The annual report on the world's most valuable ... - Brand Finance
The annual report on the world's most valuable ... - Brand Finance
The annual report on the world's most valuable ... - Brand Finance
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3 © <strong>Brand</strong> <strong>Finance</strong> plc 2012 © <strong>Brand</strong> <strong>Finance</strong> plc 2012<br />
Executive<br />
Summary<br />
Debt Crisis hits European Banking <strong>Brand</strong>s<br />
• <str<strong>on</strong>g>The</str<strong>on</strong>g> Euroz<strong>on</strong>e sovereign debt crisis took a heavy<br />
toll <strong>on</strong> <strong>the</strong> European banking sector, with<br />
European banks making up 16 of <strong>the</strong> 20 banks<br />
to lose <strong>the</strong> greatest percentage of <strong>the</strong>ir<br />
brand value<br />
• <strong>Brand</strong> value generated in Europe decreased by<br />
20%, falling behind both North America and Asia<br />
• <str<strong>on</strong>g>The</str<strong>on</strong>g> <strong>most</strong> <strong>valuable</strong> banking brand is based<br />
in Europe, but HSBC’s operati<strong>on</strong>s are sufficiently<br />
global to have avoided <strong>the</strong> worst of <strong>the</strong><br />
Euroz<strong>on</strong>e crisis<br />
Mixed Signals from North American Banks<br />
• <str<strong>on</strong>g>The</str<strong>on</strong>g> North American sector was a tale of two<br />
cities, with New York’s banks <strong>most</strong>ly losing value<br />
while Tor<strong>on</strong>to’s jumped ahead<br />
• <str<strong>on</strong>g>The</str<strong>on</strong>g>re were wide variati<strong>on</strong>s, however, Bank of<br />
America experienced <strong>the</strong> single biggest fall in<br />
brand value (US$11 billi<strong>on</strong>) while American<br />
Express gained <strong>the</strong> <strong>most</strong> value with over<br />
US$2.7 billi<strong>on</strong><br />
• Canadian banks were some of <strong>the</strong> best<br />
performing, with four of <strong>the</strong> five brands gaining<br />
<strong>the</strong> <strong>most</strong> value being Canadian<br />
• Overall <strong>the</strong> c<strong>on</strong>tinent’s banks lost 9% of <strong>the</strong>ir<br />
brand value<br />
Banks from Emerging Markets Surge Ahead<br />
• Banks based in <strong>the</strong> BRIC-countries made up 7 of<br />
<strong>the</strong> top 20 <strong>most</strong> <strong>valuable</strong> banking brands, a figure<br />
tied with America and exceeding Europe’s 5 top<br />
20 banks<br />
• Brazil’s Bradesco has increased its brand value<br />
fivefold since 2007 to place in <strong>the</strong> top 10 <strong>most</strong><br />
<strong>valuable</strong> banking brands<br />
• While <strong>the</strong> “Big Four” Chinese banks saw stable<br />
brand values, sec<strong>on</strong>d tier Chinese brands saw<br />
dramatic increases in value<br />
• Chinese banking brands have low brand value to<br />
enterprise value ratios, indicating that <strong>the</strong>y are<br />
not leveraging <strong>the</strong>ir brand to its full capacity<br />
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