Best commercial bank in the world
The largest bank is determined by the number of assets and a description of each. Here are some world’s largest commercial banking.
ICBC(Industrial and commercial bank of China)
This bank is established in 1984. The headquarters of this bank is located in Beijing, China.
There are around 460,000 employees working in this bank.
Commercial bank of China is grown as per the largest bank based on the assets.
This bank offers,
- Loans in manufacturing
- Power and retail
This bank is reports a 3.3% rise in profit for 3rd quarter bank.
China construction bank corporation
This is the second-largest bank in the world. The headquarters of this bank is located in Beijing, China.
This bank currently holds $3.02 trillion in assets.
Also read: Banking Regulations in US
This bank is founded in 1951. The headquarters of this bank is located in Beijing, China.
There are approximately 444,000 employees in this sector
Mitsubishi UFJ financial group
This bank is founded in 2005. The headquarters of this bank is located in Tokyo,Japan.
There are approximately 106,000 employees in this organisation
This bank offers variety of financial and investment services including commercial banking, trust, international finance and assets management services.
Check out Internet Banking vs Traditional Banking
HSBC Holdings PLC
HSBC bank are founded in 1865. The headquarters of this bank is located in London, UK
There are approximately 235,000 employees in this organisation
This bank offers,
- Personal financial services
- Private banking
- Retail banking
- Commercial banking
- Global banking
- Market segments
BNP Paribas is founded in 1848. The headquarters of this bank is located in Paris, France
There are approximately 190,000 employees working here.
The aim of this bank is core profitability comes from retail banking.
Bank of America
This bank is the world’s largest wealth manager. The headquarters of this bank is located in Charlotte, North Carolina
This bank is founded in 1852. The headquarters of this bank is located in San Francisco, California.
If you were someone who reading this post then you may be from anywhere from any corner of the world, and also definitely you might have heard or known about the Citi Bank because this is one of the well-organised bank spread all over the world have lots of branches.
If you want to say in exact numbers then the bank is actually available in nearly 19 countries with having braches nearly up to 2900 which is one of the largest numbers of branches a single bank is having.
Being an Indian bank you guys may wonder how this bank comes under this list, being found out in the year of 1955 this bank is one of the largest banks in India and also have many branches all over the world.
Being founded out in England as early as in the year of 15th century this bank is known as one of the biggest historical banks right now.