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Here are 10 Most Famous and Richest Banks in The World That you must look into it
01) Bank Of China (ASSETS -$ 4.804 TRILLION -CHINA ) :
This bank is founded in the year 1912. It is considered the oldest bank in china. It is one of the largest state owned banks in the world, it was established by the government in order to have a stronger grip on the national Financial market.
02) BNP Paribas (ASSETS- $ 3.36 TRILLION -FRANCE ) :
It is established in the year 2000. It is the biggest bank in France plus the biggest in Europe with over 200,000 employees. The French have been massive leader in the financial space. They also own big chunks of other European banks in countries like Belgium. The Netherlands, Luxembourg and more.
03) Barclays PLC (ASSETS – $ 2.15 TRILLION -UNITED KINGDOM ) :
This bank was founded in the year 1960. It is one of the leaders in the UK markets. The Barclays PLC banks is well known to be the sponsor of the English premier league to break the ice regarding the well known bank. We can say that the banks has activities in over 50 countries and satisfies the needs of 48 Million people.
04) JP Morgan Chase & Co. (ASSETS – $ 4.552 TRILLION -UNITED STATES ) :
This bank was founded in the year 2000. It is one of the largest banks in the world. JP Morgan Chase and Co. is the result id the merger of four banking conglomerate chase Manhattan bank acquired bank. One bear sterns and Washington mutual. They were also one of the important players in the 2008 financial crisis but we are not going to go deep into that one.
05) Industrial and Commercial Bank of China (ASSETS – $ 7.303 TRILLION- CHINA) :
This bank was founded in the year 1984. This richest bank in the world is another bank from China. This is officially the biggest bank in China and based on their assets also in the world the bank is a state owned commercial bank with over 18000 outlets and 106 overseas branches globally it employs close to half a Million people that’s more than the population of Malta Iceland.
06) Credit Agricola Group (ASSETS- $ 2.728 TRILLION -FRANCE) :
This bank was founded in the year 1885. It is one of the leading banking groups in France, its main focus is on rural areas with over 9000 location across 60 countries.
07) China Construction Bank Corporation (ASSETS – $ 6.202 TRILLION -CHINA ) :
This bank was founded in the year 1954. China construction bank corporation stands proudly as one of the biggest banks in China with over 13500 domestic branches, a few years ago our friends at Forbes ranked this particular banks as the second most powerful company in the world.
08) Agricultural Bank of China ( ASSETS- $ 6.540 TRILLION- CHINA ):
This bank was founded in the year 1979. This is one of the youngest banks in china established only 47 years ago. Focusing on agricultural loans which exploded to over 24,000 locations. Something you should know back in 2010. The bank got Hijacked and over $ 7.5 Million went missing in the province.
09) HSBC Holdings (ASSETS – $ 3.214 TRILLION -UNITED KINGDOM ) :
This bank was founded in the year 1991. HSBC holding known as one of the largest banks in the world was founded by the Hong Kong and Shanghai Banking corporation in 1991 in London as a holding company and very soon made its mark as the biggest British banks in the world with offices in 8 countries. They are actively expanding their empire by smart acquisition of smaller banks from all around the world.
10) Mitsubishi UFJ Financial Group (ASSETS – $ 2.679 TRILLION -JAPAN ):
This bank was founded in the year 2005. It is actually the biggest banking player in Japan back in 2005. Mitsubishi Tokyo Financial group merged with UFJ Holding and now they are dominating the market in that area.
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