The Banker Top 1000 World Banks

The Banker’s Magazine has released the list of "Top 1000 World Banks" for 2016, where Industrial and Commercial Bank of China (ICBC) took the top spot for the fourth consecutive year with tier-one capital of USD 274.432 billion. ICBC also defended the top position with total assets of USD 3,422.154 billion.

China Construction Bank (CCB) was ranked No. 2 among the "Top 1000 World Banks". In recent years, CCB has been accelerating efforts towards international development. With its overseas presence and business expanding, CCB is able to offer comprehensive products through ever-growing service channels, which further strengthens its ability to compete in the international market.

US banks also did well in the ranking with JP Morgan placing 3rd in the Top 1000 World Banks by Tier 1 2016 ranking.