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BCA retains its position as the world’s strongest bank for two consecutive years

20 March 2025
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Latest Brand Finance data reveals Indonesia’s top three brands largely fuel the 31% total year-on-year brand value surge

  • BRI jumps 11 spots to 53rd, holding strong with an AAA brand strength rating
  • Bank Mandiri’s brand value is up 52%, driven by strategic wholesale lending
  • UK’s Revolut is the fastest-growing banking brand globally, with a 795% increase in brand value to $1.9 billion

JAKARTA, 20 March 2025 –In a show of strength, BCA (brand value up 42% to USD4.4 billion) retains its position as the world’s strongest banking brand with a Brand Strength Index (BSI) score of 97.1/100, according to the latest Banking 500 2025 journal by Brand Finance, the world’s leading brand valuation consultancy.   

BCA's growth was fuelled by strong customer satisfaction and impactful marketing, further reinforcing its brand perception. The brand also upheld its prestigious AAA+ brand strength rating.

BRI (brand value up 36% to USD7.3 billion) climbed 11 places to rank 53rd among the world’s top 500 banks. This strong showing was driven by a solid financial performance, in part due to its extensive lending base for small and medium-sized enterprises supporting the bank’s asset growth. Despite a slight dip in its BSI score to 84.9/100, the brand has retained its AAA brand strength rating.

Bank Mandiri’s impressive 16-place rise to 68th in the global rankings reflects its strong strategic positioning. By prioritising wholesale sector lending and investing in digital transformation, the bank has effectively strengthened its market presence. Its continued support for micro, small, and medium-sized enterprises (MSMEs) further reinforcing its role as a key player in Indonesia’s financial ecosystem. Retaining its AAA brand strength rating also highlights the bank’s ability to sustain trust and credibility while expanding its reach.

Alex Haigh, Managing Director Asia Pacific, Brand Finance, commented:

"BCA’s continued reign as the world’s strongest banking brand reflects its exceptional customer loyalty and strategic brand positioning. Meanwhile, BRI and Bank Mandiri’s impressive rise in the rankings underscores the strength of Indonesia’s banking sector, which has seen a 31% year-on-year increase in collective brand value this year. Their strategic focus on SME financing, digital transformation, and wholesale lending not only strengthens their market positions but also reinforces their role in driving economic growth in the region."

Meanwhile, other notable Indonesian banking brands featured in the Banking 500 2025 are:

  • BNI (brand value up 4% to USD1.9 billion)
  • Bank Syariah Indonesia (brand value up 2% to USD623 million)
  • Bank Danamon (brand value up 10% to USD320 million)
  • Bank BTN (brand value down 11% to USD259 million)

Banking Industry Global Insights 

The total brand value of the world’s 500 most valuable banking brands has surged by 13% year-on-year to reach USD1.6 trillion, marking the first double-digit increase in four years. This follows two years of sluggish 2% brand value growth and reflects the banking sector's ability to sustain momentum despite market volatility.

Chinese banking brands continue to dominate the ranking, with ICBC (Industrial and Commercial Bank of China) retaining its position as the most valuable banking brand in the world for the ninth consecutive year, growing 10% to USD79.1 billion.

UK neobank Revolut is the fastest-growing banking brand globally, with a 795% increase in brand value to USD1.9 billion, driven by strong revenue growth, customer expansion, and significant marketing investment.

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Media Contacts

Gayathri Saravana Kumar
Marketing Director - Asia Pacific
Brand Finance

About Brand Finance

Brand Finance is the world’s leading brand valuation consultancy. Bridging the gap between marketing and finance, Brand Finance evaluates the strength of brands and quantifies their financial value to help organisations make strategic decisions.

Headquartered in London, Brand Finance operates in over 25 countries. Every year, Brand Finance conducts more than 6,000 brand valuations, supported by original market research, and publishes over 100 reports which rank brands across all sectors and countries.

Brand Finance also operates the Global Brand Equity Monitor, conducting original market research annually on 6,000 brands, surveying more than 175,000 respondents across 41 countries and 31 industry sectors. By combining perceptual data from the Global Brand Equity Monitor with data from its valuation database — the largest brand value database in the world — Brand Finance equips ambitious brand leaders with the data, analytics, and the strategic guidance they need to enhance brand and business value.

In addition to calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance, compliant with ISO 20671.

Brand Finance is a regulated accountancy firm and a committed leader in the standardisation of the brand valuation industry. Brand Finance was the first to be certified by independent auditors as compliant with both ISO 10668 and ISO 20671 and has received the official endorsement of the Marketing Accountability Standards Board (MASB) in the United States.

Definition of Brand

Brand is defined as a marketing-related intangible asset including, but not limited to, names, terms, signs, symbols, logos, and designs, intended to identify goods, services, or entities, creating distinctive images and associations in the minds of stakeholders, thereby generating economic benefits.

Brand Strength

Brand strength is the efficacy of a brand’s performance on intangible measures relative to its competitors. Brand Finance evaluates brand strength in a process compliant with ISO 20671, looking at Marketing Investment, Stakeholder Equity, and the impact of those on Business Performance. The data used is derived from Brand Finance’s proprietary market research programme and from publicly available sources.

Each brand is assigned a Brand Strength Index (BSI) score out of 100, which feeds into the brand value calculation. Based on the score, each brand is assigned a corresponding Brand Rating up to AAA+ in a format similar to a credit rating.

Brand Valuation Approach

Brand Finance calculates the values of brands in its rankings using the Royalty Relief approach – a brand valuation method compliant with the industry standards set in ISO 10668. It involves estimating the likely future revenues that are attributable to a brand by calculating a royalty rate that would be charged for its use, to arrive at a ‘brand value’ understood as a net economic benefit that a brand owner would achieve by licensing the brand in the open market.

The steps in this process are as follows:

1 Calculate brand strength using a balanced scorecard of metrics assessing Marketing Investment, Stakeholder Equity, and Business Performance. Brand strength is expressed as a Brand Strength Index (BSI) score on a scale of 0 to 100.

2 Determine royalty range for each industry, reflecting the importance of brand to purchasing decisions. In luxury, the maximum percentage is high, while in extractive industry, where goods are often commoditised, it is lower. This is done by reviewing comparable licensing agreements sourced from Brand Finance’s extensive database.

3 Calculate royalty rate. The BSI score is applied to the royalty range to arrive at a royalty rate. For example, if the royalty range in a sector is 0-5% and a brand has a BSI score of 80 out of 100, then an appropriate royalty rate for the use of this brand in the given sector will be 4%.

4 Determine brand-specific revenues by estimating a proportion of parent company revenues attributable to a brand.

5 Determine forecast revenues using a function of historic revenues, equity analyst forecasts, and economic growth rates.

6 Apply the royalty rate to the forecast revenues to derive brand revenues.

7 Discount post-tax brand revenues to a net present value which equals the brand value.

Disclaimer

Brand Finance has produced this study with an independent and unbiased analysis. The values derived and opinions presented in this study are based on publicly available information and certain assumptions that Brand Finance used where such data was deficient or unclear. Brand Finance accepts no responsibility and will not be liable in the event that the publicly available information relied upon is subsequently found to be inaccurate. The opinions and financial analysis expressed in the study are not to be construed as providing investment or business advice. Brand Finance does not intend the study to be relied upon for any reason and excludes all liability to any body, government, or organisation.

The data presented in this study form part of Brand Finance's proprietary database, are provided for the benefit of the media, and are not to be used in part or in full for any commercial or technical purpose without written permission from Brand Finance.

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