the market share, 4 largest banks in Indonesia control 50 percent of market share, while 106 banks shared the rest, reflecting the enormous disparity in market power between large and small banks, which will eventually impair competitiveness of the banking industry (Mulyaningsih and Daly, 2011; Osuagwu and Nwokoa, 2017).
Kincheng Banking Corporation. Kwangtung Provincial Bank. Kwong On Bank. Mercantile Bank of India, London and China, Hong Kong branch. Mingde Bank. National Bank of China. National Commercial Bank Limited. National Industrial Bank of China. Overseas Trust Bank Limited.
A sale would follow CBA’s disposal of Bank Commonwealth’s life insurance arm, which it agreed to sell to billionaire Richard Li’s FWD Group Holdings Ltd. for A$426 million ($281 million) in The Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets, and market value. As a group, the companies on the 2023 list account for $50.8 trillion in 9obwB.