The Top Ten Banks of China 2007
In July of this year, The Banker magazine published the Top 10 Banks of China as shown in the table below. This ranking is based on Tier1 capital.
The Top 10 Banks of China for 2007 are:
| Bank Name | Rank | Tier1 ($M) as of Dec 31,2007 |
|---|---|---|
| ICBC | 1 | 66,271 |
| Bank of China | 2 | 56,210 |
| China Construction Bank Corporation | 3 | 52,899 |
| Bank of Communications | 4 | 16,451 |
| Agricultural Bank of China | 5 | 12,133 |
| China CITIC Bank | 6 | 11,217 |
| China Merchants Bank | 7 | 8,722 |
| China Minsheng Banking Corp. | 8 | 5,850 |
| Industrial Bank | 9 | 5,069 |
| Shanghai Pudong Development Bank | 10 | 3,781 |
Source: The Banker
ICBC bank ranks the number one bank in China. In 2007, China CITIC bank moved to 6th spot from 8th spot the previous due to the increase in its Tier1 capital.
Related Posts:
** New October-2008: For “The Top Ten Banks of China 2007” click here.
For “The World’s 20 Biggest Banks 2008” click here
For “The Top 10 Banks in the World 2008” click here.
For “The World’s Best Banks 2007” click here.
For “The Top 5 British Banks” click here.
For “The Top 10 German Banks” list, click here.
For “The Top Banks of Canada” click here.
For “The Top 5 Banks of Australia” list, click here.
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