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DatabankFebruary 6 2015

Beijing leading IFC by banking assets

Beijing tops The Banker's top five international financial centres by banking assets ranking by some margin. 
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Top IFCs by banking assets

Beijing is the largest international financial centre (IFC) by banking assets, according to data from The Banker Database. With assets totaling $13,283bn, the Chinese city is home to almost double the amount of bank capital as second placed Tokyo, which has $7962bn.

The largest IFC outside of Asia is London, which has $6996bn in bank assets. It is closely followed by the French capital, Paris, which has some $6644bn. Rounding off the list is New York. The US city is home to $6608bn in banking assets. 

For more on international finance centres, including the full top 20 IFCs by banking assets ranking, see Silvia Pavoni's feature, Emerging Asia tops global IFCs.

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