asia Pacific region with the most banks in the top 100 list:

Regional development banks play a vital role in Asia's financial landscape. These banks cater to specific regions, providing tailored financial services to local communities.

In Indonesia, regional development banks include Bank DKI, Bank Kalteng, and Bank Lampung, among others. These banks focus on regional development and community empowerment. Bank Aceh Syariah is another example of a regional development bank in Indonesia.

Several regional development banks operate in the Philippines, but specific names are not mentioned in the article. However, it's worth noting that these banks often partner with international organizations to provide financial services to underserved communities.

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The following list highlights some regional development banks in Indonesia:

In Nepal, regional development banks include Corporate Development Bank, Excel Development Bank, and Garima Bikas Bank. These banks offer specialized financial services to local communities.

The Asian Top 100 is a list of the largest banks in Asia, and it's a fascinating snapshot of the region's financial landscape. The list includes 100 banks from various countries in Asia, with Chinese banks dominating the top spots.

Chinese banks account for more than 50% of the combined assets of the Asia Pacific bloc, with the Industrial and Commercial Bank of China ranking as the largest bank in the region. The top 500 banks in Asia Pacific account for a combined $58.4 trillion in assets.

The Asian Top 100 list includes banks from countries such as Japan, India, and Indonesia, with Japan having 15 banks in the top 100. However, the number of Japanese banks has declined recently due to regional bank mergers.

Here's a breakdown of the number of banks per country in the top 100:

The list also includes banks from other countries in Asia, such as Malaysia, Singapore, and South Korea, each with a significant presence in the region's financial landscape.

Let's take a look at some specific banks in Asia. Specialized banks like the Industrial Development Bank, Punjab Provincial Cooperative Bank, SME Bank, and Zarai Taraqiati Bank are examples of banks that cater to specific needs.

In Pakistan, you can find banks like the House Building Finance Corporation, Karachi, and the Investment Corporation of Pakistan, Karachi, which are involved in various financial activities. There's also the Pak Kuwait Investment Company Limited, Karachi, and the Pak Libya Holding Company Limited, Karachi, which are notable players in the financial sector.

Here are some notable rural banks in the Philippines: Banco San Juan, Bank of Florida, EastWest Rural Bank, Inc., New Rural Bank of Binalbagan, Inc., One Network Bank, Rural Bank of Alaminos (Laguna), Rural Bank of Bauang, Inc., Rural Bank of Dolores, Rural Bank of San Pablo, Rural Bank of Tanay, and Tiaong Rural Bank, Inc.

In Sri Lanka, you can find licensed commercial banks like Amana Bank, Axis Bank Ltd., Bank of Ceylon, Cargills Bank, Citibank N.A., Commercial Bank of Ceylon PLC, Deutsche Bank AG, DFCC Bank PLC, Habib Bank Ltd., HSBC Sri Lanka, Hatton National Bank PLC, ICICI Bank Ltd., Indian Bank, Indian Overseas Bank, MCB Bank Ltd., National Development Bank PLC, Nations Trust Bank PLC, Pan Asia Banking Corporation PLC, People's Bank, Public Bank Berhad, Sampath Bank PLC, Seylan Bank PLC, Standard Chartered Bank, State Bank of India, and Union Bank of Colombo.

In Singapore, you can find notable banks like DBS Bank, Oversea-Chinese Banking Corporation (OCBC), and United Overseas Bank (UOB).

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In Hong Kong SAR, you'll find a robust banking scene with several major players. The Bank of China (Hong Kong) is one of the most prominent banks in the region.

Here are some of the major banks operating in Hong Kong SAR:

These banks offer a wide range of financial services, from personal banking to corporate banking and investment services.

Old Private Sector banks have a rich history in India.

City Union Bank, for example, is one of the oldest. It was founded in 1906 and has since grown to become a prominent player in the Indian banking sector.

Development Credit Bank, on the other hand, has a strong focus on providing financial services to small and medium-sized enterprises.

