(IDCBY) The world's largest bank in terms of total assets under management (AUM) is the Industrial and Commercial Bank Of China Ltd. This institution offers credit cards and loans, financing for businesses, and money management services for businesses and individuals with high net worth. Industrial and Commercial Bank of China. SBNRI Technologies Pvt Ltd India Accelerator UG Floor, MGF Metropolis Mall, Mehrauli-Gurgaon Rd, Gurugram, Haryana 122002. If you really don't know anything about banking and are curious to know which are the largest banks in the world, here is a list of the 10 largest banks in the world, determined and ranked in order of their assets Totals.
The tenth largest bank in the world is Crédit Agricole Group, a French-owned bank and one of the largest companies in France. It is the world's largest cooperative financial institution and, in 1990, it became a full-service international banking group. It serves approximately 10.73% of all U.S. bank deposits and is primarily concerned with commercial banking, wealth management and investment banking.
Founded in 1784 and headquartered in Charlotte City, North Carolina, Bank of America now serves customers around the world and from its 5,000 retail financial centers. Next on the list is BNP Parabis, which is a French international banking group. Its origins date back to 1848, when the bank is believed to have been founded for the first time. Headquartered in Paris, France, BNP Parabis employs more than 190,000 people and receives most of its annual revenues from customers' daily accounts.
Offering products to their clients in more than 100 countries, they are dedicated to asset management, investment services, wealth management and securities. It is currently headquartered in the city of Osaka and employs more than 106,000 people. It is one of the four largest state-owned commercial banks in China and was founded in 1912 by the Republican government, and is now considered the oldest bank in mainland China. It is headquartered in Beijing, China, and employs approximately 310,000 people, with offices in more than twenty countries.
Founded in 1951, Agbank has branches in Seoul, Tokyo, Singapore, Sydney, New York, London and many more in the world's largest cities. It has 320 million retail customers and 2.7 million corporate customers worldwide, who are served from one of its 24,000 branches. The third of the “Big Four” on our list, CCB, as it is also often abbreviated; it has approximately 13,629 domestic branches and has branches abroad in Frankfurt, Barcelona, Luxembourg, Hong Kong, New York, Seoul and several other major cities. The state bank was founded in 1984 as a limited liability company and has grown to become the world's largest public company due to its large number of assets.
It is headquartered in Beijing, China, and employs a whopping 460,000 people in branches in Asia, Europe, America and Oceania. The company, owned by the government, at 70%, ranked first in The Banker's overall ranking of the 1000 best global banks and first in Forbes Global 2000 of the world's largest public companies. We hope you enjoyed our list of the 10 largest banks in the world. The bank was established in 1984 and is one of the four largest state-owned commercial banks.
While some banks with larger credit firms, such as Bank of AmericaBAC and Wells Fargo-WFC, are likely to benefit from rising rates, others that rely more on business revenues may miss the opportunity. The next of China's “big four banks”, AGBank, as it is also known, is the third largest bank in the world and one of the ten largest companies on the planet. The bank offers investment banking, insurance and investment services, personal loans, credit cards, mortgages and asset and liability management. The bank has a high revenue potential, given the large number of customers it has and China's regulated bank deposit rates.
The Industrial and Commercial Bank of China ranks first in the list of global banks with assets worth $5.5 trillion. Headquartered in Xicheng District, Beijing, CCB employs more than 333,000 people and offers corporate banking and personal banking. The bank controls an important part of the French banking system and is known for its historical working links within the agricultural industry. .