China’s 10 Most Profitable Banks

We reviewed China’s largest banks by 2008 assets on November 9th.Today lets take a look at some of the most profitable banks. China’s 10 Most Profitable Banks based on Net Income in 2008: [TABLE=227] Source: BankScope Industrial & Commercial Bank of China (ICBC) is the most profitable bank in China based on Net Income in …

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The Top Ten Chinese Banks by Assets

The Chinese banking sector showed strong growth last year despite the global economic downturn. Interest rate cuts, reduced reserve requirements and the massive $585 B infrastructure focused program helped Chinese banks achieve high growth. It will be interesting to see if Chinese banks are able repeat this performance in 2010. The Top 10 Chinese Banks …

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European and American Banks with Assets in Trillions

The credit crisis followed by the recession triggered many bank failures and forced mergers worldwide. As a result of these mergers some of the banks which were already larger became larger in size creating the so-called “superbanks” especially in the U.S. These banking giants hold assets in excess of Trillions of Euros or US Dollars. …

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