Global and Asia-Pacific: ICBC
According to The Banker’s Top 1000 World Banks ranking, published every July, Industrial and Commercial Bank of China (ICBC) is the world’s number one bank in terms of assets, profits and Tier 1 capital. The bank achieved a net profit of Rmb262.97bn ($42.96bn) in 2013, a year-on-year increase of 10.2%. This unparalleled growth has also been matched with continuous diversification, innovation and expansion, domestically as well as abroad.