Citizens Bank leads list of newcomers

摘要

The new arrivals table in the 2017 Top 1000 World Banks ranking is a more diverse affair than it was in 2016. In total, banks from 18 markets appear in the list, up from 15 in 2016. Of the 36 institutions entering the Top 1000 World Banks for the first time, 10 are from the US, four are from Venezuela, three from China, two from Sri Lanka and two from the UK. The remaining institutions hail from western Europe, Latin America and the Asia-Pacific region. The Tier 1 capital positions of the new arrivals in 2017 are also much larger compared with last year's table. The cumulative Tier 1 capital of the top three this year is about three times larger ($29.5bn) than their predecessors in the 2016 table ($8.9bn). This, in part, reflects some of the significant merger and acquisition activity that has taken place in the largest and most mature banking markets during the review period.