Dhanlaxmi Bank has a significant presence in the southern region of India, with a large network of branches and ATMs.

Federal Bank is another notable bank in this category, with a long history dating back to 1889.

Jammu & Kashmir Bank has a unique feature - it was the first bank to be established in the state of Jammu and Kashmir.

Karur Vysya Bank has a strong presence in the southern region, with a large network of branches and ATMs.

Nainital Bank has a significant presence in the state of Uttarakhand, with a large network of branches and ATMs.

Saraswat Bank has a strong focus on providing financial services to small and medium-sized enterprises.

South Indian Bank has a significant presence in the southern region of India, with a large network of branches and ATMs.

Tamilnad Mercantile Bank has a strong focus on providing financial services to small and medium-sized enterprises.

Here's a list of the Old Private Sector banks mentioned earlier:

In Pakistan, there are several microfinance banks that offer financial services to low-income individuals and communities.

The First Micro Finance Bank Limited is one of the pioneers in this sector, providing microfinance services to underserved populations.

Some other notable microfinance banks include Karakuram Bank, Kashf Foundation Limited, Khushhali Bank, Network Micro Finance Bank, Pak Oman Micro Finance Bank, Rozgar Micro Finance Bank, Karachi, and Tameer Microfinance Bank Limited.

These microfinance banks offer a range of services, including microloans, savings accounts, and insurance products.

Here are some of the notable microfinance banks in Pakistan:

In addition to these microfinance banks, there are also several Islamic microfinance banks in Pakistan, including AlBaraka Bank, BankIslami Pakistan Limited, Dawood Islamic Bank Limited, Dubai Islamic Bank Pakistan Limited, and Meezan Bank.

These Islamic microfinance banks offer Shariah-compliant financial services to their customers.

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Rural banks are a type of bank that serves rural communities. They often have unique characteristics that set them apart from larger banks.

Banco San Juan is one example of a rural bank, but it's worth noting that it was acquired by BDO Unibank. This highlights the changing landscape of rural banking in the Philippines.

Some rural banks have even been acquired by larger banks, such as One Network Bank, which was acquired by BDO Unibank. This can be a sign of the challenges faced by rural banks in terms of sustainability.

Other notable rural banks include EastWest Rural Bank, Inc., which is a subsidiary of East West Unibank, and Rural Bank of Alaminos (Laguna), which is a standalone rural bank.

Here's a list of some notable rural banks:

DBS Bank is one of the safest banks in Asia, and it's a good choice for business, private, and consumer banking.

DBS Bank has over 250 branches operating across 50 countries and a workforce of 24,000 employees.

Bangkok Bank is the biggest bank in Asia, with over 27,142 employees and over 1,000 branches in 15 countries.

Bangkok Bank offers diverse services, including Internet, digital, mobile banking, and ATM services.

Here's a list of some of the largest banks in Asia by value:

Bank Rakyat is a state-owned enterprise in Indonesia that provides diverse financial services, with 449 branch offices and 13,000 ATMs worldwide.

Bank Mandiri is a state-owned enterprise in Indonesia that offers a diverse range of financial services, with over 138 branch offices and over 13,000 ATM machines worldwide.

SCB (Siam Commercial Bank) was established in 1904 in Thailand and has over 287 branches, 27,000 employees, and 900 ATM machines.

United Overseas Bank, founded in Singapore in 1935, is the oldest and largest banks in Asia by value, with over 68 branches and 500+ offices across 19 different countries.

OCBC is a renowned multinational finance service company that was first founded in Singapore in late 1932 by Mr Lee Kong Chian. It was formed by merging three operating banks: Chinese Commercial Bank Limited, Ho Hong Bank Limited, and Oversea-Chinese Bank Limited.

OCBC has over 570 branches operating in 18 countries. This vast network of branches is a testament to the bank's commitment to providing its services globally.

The bank is the biggest bank in Asia, with high stakes and holdings that make it one of the largest banks in Asia by value. Its total valuations stand at $29,523 Million.