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  • Over the next few decades, this will be one of the most highly coveted awards in India – and perhaps the world. The number of high and ultra-high net-worth individuals is rising fast: India is now home to the fourth-highest number of HNWs in Asia, according to a 2016 Capgemini report.
  • India’s fifth-largest private-sector bank, Yes Bank, has been a clarion voice in India’s long drive to increase onshore financial inclusion since its formation in 2004. Later this year, its in-house business accelerator, aimed at boosting digital banking participation and unearthing the country’s next generation of great technology entrepreneurs, will open its doors in Mumbai.
  • Bangladesh has a lot of banks, 57 in total. Many are small and troubled, but Dhaka also hosts the headquarters of a handful of first-rate banks that invest in themselves, their customers and the country around them.
  • Eastern Bank, led by Ali Reza Iftekhar, remains one of Bangladesh’s best-run lenders. Its balance sheet is strong – it boasts one of the country’s lowest ratios of non-performing loans, at 2.69% as of the end of 2016. And its credit rating is solid, with Moody’s confirming the bank’s Ba3 rating with a stable outlook in February 2017, for a second straight year.
  • There are plenty of candidates for this award – The City Bank and Eastern Bank both have strong digital offerings and are installing upgrades to keep themselves ahead of the pack – but Standard Chartered is a cut above the rest in the digital world.
  • Brac Bank’s offering is not just devoted to small and medium-sized enterprises. There are good retail and corporate banking divisions at work here, too. But finding thriving Bangladeshi corporates and extending finance to them is what Brac Bank has been doing better than any of its domestic peers since it was founded 16 years ago.
  • Standard Chartered stands head and shoulders above its foreign peers in Bangladesh. HSBC has a solid local operation and a few other pan-Asian lenders are here in spirit, but no one can compete with the London-based, emerging market-focused lender.
  • Wealth management is still a young business in Bangladesh. If you are local and wealthy, your assets are often managed elsewhere, by private bankers in the likes of London, Dubai, or Singapore. But some lenders are seeking to make an impact, rolling out quality wealth-management services to high net-worth and mass-affluent clients.
  • Dutch-Bangla Bank, founded in 1996 by a group of Bangladesh based entrepreneurs, working in cohort with the Netherlands based Development Finance Company, has always taken its responsibilities in the field of corporate social responsibility seriously.
  • KBZ Bank’s competitors like to describe it as a ‘protected species’ in Myanmar banking. They may be right – KBZ’s connections are very tight in the capital Nyapyidaw. It has ties to still powerful members of the former military junta that ran Myanmar for decades.
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  • Expanded rankings and additional categories, including other comparative and bespoke data, are available for purchase. Please contact Mee Ling Lee at meeling.lee@euromoneyasia.com for our data packages.