A Cross Border Crusader
75% Growth in deposits in last one year
The bank that has a strong client selection culture but follows the client even when he expands operations to another country has been adjudged the Best Foreign Bank in India in the Large Foreign Banks category in the annual BT-KPMG Best Banks Study for 2019-20. Bank of America (BofA), despite being sixth in size, has topped in growth in advances and deposits. However, it ranks lower on other broad srength analysis parameters — it is second in capital adequacy, fourth in quality of earnings and eighth in quality of assets.
