Which of the following banks is the world’s largest bank by assets?

Which of the following banks is the world’s largest bank by assets?
[A]Bank of America
[B]Industrial & Commercial Bank of China (ICBC)
[C]BNP Paribas
[D]Bank of China

Industrial & Commercial Bank of China (ICBC)
The Industrial & Commercial Bank of China (ICBC) is the world’s largest bank by assets. It is one of the China’s ‘Big Four’ state-owned commercial banks. It was founded in 1984. Its present assets worth US$3616 billion. By market capitalization, it is the second largest in the world. The other three China’s state-owned commercial banks are the Bank of China, Agricultural Bank of China, and China Construction Bank.

Advertisement

This question "Which of the following banks is the world’s largest bank by assets?" was published on GKToday on December 4, 2015 at 11:28 am. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

Comments