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This is a List of the 10 Largest Banks in ASEAN by Assets

Reza Pahlevi 14/01/2022 17:20 WIB

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United Overseas Bank (UOB) has officially acquired the consumer banking businesses in four ASEAN countries: Indonesia, Malaysia, Thailand, and Vietnam.

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This is a List of the 10 Largest Banks in ASEAN by Assets

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Top 10 Banks by Assets in ASEAN (2021)

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Forbes released a list of the largest banks in ASEAN in 2021. DBS Bank was recorded as the largest ASEAN bank with total assets of US$491.9 billion.

OCBC Bank ranked second with assets worth US$394.5 billion. UOB's assets were recorded at US$326.7 billion, placing it third.

UOB officially acquired the consumer banking business in four ASEAN countries: Indonesia, Malaysia, Thailand, and Vietnam. According to an official statement, the acquired Citigroup consumer business has net aggregate assets of S$4 billion, or approximately US$2.97 billion.

Maybank and CIMB, two Malaysian banks, filled the fourth and fifth ranks. Maybank has assets worth US$213 billion, and CIMB has assets of US$149.7 billion.

BRI, an Indonesian bank, had the highest asset value among Indonesian banks, with total assets of US$107.6 billion. This makes BRI the 11th largest bank in ASEAN.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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This is a List of the 10 Largest Banks in ASEAN by Assets

This is a List of the 10 Largest Banks in ASEAN by Assets

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This is a List of the 10 Largest Banks in ASEAN by Assets

This is a List of the 10 Largest Banks in ASEAN by Assets

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