Top 10 Best Banks of 2012
Here is the top 10 best banks of 2012 ranked on total assets in US$. Our World and Country Bank Rankings are based on the total assets of a bank calculated from year end figures gained from submitted balance sheets. These World and Country Rankings offer an excellent indicator of how financial institutions are performing in the industry.
10. JPMorgan Chase Bank National Association , New York , USA
JPMorgan Chase & Co. (NYSE: JPM) is an American multinational banking corporation of securities, investments and retail. This best banks is a major provider of financial services, with assets of $2 trillion and according to Forbes magazine is the world’s largest public company based on a composite ranking.
9. China Construction Bank Corporation , Beijing ,China
China Construction Bank is one of the ‘big four’ banks in the People’s Republic of China. The bank has approximately 13,629 domestic branches. In addition, it maintains overseas branches in Frankfurt, Hong Kong, Johannesburg, New York, Seoul, Singapore, Tokyo, andSydney, and a wholly owned subsidiary in London. Its total assets reached 8.7 trillion RMB in 2009.
8. The Bank of Tokyo-Mitsubishi UFJ Ltd , Tokyo ,Japan
The Bank of Tokyo-Mitsubishi UFJ, Ltd. is the largest bank in Japan, which was established on January 1, 2006, with the merger of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd. The bank serves as the core retail and commercial banking arm of the Mitsubishi UFJ Financial Group. As at 31 October 2010 BTMU was ranked by Bloomberg as the largest bank in Japan and the eighth best banks in the world.
7. The Royal Bank of Scotland plc , Edinburgh , UK
The Royal Bank of Scotland plc is one of the retail banking subsidiaries of the The Royal Bank of Scotland Group plc, and together with NatWest and Ulster Bank, provides branch banking facilities throughout the British Isles. The Royal Bank of Scotland has around 700 branches, mainly in Scotland though there are branches in many larger towns and cities throughout England and Wales.
6. Industrial & Commercial Bank of China Limited ,Beijing , China
Industrial and Commercial Bank of China Ltd. (ICBC) is the best banks in the world by profit and market capitalization. It is one China’s ‘Big Four’ state-owned commercial banks. It was founded as a limited company on January 1, 1984. As of March 2010, it had assets of RMB 12.55 trillion (US$1.9 trillion), with over 18,000 outlets including 106 overseas branches and agents globally.
5. Crédit Agricole SA , Paris , France
Crédit Agricole S.A. (CASA) is the largest retail banking group in France, second largest in Europe and the eighth largest in the world by Tier 1 capitalaccording to The Banker magazine. It is also part of the CAC 40 stock market index. It was the title sponsor of the Crédit Agricole professional road cycling team from 1997 to 2008.
4. JAPAN POST BANK Co Ltd , Tokyo , Japan
Japan Post Bank Company Limited is a Japanese bank headquartered in Tokyo which is part of the Japan Post Holdings postal and financial services group. As of November 2008 it was reported as being the world’s biggest deposit holder.
3. Barclays Bank PLC , London , UK
Barclays PLC is a British multinational banking and financial services company headquartered in London, United Kingdom. As of 2010 it was the world’s 10th-largest banking and financial services group and 21st-largest company according to a composite measure by Forbes magazine. It has operations in over 50 countries and territories across Africa, Asia, Europe, North America and South America and around 48 million customers.
2. Deutsche Bank AG , Frankfurt am Main ,Germany
Deutsche Bank AG is a global banking and financial services company with its headquarters in theDeutsche Bank Twin Towers in Frankfurt, Hesse, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia-Pacific and the emerging markets. In 2009, Deutsche Bank was the largest foreign exchange dealer in the world with a market share of 21 percent.
1. BNP Paribas SA , Paris , France
BNP Paribas was ranked by Bloomberg and Forbes as the largest bank and largest company in the world by assets with over $3.1 trillion. It was formed through the merger of Banque Nationale de Paris (BNP) and Paribas in 2000. In April 2009, BNP Paribas purchased a 75 percent stake in Fortis Bank, the Belgian banking business, making BNP the eurozone’s largest bank by deposits held. It’s the best banks of 2012.