The economy of china is the second biggest in the world. However, if we examine the list of the top 10 global banks by assets, china is by far the largest.
The top four banks on this list are from China. These four banks have about $23 trillion in combined assets. japan and britain each have one bank in the top 10, compared to two each for America and France. SBI and hdfc bank, two indian banks, are well down the list.
In terms of assets, which ten banks are the biggest in the world?
Here is the list of the 10 largest banks in the world by assets; the top 4 are from China.
With 6.7 trillion dollars in assets, China's Industrial and Commercial bank of china (ICBC) is ranked first on this list, according to Bloomberg. In terms of total assets, it is the biggest bank globally and the biggest of China's "big four" banks.
With $5.9 trillion in total assets, the Agricultural bank of china (ABC), commonly referred to as AgBank, is the second-largest bank globally and one of China's "big four" banks.
One of China's "big four" banks, the china Construction bank Corporation (CCB), is based in beijing and has $5.6 trillion in total assets, making it the third-largest bank globally.
One of China's "big four" banks is the bank of China. With $4.8 trillion in total assets, it ranks fourth on this list. Consequently, four Chinese banks rank among the top four global banks with total assets of approximately $23 trillion, surpassing China's GDP of $19.23 trillion.
These four Chinese banks have over $23 trillion in total assets, which is more than the $20 trillion GDP of China.
Which are the other countries?
In this list, America's JP Morgan Chase is at number five with assets of $4 trillion.
Bank of America ranks sixth with $3.3 trillion in assets.
HSBC, a british bank, ranks seventh with $3 trillion in assets.
Credit Agricole Group ($2.7 trillion) and BNP Paribas ($2.8 trillion) of france rank eighth and ninth, respectively.
With $2.6 trillion, Mitsubishi UFJ Financial Group of japan comes in at number ten.
Where does india rank?
Among the top 100 are hdfc bank ($494 billion) and sbi ($547 billion), the biggest public sector banks in India. With $547 billion in total assets, bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>state bank of india (SBI) is the biggest public sector bank in india, whereas hdfc bank has $494 billion. These two indian banks are among the top 100.
The top four banks on this list are from China. These four banks have about $23 trillion in combined assets. japan and britain each have one bank in the top 10, compared to two each for America and France. SBI and hdfc bank, two indian banks, are well down the list.
In terms of assets, which ten banks are the biggest in the world?
Here is the list of the 10 largest banks in the world by assets; the top 4 are from China.
With 6.7 trillion dollars in assets, China's Industrial and Commercial bank of china (ICBC) is ranked first on this list, according to Bloomberg. In terms of total assets, it is the biggest bank globally and the biggest of China's "big four" banks.
With $5.9 trillion in total assets, the Agricultural bank of china (ABC), commonly referred to as AgBank, is the second-largest bank globally and one of China's "big four" banks.
One of China's "big four" banks, the china Construction bank Corporation (CCB), is based in beijing and has $5.6 trillion in total assets, making it the third-largest bank globally.
One of China's "big four" banks is the bank of China. With $4.8 trillion in total assets, it ranks fourth on this list. Consequently, four Chinese banks rank among the top four global banks with total assets of approximately $23 trillion, surpassing China's GDP of $19.23 trillion.
These four Chinese banks have over $23 trillion in total assets, which is more than the $20 trillion GDP of China.
Which are the other countries?
In this list, America's JP Morgan Chase is at number five with assets of $4 trillion.
Bank of America ranks sixth with $3.3 trillion in assets.
HSBC, a british bank, ranks seventh with $3 trillion in assets.
Credit Agricole Group ($2.7 trillion) and BNP Paribas ($2.8 trillion) of france rank eighth and ninth, respectively.
With $2.6 trillion, Mitsubishi UFJ Financial Group of japan comes in at number ten.
Where does india rank?
Among the top 100 are hdfc bank ($494 billion) and sbi ($547 billion), the biggest public sector banks in India. With $547 billion in total assets, bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>state bank of india (SBI) is the biggest public sector bank in india, whereas hdfc bank has $494 billion. These two indian banks are among the top 100.
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