[ad_1]
Chinese banks install in the top four places on the list of the world's largest banks, prepared for The Banker magazine of the Financial Times
Chinese banks are listed each year among the "Top 1000 Banks" "
The largest bank in the world was China Industrial and Commercial Tier 1 Bank (ICBC) while the second largest company was China Construction Bank with $ 272 billion of capital.
The Bank of China ranked third with $ 224 billion. Bank of China ranks fourth with $ 218 billion
Bank of America ranks fifth with $ 209 billion in assets and JP Morgan Chase in sixth place with $ 191 billion in capital.
Wells Fargo invested $ 178 billion and Citigroup ranks eighth with $ 165 billion in capital. Mitsubishi UFJ Bank of Japan ranks ninth with $ 153 billion of capital. HSBC's UK bank, HSBC, was the tenth with a capital of 151 billion
According to Banker, European banks began to recover while European banks increased their share of global bank profitability from 20 to 13% . 19659002] It is noted that for the first time this year, the four largest banks in the world are Chinese banks, the industrial and commercial bank of China, which is the largest bank in the world with a capital of 324 billion dollars.
The Banker's editor, Brian Caplen, evaluated the rankings of the journal:
"Distressed we finally see an improvement in European banks at the end of a training session, with losses lower in Greece and Portugal, the Netherlands, Spain and the United Kingdom Increased lending in terms of capital and profitability The distance between Chinese banks and US banks is opening up In India, it is a horrible year for banks because the central bank of India wanted the banks to make up their balance. "
AA
[ad_2]
Source link
