Foreign news: Indonesian banks ranked

Banking Day staff
  • The data and analysis provider SNL Financial yesterday released rankings, by asset value in USD, of Indonesia's top 15 Indonesian banks. Indonesia's banking system is the 12th-largest in the Asia-Pacific region, with total assets of US$341 billion in 2014, based on estimates by The Economist Intelligence Unit. Bank Mandiri reported 855 trillion Indonesian rupiah (US$68.9 billion) in assets at the end of 2014, making it the country's largest bank, ahead of Bank Rakyat Indonesia, with 802 trillion rupiah (US$64.6 billion). However, none of the country's banks are ranked among the 100 largest banks in the world.