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The annual report on the world's most valuable ... - Brand Finance

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key Facts:<br />

Regi<strong>on</strong>al BV: 201,774<br />

% of total BV: 27.4%<br />

% change: 24.6%<br />

<strong>Brand</strong> value attributable to regi<strong>on</strong>al operati<strong>on</strong>s (us$m)<br />

1. europe<br />

European banking brand values suffered a dramatic<br />

deteriorati<strong>on</strong> in 2011 as debt crises, mass public<br />

protests and lurking macroec<strong>on</strong>omic problems all<br />

took <strong>the</strong>ir toll. <str<strong>on</strong>g>The</str<strong>on</strong>g> c<strong>on</strong>tinent, which has traditi<strong>on</strong>ally<br />

enjoyed a very str<strong>on</strong>g banking sector, saw <strong>the</strong> value<br />

of its banking brands fall by more than a fifth,<br />

down US$60 billi<strong>on</strong> to just over US$200 billi<strong>on</strong>.<br />

Virtually n<strong>on</strong>e of <strong>the</strong> regi<strong>on</strong>’s banks were immune<br />

to <strong>the</strong> c<strong>on</strong>siderable problems which have led to <strong>the</strong><br />

greatest decline in banking brand values since <strong>the</strong><br />

Credit Crunch al<strong>most</strong> five years ago.<br />

<str<strong>on</strong>g>The</str<strong>on</strong>g> Euroz<strong>on</strong>e debt crisis has had a very significant<br />

impact <strong>on</strong> brand values, manifesting itself as<br />

a relentless decline in c<strong>on</strong>fidence held by <strong>the</strong><br />

stakeholders of banking brands. Whilst a number<br />

of North American and Asian banks have had highly<br />

successful years by rebuilding <strong>the</strong>ir reputati<strong>on</strong>s and<br />

reducing exposure to Europe, European banks have<br />

had to operate in a quagmire of low c<strong>on</strong>fidence,<br />

ec<strong>on</strong>omies <strong>on</strong> <strong>the</strong> brink of recessi<strong>on</strong> and seemingly<br />

endless debt crises.<br />

<str<strong>on</strong>g>The</str<strong>on</strong>g>re is no doubt that <strong>the</strong> worst performing regi<strong>on</strong> in<br />

this year’s <strong>Brand</strong><strong>Finance</strong> ® Banking 500 was Europe<br />

and with many of <strong>the</strong> problems which caused<br />

2011’s derailment set to c<strong>on</strong>tinue, 2012 looks set to<br />

be ano<strong>the</strong>r grim year.<br />

2. asia<br />

Chinese banks dominate <strong>the</strong> list of <strong>most</strong> <strong>valuable</strong><br />

Asian banking brands, taking 6 of <strong>the</strong> 10 top spots.<br />

Even sec<strong>on</strong>d-tier Chinese banks such as Bank of<br />

Communicati<strong>on</strong>s and China Merchants placed<br />

higher than every Japanese bank besides dominant<br />

Bank of Tokyo-Mitsubishi UFJ, which was <strong>the</strong> 5th<br />

ranked Asian banking brand and <strong>the</strong> Asian bank to<br />

gain <strong>the</strong> <strong>most</strong> brand value. Three of <strong>the</strong> Chinese “big<br />

four” banks lost brand value, while China Merchants<br />

Bank and Shanghai Pud<strong>on</strong>g Development Bank<br />

ranked am<strong>on</strong>g <strong>the</strong> brands which saw <strong>the</strong> greatest<br />

increase in brand value.<br />

135 Asian banks placed am<strong>on</strong>g <strong>the</strong> 500 <strong>most</strong><br />

<strong>valuable</strong> banking brands, representing 27% of <strong>the</strong><br />

banks <strong>on</strong> <strong>the</strong> table. Despite Chinese dominance<br />

of <strong>the</strong> top 20, 30% of <strong>the</strong> Asian banking brands<br />

valued were Japanese, with China and India<br />

representing 17% and 16% respectively. South<br />

Korean banks represented 10% of <strong>the</strong> Asian brands<br />

<strong>on</strong> <strong>the</strong> table, with no o<strong>the</strong>r country having more<br />

than 6 banks <strong>on</strong> <strong>the</strong> table.<br />

South East Asian banks had a str<strong>on</strong>g year, with<br />

Bank Rakyat Ind<strong>on</strong>esia, Bank Negara Ind<strong>on</strong>esia,<br />

and OCBC (of Singapore) all placing am<strong>on</strong>g <strong>the</strong> top<br />

10 banks to have with <strong>the</strong> highest percentage<br />

increase in <strong>the</strong>ir brand value. Thai, Filipino,<br />

Malaysian, and Vietnamese banks also made<br />

<strong>the</strong> table, showing <strong>the</strong> increasing distributi<strong>on</strong> of <strong>the</strong><br />

banking sector in South East Asia.<br />

key Facts:<br />

Regi<strong>on</strong>al BV: 189,636<br />

% of total BV: 25.7%<br />

% change: 6.3%<br />

<strong>Brand</strong> value attributable to regi<strong>on</strong>al operati<strong>on</strong>s (us$m)<br />

37 © <strong>Brand</strong> <strong>Finance</strong> plc 2012<br />

© <strong>Brand</strong> <strong>Finance</strong> plc 2012<br />

38

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