Unprecedentedly, ICBC, China Construction Bank, Bank of China and Agricultural Bank of China are all in the top five banks by Tier 1 capital worldwide. But the good news does not end there for Chinese banks, with many putting in a strong performance further down the ranking.
Top 1000 World Banks 2016 - Asia
Top 1000 World Banks – China and US stay ahead in highest movers list
June 29, 2016As was the case in the 2015 ranking, China and the US are producing the fastest growing banks in the world, with the US's LegacyTexas Group leading the way in first, ahead of Taiwan's KGI Bank and China's Bank of Tangshan.
Top 1000 World Banks 2016
June 29, 2016The 2016 Top 1000 results are indicative of the challenging environment banks found themselves operating in during 2015. Even the Chinese banking industry’s meteoric growth shows signs of slowing down for the first time in a decade.
Top 1000 World Banks – Chinese efficiency heads cost-to-income ratio ranking
June 29, 2016The top 10 most efficient banks in the 2016 ranking are all from China, although Australia also made some impressive gains.