Method­ol­ogy

Top 100 See - - Top 100 Banks -

TOP 100 banks is a rank­ing of the largest banks in South­east Europe in terms of to­tal as­sets from non-con­sol­i­dated bal­ance sheets as of De­cem­ber 31, 2011.

To al­low com­par­i­son, all lo­cal cur­ren­cies have been con­verted into euro, us­ing the cen­tral banks’ of­fi­cial ex­change rates on the last work­ing day of 2011 and 2010, re­spec­tively. Lo­cal cur­rency fig­ures have been used when cal­cu­lat­ing year-on-year changes.

All data is sourced from cen­tral banks, na­tional com­mer­cial reg­is­ters, fi­nan­cial su­per­vi­sion com­mis­sions, bank as­so­ci­a­tions, govern­ment and cor­po­rate web­sites, and com­pa­nies them­selves.

The ini­tial pool of com­pa­nies ex­ceeds 240 banks reg­is­tered in the re­gion in­clud­ing branches and rep­re­sen­ta­tive of­fices of for­eign banks. 40% to 956.3 mil­lion euro last year but its profit shrank to 3.2 mil­lion from 13.2 mil­lion euro in 2010. The bank is 99.97%-owned by the state.

Slove­nia’s Hypo Alpe-Adria-Bank d.d. was the big­gest de­cliner, slid­ing 28 places in the rank­ing to the 37th po­si­tion. Its as­sets fell some 10% while its net loss rose by 2.1% to 26.9 mil­lion euro. The bank said that the fall in as­sets was a re­sult of the trans­fer of a por­tion of non-bank­ing sec­tor loans to an en­ter­prise in the group while its loss was largely due to a 23% in­crease in loan im­pair­ments.

There were 241 ac­tive banks in SEE at the end of 2011, up from 238 a year ear­lier.

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