Chinese banks continue to rise in prominence in the global Top 1000 ranking. In total, 126 Chinese banks feature in the global listings – seven more than last year. China is only second to the US, which features 165 lenders in the Top 1000.
Industrial and Commercial Bank of China (ICBC) is at the top of the global ranking for the fifth consecutive year. Its Tier 1 capital grew 2.5% year on year to reach $281.26bn in 2016.