Asia Pacific banking sector delivered better-than-expected profitability and reduced NPLs in FY2021.The strongest banks in China, Hong Kong, Japan, Macau, Malaysia and Singapore ranked among the top 10 strongest banks in the region

In 2023, China’s domestic systemically important banks grew to 20, led by China Merchants Bank in the TAB Global 1000 World’s Strongest Banks 2023 ranking, but some still require more capital despite improved capital ratios

Four banks in Bangladesh on the TABInsights Bank Watch List reported an average gross NPL ratio of 17.8% in FY2022, while Indian banks demonstrated improved asset quality, with none making the list, highlighting resilience to economic fluctuations