Baku – APA-Economics. Germany’s Handelsblatt economic edition has determined the list of world’s banks on capitalization.
Chinese banks lead the list. Thus, the largest bank of the world is ICBC bank. Its capitalization is € 174.59 bln.
The list of largest 10 bank includes China Construction Bank (capitalization - € 168.76 bln), Britain’s HSBC (€ 138.230 bln), US Wells Fargo (€ 123.15 bln), JP Morgan Chase (€ 122.01 bln), Bank of China (€ 106.57 bln), US Citigroup (€ 104.82 bln), Agricultural Bank of China (€ 101.05), Bank of America (€ 99.65 bln) and Brazilian Itau Unibanco (€ 70.56 bln).
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Finance
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