United Arab Emirates

Emirates Bank InternationalEmirates Bank International (EBI) has undertaken a series of transformational changes in the past 12 months or more, including the announcement and start of a groundbreaking merger with National Bank of Dubai (NBD), which will create the largest bank in the region, Emirates NBD.

Ukraine

Raiffeisen Bank AvalAcquired in October 2005 by Austria’s Raiffeisen International, its new Ukraine subsidiary Raiffeisen Bank Aval (RBA) is the largest bank in the country in terms of paid-up capital and the second largest in terms of assets.

Singapore

DBS bankDBS Bank has proved its resilience and demonstrated to the market that it is capable of sustained high performance, even in the face of strong margin pressure.

Sierra Leone

Standard Chartered Bank Sierra Leone

Serbia

Raiffeisen banka

Senegal

Ecobank Senegal

Saudi Arabia

Samba Financial GroupLeveraging its well-known franchise and the region’s strong economic fundamentals, Samba Financial delivered excellent results across all businesses for 2006 and continued the growth trend into 2007.

Rwanda

Banque Commerciale du RwandaBanque Commerciale du Rwanda (BCR) achieved a marked improvement in all key growth and performance measures last year.

Russia

SberbankThe biggest bank in Russia by a wide margin, Sberbank produced very strong results in 2006 followed by a successful $8.8bn share offering earlier this year and a strong first half performance.

Romania

BRD-Groupe Société Générale

Qatar

Qatar National BankQatar’s largest bank, Qatar National Bank (QNB), had another outstanding year, reflecting the strong economic growth in the region. In 2006, net profits rose by 30.4% to $550.7m with assets up 43% to $19.7bn and Tier 1 capital up 22% to $1.8bn.

Puerto Rico

Santander BanCorpSantander BanCorp focused on three main initiatives last year, all of which were aimed at improving shareholder return.

Portugal

Banco Espírito SantoAcquisitions are not necessarily the best way to grow a business. Banco Espírito Santo’s organic growth strategy in its core business has brought good results and secured it a healthy 50% profit growth in 2006.

Poland

PKO Bank PolskiIn the highly competitive Polish market, PKO Bank Polski (PKO PB), the largest and only domestically owned bank among the major institutions, performed strongly in all banking indicators in 2006.

Philippines

Banco de Oro Unibank

Peru

Banco de Crédito del PerúBanco de Crédito del Perú (BCP) took a strategic decision to focus its operations on more profitable lending products and distribution channels to satisfy customer demand.

Paraguay

Banco ContinentalBanco Continental drastically increased its paid-up capital and assets last year, obtaining impressive growth in market share, particularly in the middle market and agricultural sectors.

Pakistan

Standard Chartered Bank Pakistan

Oman

Bankmuscat

Norway

DnB NOR