Two Chinese Banks out of Top 50 Global Banks Ranked as Top Banks of 2014

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As per research report of Bankers Database, two Chinese banks stood as the top banks out of 50 top global banks while the next 2 banks in the rankings belong to United States for the year 2014. ICBC and China Construction Bank of China are marked as the top global banks with JP Morgan Chase & Co. and Bank of America as next two. 5th top bank ranking is held by HSBC Holdings. These ranking are based on the financial data of the banking companies for the Year 2013.

ICBC of China held its rank for the top global bank for the second consecutive year while the China Construction Banks replaced the JP Morgan Chase & Co. which had second top global bank in the previous year. China Construction Banks jumped from the 5th position to the second.

The list of 50 top banks for the year 2014 is given below:

Rank Prev Rank Bank Name Country
1 1 ICBC China
2 5 China Construction Bank China
3 2 JP Morgan Chase & Co US
4 3 Bank of America US
5 4 HSBC Holdings UK
6 6 Citigroup US
7 9 Bank of China China
8 8 Wells Fargo & Co US
9 10 Agricultural Bank of China China
10 7 Mitsubishi UFJ Financial Group Japan
11 11 BNP Paribas France
12 15 Barclays UK
13 13 Credit Agricole France
14 14 Banco Santander Spain
15 12 RBS UK
16 19 Goldman Sachs US
17 16 Sumitomo Mitsui Financial Group Japan
18 20 Deutsche Bank Germany
19 23 Bank of Communications China
20 22 Groupe BPCE France
21 17 Mizuho Financial Group Japan
22 18 Lloyds Banking Group UK
23 24 Morgan Stanley US
24 21 UniCredit Italy
25 28 Societe Generale France
26 31 BBVA Spain
27 26 ING Bank Netherlands
28 30 Credit Suisse Group Switzerland
29 27 Rabobank Group Netherlands
30 32 UBS Switzerland
31 29 Intesa Sanpaolo Italy
32 25 Norinchukin Bank Japan
33 34 Sberbank Russia
34 33 Standard Chartered UK
35 35 Credit Mutuel France
36 50 China Merchants Bank China
37 47 China Citic Bank China
38 39 Itau Unibanco Holding Brazil
39 36 Banco do Brasil Brazil
40 41 Royal Bank of Canada Canada
41 37 Commerzbank Germany
42 45 Commonwealth Bank Group Australia
43 38 National Australia Bank Australia
44 Shanghai Pudong Development Bank China
45 48 PNC Financial Services Group US
46 46 US Bancorp US
47 China Minsheng Bank China
48 44 Nordea Group Sweden
49 Industrial Bank China
50 40 ANZ Banking Group Australia

Source: Bankers Database


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