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Article: Electro Bank leads again in soundness ranking.(Ashikaga Bank Ltd.)(Banco BBA Creditanstalt S.A.)(Franklin Resources Inc.)(Brief article)(Company rankings)
- Article from:
- The Banker
- Article date:
- July 1, 2009
CopyrightCOPYRIGHT 2009 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A high capital/assets ratio usually reflects a healthy business model and a good financial strength. For the seventh time in a row, France-based Electro Bank tops the soundness ranking with a ratio of 86.91%. Banco Exterior in Venezuela, a new entry to the Top 25, comes in second at 82.89%. Another new arrival, Banco Severo-Vostochny Alliance in Russia, is ranked third with 56.86%.
The best profit on capital was recorded by Ashikaga Bank, a Japanese institution that tops the ranking, reaching an outstanding profitability of 191.84%. Banco BBM jumped from 14th place to second with 82.01% and Bank Maskan made its way to third place with a 66.03% ratio.
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