business






 

Question by  salina (943)

What is the largest bank in the world?

Where is it located?

 
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Answer by  fesdre (655)

I think it is the Industrial and commercial bank of China according to skorcareer. com. It is located in China. The Largest bank in the United States currently to my knowledge is Bank of America.

 
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Answer by  suriya (23)

The world largest bank in china the name of the bank is industrial and commerical bank Beijing China. Investments and Money, Exchange Accounts are Done Here. preference in the emerging China market. ICBC offers a wide personal and corporate banking services which include loan, deposit, credit card, underwriting, trading and currency settlement.

 
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Answer by  sonicfoundation (2597)

The largest bank in the world is located in China. It is the ICBC (Industrial and Commercial Bank of China). The ICBC deposits now total in excess of the equivalent of US$1. 43 trillion. Most banks increase in size because of mergers and acquisitions, but ICBC has increased in size primarily by focusing on serving the Chinese market.

 
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Answer by  mammakat (11147)

As of 2008, for industry and commerce this would be Bank of China- ironic, considering China is meant to be communist... 2nd is Bank of America, corporate center Charlotte NC. Realize however, that most of these financial institutions are interconnected at deep financial levels. Impossible to say who owns what.

 
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Answer by  emp (263)

ICBC Bank in China. It has over 165. 0 billion in market capital. All three of the largest banks are located in China.

 
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