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Performance rankings

1000

03 July 2024

Highlights:

Licensed banks | Restricted licence banks | Deposit taking companies | Virtual banks | Foreign bank branches

Licensed banks

Ranking	Total assets	HK$ million
1.	Hongkong and Shanghai Banking Corporation Limited (The)	10,500,393
2.	Bank of China (Hong Kong) Limited	3,685,578
3.	Standard Chartered Bank (Hong Kong) Limited	2,534,695
4.	Hang Seng Bank, Limited	1,692,094
5.	Industrial and Commercial Bank of China (Asia) Limited	915,960
6.	Bank of East Asia, Limited (The)	860,361
7.	Nanyang Commercial Bank, Limited	555,149
8.	China Construction Bank (Asia) Corporation Limited	493,858
9.	China CITIC Bank International Limited	470,387
10.	DBS Bank (Hong Kong) Limited	467,621

Ranking	Net profit after tax	HK$ million
1.	Hongkong and Shanghai Banking Corporation Limited (The)	97,527
2.	Bank of China (Hong Kong) Limited	34,991
3.	Hang Seng Bank, Limited	17,838
4.	Standard Chartered Bank (Hong Kong) Limited	10,758
5.	DBS Bank (Hong Kong) Limited	7,281
6.	Industrial and Commercial Bank of China (Asia) Limited	6,446
7.	Bank of East Asia, Limited (The)	4,136
8.	China Construction Bank (Asia) Corporation Limited	4,004
9.	Nanyang Commercial Bank, Limited	3,442
10.	OCBC Wing Hang Bank Limited	3,038

Ranking	Cost/income ratio
1.	Bank of Communications (Hong Kong) Limited	21.2%
2.	Bank of China (Hong Kong) Limited	25.8%
3.	Industrial and Commercial Bank of China (Asia) Limited	29.6%
4.	Chong Hing Bank Limited	32.2%
5.	Tai Yau Bank, Limited	32.6%
6.	CMB Wing Lung Bank Limited	32.8%
7.	Shanghai Commercial Bank Limited	33.0%
8.	Nanyang Commercial Bank, Limited	34.8%
9.	China Construction Bank (Asia) Corporation Limited	35.6%
10.	Hang Seng Bank, Limited	35.8%

Ranking	Return on equity
1.	DBS Bank (Hong Kong) Limited	16.1%
2.	Bank of China (Hong Kong) Limited	11.4%
3.	Hongkong and Shanghai Banking Corporation Limited (The)	11.2%
4.	Hang Seng Bank, Limited	10.9%
5.	Morgan Stanley Bank Asia Limited	10.4%
6.	OCBC Wing Hang Bank Limited	6.6%
7.	Standard Chartered Bank (Hong Kong) Limited	5.8%
8.	Dah Sing Bank, Limited	5.7%
9.	Citibank (Hong Kong) Limited	5.4%
10.	China Construction Bank (Asia) Corporation Limited	5.3%

Ranking	Growth in assets
1.	Chong Hing Bank Limited	9.0%
2.	Fubon Bank (Hong Kong) Limited	8.8%
3.	CMB Wing Lung Bank Limited	7.4%
4.	China Construction Bank (Asia) Corporation Limited	7.3%
5.	Bank of China (Hong Kong) Limited	5.6%
6.	OCBC Wing Hang Bank Limited	4.6%
7.	China CITIC Bank International Limited	4.1%
8.	Dah Sing Bank, Limited	3.4%
9.	Hongkong and Shanghai Banking Corporation Limited (The)	3.0%
10.	Shanghai Commercial Bank Limited	2.9%

Ranking	Growth in net profit after tax
1.	Tai Yau Bank, Limited	5658.7%
2.	Tai Sang Bank Limited	136.0%
3.	Standard Chartered Bank (Hong Kong) Limited	70.8%
4.	Morgan Stanley Bank Asia Limited	62.9%
5.	Hang Seng Bank, Limited	58.3%
6.	Chong Hing Bank Limited	46.2%
7.	Fubon Bank (Hong Kong) Limited	44.4%
8.	OCBC Wing Hang Bank Limited	41.0%
9.	DBS Bank (Hong Kong) Limited	31.1%
10.	China Construction Bank (Asia) Corporation Limited	29.6%

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Restricted licence banks

Ranking	Total assets	HK$ million
1.	Bank of Shanghai (Hong Kong) Limited	32,791
2.	KDB Asia Limited	24,294
3.	Kasikornbank Public Company Limited	24,217
4.	J.P. Morgan Securities (Asia Pacific) Limited	19,434
5.	Korea Development Bank (The)	13,933
6.	PT. Bank Mandiri (Persero) TBK	13,480
7.	Bank of China International Limited	6,216
8.	Siam Commercial Bank Public Company Limited (The)	6,142
9.	ORIX Asia Limited	3,900
10.	Habib Bank Zurich (Hong Kong) Limited	3,137

