Top 7 Largest Banks In 2019 In The World
Banking institutions are basically the reflection of any nations economy and financial set up as they provide borrowing and saving and other important facilities to the general public and corporate entities. So we have brought you the top 7 best largest banks in the world in 2019 that have the largest assets. Now not taking too much time of you let us have them all on your radar one by one.
Industrial And Commercial Bank Of China
Industrial And Commercial Bank Of China
Its total asset is 4009 billion dollars and market capitalization is 312 billion dollars that currently makes it at number one in the list of the largest banks in the world in 2019. It is the first Chinese bank that got the number one position in the world. According to its animal report, it got an operating profit of 53 billion dollars and a net profit of 41 billion dollars in 2016. This is the first of the largest banks in the world by revenue and assets
China Construction Bank Corporation
China Construction Bank Corporation
It is the second largest bank in the world with a total asset of 3400 billion dollars,238 billion dollars market capitalization. It has 13600 domestic branches and more than a dozen international ones. It is headquartered in Beijing. It offers services like credit card and personal loans to the general public and also the investment banking solutions to big corporations. This is the 2nd of the largest banks in the world by revenue and assets
Agricultural Bank Of China
Agricultural Bank Of China
It is the third largest bank in the world with the total assets of 3285 bln dollars and a market capitalization of 182.3 billion dollars. It basically has 24000 branches all over the country, over 320 million general customers and 2.7 million instructional clients. It is basically enrolled in management and private equity businesses. This is the 3rd of the largest banks in the world by revenue and assets
Bank Of China
Bank Of China
It is the Fourth largest bank in the world with total assets of 2991 billion dollars and 185 billion dollars market capitalization. Currently, it is the second largest lender in China. It is headquartered in Beijing and has two subsidiaries one in Canada and other in Hong Kong and is active in 27 other nations throughout the world. It is basically engaged in the insurance business and provides credit card services along with assets and wealth management solutions. This is the 4th of the largest banks in the world by revenue and assets
Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group, largest banks in the world
It is the fifth largest bank in the world with total assets of 2784 billion dollars and a market capitalization of 78.4 billion dollars apart from retail banking services it also provides investment management retail management and many more similar services. This is the 5th of the largest banks in the world by revenue and assets
JPMorgan Chase
JPMorgan, the largest banks in the world
It is at number 6 in the list of the top 7 largest banks in the world in 2019. Its total assets are 2533 billion dollars and 374.1 billion dollars market capitalization. It is currently the largest bank corporation in the United States it basically provides retail banking credit card services as well under the brand name of chase.and the services like assets management private wealth management and security services are carried under the brand name of Morgan. Revenue of 99.62 billion dollars was reported in 2017 and the net income of 24.45 billion dollars. This is the 6th of the largest banks in the world by revenue and assets
HSBC
HSBC, largest banks in the world
It is the 7th largest bank in the world its asset is 2521billion dollars and market capitalization is 187 billion dollars. It was established in 1885 and was reconstructed into its current form in 1991. In 2017 it was reported that this bank’s total revenue is 51.4 billion dollars that is a 7% increase from US 40 billion a year before. This is the 7th of the largest banks in the world by revenue and assets
