HDFC Bank declared ‘Strongest Bank in Asia Pacific’

GK NEWS NETWORK

Jammu, Apr 25: HDFC Bank, the second largest private sector bank in the country, has been declared as the “Strongest Bank in Asia Pacific”.  In a survey conducted by the Asian Banker magazine, the bank won this honour, beating more than 50 banks across 13 countries in the Asia Pacific region, the bank in a statement said.  The Top 10 has 3 banks each from India and China, 2 from Hong Kong, and one each from Singapore and Australia, according to the magazine. Singapore’s United Overseas Bank (2nd), China’s Shanghai Pudong Development Bank (4th), Bank of Beijing (5th),  China Construction Bank (6th), Industrial and Commercial Bank of China (9th) and Commonwealth Bank of  Australia (10th) are some of the prominent names in the Top 10 list that has only two other Indian Banks, namely Axis Bank and Punjab National Bank.

Lastupdate on : Mon, 25 Apr 2011 21:30:00 Makkah time
Lastupdate on : Mon, 25 Apr 2011 18:30:00 GMT
Lastupdate on : Tue, 26 Apr 2011 00:00:00 IST



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