Ranking	Net profit after tax	HK$ million
1.	Citicorp International Limited	1,277
2.	J.P. Morgan Securities (Asia Pacific) Limited	962
3.	KDB Asia Limited	375
4.	Kasikornbank Public Company Limited	294
5.	PT. Bank Mandiri (Persero) TBK	114
6.	ORIX Asia Limited	58
7.	Korea Development Bank (The)	53
8.	Habib Bank Zurich (Hong Kong) Limited	49
9.	Goldman Sachs Asia Bank Limited	38
10.	Siam Commercial Bank Public Company Limited (The)	26

Ranking	Cost/income ratio
1.	PT. Bank Mandiri (Persero) TBK	8.1%
2.	Kasikornbank Public Company Limited	9.2%
3.	KDB Asia Limited	16.3%
4.	Siam Commercial Bank Public Company Limited (The)	34.1%
5.	Korea Development Bank (The)	34.2%
6.	Bank of Shanghai (Hong Kong) Limited	34.8%
7.	Goldman Sachs Asia Bank Limited	52.6%
8.	Habib Bank Zurich (Hong Kong) Limited	61.8%
9.	Allied Banking Corporation (Hong Kong) Limited	62.7%
10.	Citicorp International Limited	63.8%

Ranking	Return on equity
1.	Korea Development Bank (The)	3533.3%
2.	Citicorp International Limited	53.9%
3.	KDB Asia Limited	9.1%
4.	PT. Bank Mandiri (Persero) TBK	9.0%
5.	Habib Bank Zurich (Hong Kong) Limited	8.1%
6.	J.P. Morgan Securities (Asia Pacific) Limited	6.7%
7.	Kasikornbank Public Company Limited	6.6%
8.	Goldman Sachs Asia Bank Limited	3.9%
9.	Allied Banking Corporation (Hong Kong) Limited	3.5%
10.	ORIX Asia Limited	2.5%

Ranking	Growth in assets
1.	Korea Development Bank (The)	67.4%
2.	PT. Bank Mandiri (Persero) TBK	24.0%
3.	Bank of Shanghai (Hong Kong) Limited	13.0%
4.	Goldman Sachs Asia Bank Limited	12.2%
5.	KDB Asia Limited	7.7%
6.	Kasikornbank Public Company Limited	7.0%
7.	Habib Bank Zurich (Hong Kong) Limited	6.2%
8.	Allied Banking Corporation (Hong Kong) Limited	5.3%
9.	J.P. Morgan Securities (Asia Pacific) Limited	1.1%
10.	Bank of China International Limited	-3.0%

Ranking	Growth in net profit after tax
1.	Korea Development Bank (The)	330.4%
2.	Goldman Sachs Asia Bank Limited	111.1%
3.	Siam Commercial Bank Public Company Limited (The)	73.3%
4.	Habib Bank Zurich (Hong Kong) Limited	25.6%
5.	KDB Asia Limited	15.0%
6.	Kasikornbank Public Company Limited	13.1%
7.	Allied Banking Corporation (Hong Kong) Limited	-0.5%
8.	Bank of Shanghai (Hong Kong) Limited	-21.1%
9.	ORIX Asia Limited	-26.6%
10.	Citicorp International Limited	-27.4%

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Deposit-taking companies

Ranking	Total assets	HK$ million
1.	Public Finance Limited	6,056
2.	Kexim Asia Limited	6,032
3.	Woori Global Markets Asia Limited	3,861
4.	KEB Hana Global Finance Limited	1,521
5.	Vietnam Finance Company Limited	567
6.	BPI International Finance Limited	386
7.	Corporate Finance (D.T.C.) Limited	317
8.	BCOM Finance (Hong Kong) Limited	283
9.	Fubon Credit (Hong Kong) Limited	101
10.	Chau's Brothers Finance Company Limited	70

Ranking	Net profit after tax	HK$ million
1.	Woori Global Markets Asia Limited	86
2.	Public Finance Limited	80
3.	KEB Hana Global Finance Limited	38
4.	Kexim Asia Limited	25
5.	BCOM Finance (Hong Kong) Limited	6
6.	BPI International Finance Limited	4
7.	Vietnam Finance Company Limited	2
8.	Corporate Finance (D.T.C.) Limited	2
9.	Chong Hing Finance Limited	2
10.	Chau's Brothers Finance Company Limited	-

Ranking	Cost/income ratio
1.	Chong Hing Finance Limited	10.5%
2.	BCOM Finance (Hong Kong) Limited	22.2%
3.	Woori Global Markets Asia Limited	23.3%
4.	KEB Hana Global Finance Limited	35.6%
5.	Kexim Asia Limited	46.7%
6.	Public Finance Limited	63.8%
7.	Corporate Finance (D.T.C.) Limited	66.7%
8.	Vietnam Finance Company Limited	80.0%
9.	BPI International Finance Limited	91.2%
10.	Chau's Brothers Finance Company Limited	102.6%

