Global Banking Directory
Press Release Distribution Service
Add Bank | Banking Forum | Scam emails!
Earn up to 18% annually on cryptocurrency deposits!
BanksDaily Twitter BanksDaily FaceBook BanksDaily LinkedIn

TOP Banks :: China :: Total Assets

TOP 10 Banks in the People's Republic of China ranked by total assets.

Industrial and Commercial Bank of China (ICBC) is the largest bank in the People's Republic of China in terms of total assets (2014). The "big four" state-owned commercial banks are the Industrial and Commercial Bank of China, the China Construction Bank, the Agricultural Bank of China and the Bank of China.


Rank Company Total assets, billion
USD RMB Balance sheet date
1 Industrial and Commercial Bank of China (ICBC) 3,283 20,151 30.09.2014
2 China Construction Bank (CCB) 2,726 16,736 30.09.2014
3 Agricultural Bank of China (ABC) 2,600 15,959 30.09.2014
4 Bank of China (BOC) 2,513 15,428 30.09.2014
5 China Development Bank (CDB) 1,353 8,188 31.12.2013
6 Bank of Communications (BoCom) 1,024 6,284 30.06.2014
7 Postal Savings Bank of China (PSBC) 920.7 5,574 31.12.2013
8 China Merchants Bank (CMB) 770.6 4,730 30.09.2014
9 Shanghai Pudong Development Bank (SPDB) 657.6 4,037 30.09.2014
10 Industrial Bank Co. 607.4 3,677 31.12.2013
Source: Financial Statements of Banks.

Exchange Rates:
December 31, 2013: 1 USD = 6.0539 Chinese yuan
June 30, 2014: 1 USD = 6.2038 Chinese yuan
September 30, 2014: 1 USD = 6.1385 Chinese yuan

Financial and Banking News
 How Women Can Impact the Middle Eastern Financial Industry: Layal Haykal Success Story

We’re in the 21st century and women are still mistreated in some parts of the world. Their rights are violated. They don’t have the opportunity to work on equal terms with men. They’re being kidnapped and sold no matter their age. This phenomenon is highly prevalent in the Middle East. The world is evolving from globalization to technological innovations while women there are still repressed and exploited. The same image women had several decades ago hasn’t changed heavily in our present times.

 Citigroup to exit 13 global consumer banking markets, including India and China

Citigroup announced April 15 it will exit 13 international consumer banking markets, shifting its focus to wealth management and away from retail banking in places where it is small.

 In-person GISEC 2021 to spark industry collaboration against cybercrime spike

GISEC, the most influential cybersecurity event in the Middle East and Africa, will provide an in-person meeting point for the cybersecurity ecosystem from 31st May-2nd June at Dubai World Trade Centre (DWTC). 13.04.2021 | Source: Dubai World Trade Centre

 Federally chartered banks can facilitate stablecoin payments, issue their own

The Office of the Comptroller of the Currency (OCC) today published a letter clarifying national banks’ and federal savings associations’ authority to participate in independent node verification networks (INVN) and use stablecoins to conduct payment activities and other bank-permissible functions. 04.01.2021 | Source: Office of the Comptroller of the Currency

 Visa and BlockFi to launch Bitcoin rewards credit card

Visa Inc. is partnering with cryptocurrency startup BlockFi to offer a credit card that rewards purchases with Bitcoin rather than airline miles or cash. 02.12.2020 | Source: Bloomberg

 📰 News Archive

2007-2021 © BanksDaily.com Banking and Finance