{"id":161,"date":"2013-07-19T06:32:07","date_gmt":"2013-07-19T06:32:07","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=161"},"modified":"2013-07-19T06:32:07","modified_gmt":"2013-07-19T06:32:07","slug":"the-worlds-largest-banks-top-ten","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=161","title":{"rendered":"The World&#8217;s Largest Banks: Top Ten"},"content":{"rendered":"<p>One way to look at the size of an organisation, is to value the size of the business based on its market capitalisation (shareholder value) which is the number of shares in the company multiplied by the share price, this gives the overall market valuation.<\/p>\n<p>Another way to size the enterprise, is to base the valuation on the size of the balance sheet. Based on this methodology, here are the top 10 banks in the world based assets at the end of 2012:<\/p>\n<p>1. Industrial &amp; Commercial Bank of China (ICBC) \u00a31853 billion. [China]<br \/>\n2. HSBC Holdings \u00a31774 billion [<strong>United Kingdom<\/strong>]<br \/>\n3. Deutsche Bank \u00a31756 billion [Germany]<br \/>\n4. Cr\u00e9dit Agricole Group \u00a31753 billion [France]\u00a0<br \/>\n5. Mitsubishi UFJ Financial Group Japan \u00a31710 billion [Japan]<br \/>\n6. BNP Paribas \u00a31665 billion [France]<br \/>\n7. Credit Agricole \u00a31609 billion [France]<br \/>\n8. Barclays PLC \u00a31582 billion [<strong>United Kingdom<\/strong>]<br \/>\n9. JPMorgan Chase \u00a31555 billion [USA]\u00a0<br \/>\n10. Japan Post Bank \u00a31510 billion [Japan]<\/p>\n<p>When you added these numbers together:<br \/>\n\u2211(\u00a31,853bn + \u00a31,774bn + \u00a31,756bn + \u00a31,753bn + \u00a31,710 + \u00a31,665bn + \u00a31,609bn + \u00a31,582 + \u00a31,555bn + \u00a31,510bn)<\/p>\n<p>= <strong>\u00a316,767 billion<\/strong> = <strong>\u00a316.7 Trillion<\/strong>.<\/p>\n<p>The top 10 banks in the world hold <strong>\u00a316.7 Trillion<\/strong> worth of assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One way to look at the size of an organisation, is to value the size of the business based on its market capitalisation (shareholder value) which is the number of shares in the company multiplied by the share price, this gives the overall market valuation. Another way to size the enterprise, is to base the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-161","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=161"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/161\/revisions"}],"predecessor-version":[{"id":162,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/161\/revisions\/162"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}