Credit SuisseEveryone loves a turnaround story and The Banker’s judges could not resist the charm of Credit Suisse’s phenomenal come back.
HandelsbankenHigh RoE, consistently growing year after year, and an exceptionally low NPL ratio have characterised Handelsbanken’s past year. The bank’s good profit growth demonstrates that cautious management decisions can go hand in hand with profitability.
Standard Bank SwazilandStandard Bank Swaziland (SBS) introduced new and innovative products last year – wholesale and retail deposit-attracting products that enabled the bank to achieve the industry’s highest market share in liabilities.
Commercial Bank of CeylonCommercial Bank of Ceylon made strong progress on all fronts last year, with net profits up 17% on a normalised basis, after discounting the extraordinary items arising from the sale of Investment and Restructuring Pension Scheme.
BBVAIn a year when risk taking has punished the most adventurous with losses and write downs, BBVA’s conservative approach has paid off with good results.
Woori Bank
Standard BankStandard Bank’s commitment to sustainable development and ethical business practice is premised on its belief that the only way to grow shareholder value and manage business risk is to meet the needs of its stakeholders.
NLB
Tatra bankaAmong strong competition, Tatra banka, which is part of Austria’s Raiffeisen International Group, produced healthy growth across all key indicators in 2006.
Oceanic Bank International
ASB Bank
Khan BankKhan Bank’s reduced liability costs and enhanced asset base resulted in an extraordinary acceleration of the group’s net interest margin and earnings power, establishing a new base for future growth and competitiveness.
BBVA BancomerBancomer has built a unique business model that caters to specific market niches through specialised business units.
HSBCHSBC locally incorporated in Mauritius last year to enhance its customers’ ability to take advantage of the group’s global network and enable access to the extensive double taxation treaties that Mauritius has in place.
Bank of VallettaNot new to this competition, Bank of Valletta has once again shown notable growth. Its net profits have increased by more than 44%, assets have grown by 10% and shareholders have received a good 25.2% RoE.
CIMB GroupThe figures speak for themselves, with Tier 1 capital, assets and net profits up between 47.64% and 64.04% in the year.
Standard Bank Malawi
Bank of Africa Madagascar
NLB Tutunska BankaPart of Slovenia’s NLB Group, NLB Tutunska Banka is the third largest bank in Macedonia by assets and continued to provide strong results and strong growth in key market segments in 2006.
KredietBankLuxembourg’s banking market is a fertile environment for private banking operations, whether these are carried out by traditional commercial banks or pure private banks.