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Virtual banks

Ranking	Total assets	HK$ million
1.	Mox Bank Limited	14,367
2.	ZA Bank Limited	13,930
3.	Fusion Bank Limited	5,678
4.	Livi Bank Limited	4,895
5.	WeLab Bank Limited	3,764
6.	Ping An OneConnect Bank (Hong Kong) Limited	3,305
7.	Airstar Bank Limited	2,326
8.	Ant Bank (Hong Kong) Limited	1,594

Ranking	Profit before tax	HK$ million
1.	Ant Bank (Hong Kong) Limited	(180)
2.	Ping An OneConnect Bank (Hong Kong) Limited	(181)
3.	Airstar Bank Limited	(208)
4.	WeLab Bank Limited	(316)
5.	ZA Bank Limited	(399)
6.	Fusion Bank Limited	(406)
7.	Livi Bank Limited	(560)
8.	Mox Bank Limited	(852)

Ranking	Total deposits from customers	HK$ million
1.	ZA Bank Limited	11,695
2.	Mox Bank Limited	11,133
3.	Fusion Bank Limited	4,555
4.	WeLab Bank Limited	3,127
5.	Ping An OneConnect Bank (Hong Kong) Limited	2,495
6.	Livi Bank Limited	2,191
7.	Airstar Bank Limited	1,677
8.	Ant Bank (Hong Kong) Limited	634

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Foreign bank branches

Ranking	Total assets	HK$ million
1.	Agricultural Bank of China Limited	590,232
2.	Citibank, N.A.	572,382
3.	Mizuho Bank, Ltd.	427,638
4.	Bank of Communications Co., Ltd.	386,291
5.	BNP Paribas	365,277
6.	MUFG Bank, Ltd.	335,095
7.	DBS Bank Ltd.	296,051
8.	UBS AG	279,645
9.	China Development Bank	263,433
10.	Sumitomo Mitsui Banking Corporation	256,594

Ranking	Net profit after tax	HK$ million
1.	Citibank, N.A.	9,113
2.	UBS AG	3,932
3.	Agricultural Bank of China Limited	3,713
4.	JPMorgan Chase Bank, National Association	2,848
5.	Bank of Communications Co., Ltd.	2,309
6.	MUFG Bank, Ltd.	2,185
7.	China Merchants Bank Co., Ltd.	2,110
8.	DBS Bank Ltd.	2,018
9.	China Development Bank	1,825
10.	Bank of America, National Association	1,719

Ranking	Cost/income ratio
1.	First Commercial Bank, Ltd.	7.6%
2.	Hua Nan Commercial Bank, Ltd.	8.3%
3.	China Development Bank	8.4%
4.	Mega International Commercial Bank Co., Ltd.	9.2%
5.	Agricultural Bank of China Limited	9.3%
6.	China Merchants Bank Co., Ltd.	11.6%
7.	Woori Bank	12.7%
8.	Taipei Fubon Commercial Bank Co., Ltd.	13.2%
9.	Bank of Taiwan	13.3%
10.	Chang Hwa Commercial Bank, Ltd.	13.3%

Ranking	Growth in assets
1.	Commonwealth Bank of Australia	279.3%
2.	Nonghyup Bank	220.5%
3.	Banque Pictet & Cie SA	99.4%
4.	First Abu Dhabi Bank PJSC	95.9%
5.	Bank of Dongguan Co., Ltd.	69.8%
6.	Hua Xia Bank Co., Limited	43.9%
7.	Mashreq Bank - Public Shareholding Company	40.1%
8.	China Bohai Bank Co., Ltd.	39.6%
9.	Bank of Montreal	37.1%
10.	Coöperatieve Rabobank U.A.	36.7%

Ranking	Growth in net profit after tax
1.	National Australia Bank Limited	3775.0%
2.	KBC Bank N.V.	2500.0%
3.	Shanghai Commercial & Savings Bank, Ltd. (The)	1248.1%
4.	JPMorgan Chase Bank, National Association	1143.7%
5.	Ping An Bank Co., Ltd.	354.0%
6.	CA Indosuez (Switzerland) SA	320.0%
7.	Bank of Communications Co., Ltd.	263.6%
8.	Bank of Nova Scotia (The)	244.8%
9.	Bank J. Safra Sarasin AG	217.1%
10.	Qatar National Bank (Q.P.S.C.)	207.1%

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Financial Results

Compare the results of banks across a variety of metrics in the charts for each of the five categories of banks in Hong Kong

Performance Rankings | Licensed banks | Virtual banks | Restricted licence banks | Deposit taking companies | Foreign bank branches

Download PDF

Hong Kong Banking Report 2024

Report on the 2023 financial performance of banks in Hong Kong

Download PDF (4.4 MB) ⤓

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