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China’s march to the top continues

With 101 banks now in the Top 1000 ranking, Chinese banks are continuing their pursuit of the leading positions in the listing. This year's results also allay some fears about the soundness of the country's banking sector.
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The seemingly endless ascendancy of Chinese banks has been a perennial feature of the Top 1000 ranking in recent years. This year is no exception, and the country's financial institutions are making their presence felt all the way to the top. An unprecedented three Chinese banks made it into the Top 1000 ranking's top 10.

The statistics speak for themselves. This year, Chinese banks accounted for 101 spots in the Top 1000 World Banks ranking (up from 84 in 2010), and 15 of the top 25 highest movers. Bank of Suzhou, Bank of Jining and Chongqing Rural Commercial Bank taking second, third and fourth positions, respectively, in the highest movers table, though Agricultural Bank of China's rise is also notable, leaping 14 places to 14th globally following an initial public offering last year.

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