|ABC||Bank of China||BoCom||CCB||China CITIC Bank||CMB|
- Agricultural Bank of China (ABC) – One of the largest banks in China with total assets of about $2.3 trillion as of March 2013. It specializes in providing services to agricultural, industrial, commercial, and transportation enterprises in rural areas. ABC serves over 320 million customers.
- Bank of China (BOC) – One of China’s four state-owned commercial banks. The Bank provides personal, business and corporate banking and financial markets services. As of March 31, 2013, it had total assets of over US$2.1 trillion.
- Bank of Communications (BoCom) was founded in 1908 and is one of the four oldest banks in China. The company has over 130 domestic branches and more than 2,600 operating locations across the country. Apart from Hong Kong, BoCom maintains overseas branches in New York, Tokyo, Singapore and representative offices in London and Frankfurt.
- China Construction Bank (CCB) – One of the big four banks in China. CCB operates over 13,600 domestic branches, and maintains overseas branches in Hong Kong, Singapore, Frankfurt, Johannesburg, Tokyo, Seoul, Sydney and Moscow. As of April 30, 2014, the market capitalization of CCB reached approximately US$160 billion.
- China CITIC Bank – A Chinese government owned bank headquartered in Beijing. It was founded in 1987 and operates as a subsidiary of China International Trust and Investment Corporation (CITIC). As of December 31, 2013, the Bank had total assets of CNY 3.641 trillion ($601.7 billion).
- China Development Bank (CDB) provides financing for national projects such as infrastructure, basic industries, energy and transportation. The Bank was established in 1994 and is headquartered in Beijing. As of December 2011, CDB had total assets of over RMB6 trillion (US$952 billion).
- China Everbright Bank – A nationwide joint-stock commercial bank with over 600 local branches and one representative office in Hong Kong. As of the end of 2010, the Bank had total assets of RMB1.48 trillion. The company was established in August 1992 and is based in Beijing.
- China Merchants Bank (CMB) – CMB is China’s first joint-stock commercial bank and the first bank to attend the national experiment for the promotion of China’s banking industry reform driven by endeavors from outside the government. CMB is also the first Chinese commercial bank that provides private banking services, earning it the title ‘Best Private Bank of China’. As of March 31, 2013, CMB assets amounted to RMB 3,513,426 million (US$565.3 billion).
- China Minsheng Banking Corporation (CMBC) – The first national joint-stock commercial bank with shares mainly from non-public enterprise. The company provides a wide range of personal and commercial banking products and services. CMBC has over 500 branches and banking outlets throughout the country as well as 1 representative office in Hong Kong. The Bank was established on January 12, 1996 and is based in Beijing.
- Industrial and Commercial Bank of China (ICBC) – The largest bank in the country by assets and is one of China's "Big Four" state-owned commercial banks. The Chinese government owns about 70% of ICBC. As of June 2011, ICBC had total assets of over US$2.3 trillion.
- HSBC Bank China – The largest foreign bank in terms of network in China with more than 145 outlets.
- Hua Xia Bank – A state-controlled publicly traded bank established in 1992. With over 10,000 employees, the Bank operates more than 320 branches across China.
- Postal Savings Bank of China (PSBC) – One of the largest commercial banks in the country. PSBC serves more than 400 million customers through a network of over 39,000 branches across China. PSBC is a 100% subsidiary of China Post Group.
Top Banks in China
|Rank||Name of bank||Total Assets, US$, b||Total Assets, RMB, m||Balance sheet|
|1||Industrial and Commercial Bank of China||3,126.0||18,917,752||31.12.2013|
|2||China Construction Bank||2,538.6||15,363,210||31.12.2013|
|3||Agricultural Bank of China||2,406.2||14,562,102||31.12.2013|
|4||Bank of China||2,292.6||13,874,299||31.12.2013|
|5||China Development Bank||1,322.1||8,001,000||31.12.2013|
|6||Bank of Communications||984.99||5,960,937||31.12.2013|
|7||Postal Savings Bank of China (PSBC)||812.21||4,915,338||31.12.2012|
|8||China Merchants Bank||663.67||4,016,399||31.12.2013|
|9||Shanghai Pudong Development Bank||608.10||3,680,125||31.12.2013|
|10||Industrial Bank Co Ltd||607.66||3,677,435||31.12.2013|
|11||China Citic Bank Corp||601.67||3,641,193||31.12.2013|
|12||China Minsheng Banking Corp||533.10||3,226,210||31.12.2013|
|13||China Everbright Bank||399.07||2,415,086||31.12.2013|
|14||Agricultural Development Bank of China||378.91||2,293,079||31.12.2012|
|15||Ping An Bank Co||312.59||1,891,741||31.12.2013|
* The exchange rate on December 31, 2013