The Banker Magazine of UK which is a flagship Global Financial Intelligence magazine of Financial Times Group of UK has announced rankings of "Top 1000 World Banks 2012". The UK based magazine has also disclosed the ranking of different countries.
Every year The Banker publishes a list of Top 1000 banks based on strength, size, soundness, profit and performance. The Banker's ratings and lists are referred by professionals and governments worldwide.
From across the globe, Asia Pacific has the highest number of banks in the ranking with 34.8%, followed by western Europe with 24%, North America 17.9%, Middle East 9.1%, Latin America 6.2%, Central and Eastern Europe 4.9% and last is Africa with 3.1%.
From the top 25 countries of the world based on return on capital, Pakistan is ranked number 4 with 35.96% followed by Russia at number 5 with 30.46%. Argentina is number 1 with 42.82%, Peru at number 2 with 40.41% and Indonesia is at 3 with 36.08%. India is at number 23 with 20.59% followed by Lebanon at 24 and Panama at number 25. This reflects the huge potential of Pakistan and it is a signal for international investors and also bright future of Pakistan.
From Pakistani banks, National Bank of Pakistan (NBP) has been ranked as top bank in Pakistan based on its Tier 1 Capital Strength and size of assets.-PR
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