THE ASIAN ONE HUNDRED
Growth is what comes naturally to a Japanese giant. This year, the figures (in dollar terms) are swollen by the rise of the yen. So those minus signs which have attached themselves to Bank of Tokyo look startling. True, this bank's figures are not strictly comparable with the others in our table; they show the year to last March, not the year to last September. But this was true last year too, and Bank of Tokyo then showed growth of nearly 14% in equity, over 19% in net income and over 6% in assets. Those assets may have been the trouble; they included too many loans to Latin America. Last June, Moody's gave Bank of Tokyo only two As instead of three. Its staff of 14,000 remains nearly constant while its income shrinks. This is usual with Japanese banks; our tables analysing return on assets, return on equity and net income per employee show that many of those impressive institutions are stuffed, rather than staffed. An alphabetical index of banks appears on page 164.
ALPHABETICAL LISTING OF THE 100
50 77 BANK
80 AKITA BANK
90 AOMORI BANK
33 ASHIKAGA BANK
83 AWA BANK
46 BANGKOK BANK
28 BANK BUMIPUTRA MALAYSIA
95 BANK DAGANG NEGARA
58 BANK NEGARA INDONESIA 1946
64 BANK OF COMMUNICATIONS
34 BANK OF FUKUOKA
40 BANK OF HIROSHIMA
81 BANK OF IWATE
60 BANK OF KYOTO
99 BANK OF SAGA
72 BANK OF SEOUL
39 BANK OF TAIWAN
16 BANK OF TOKYO
22 BANK OF YOKOHAMA
97 CHANG HWA COMMERCIAL BANK
31 CHIBA BANK
73 CHO HUNG BANK
32 CHUGOKU BANK
48 CHUO TRUST AND BANKING CO
54 COMMERCIAL BANK OF KOREA
3 DAI-ICHI KANGYO BANK
52 DAISHI BANK
13 DAIWA BANK
26 DBS BANK--THE DEVELOPMENT BANK OF SINGAPORE
91 EIGHTEENTH BANK
94 EXPORT-IMPORT BANK OF INDIA
85 FIRST COMMERCIAL BANK
1 FUJI BANK
67 FUKUI BANK
45 GUNMA BANK
82 HABIB BANK
36 HACHIJUNI BANK
63 HANIL BANK
56 HIGO BANK
62 HOKKAIDO BANK
30 HOKKAIDO TAKUSHOKU BANK
51 HOKKOKU BANK
89 HOKUETSU BANK
35 HOKURIKU BANK
93 HONG LEONG...