Top 5 Banks in the World and Their Net Worth in 2024
The banking industry plays a crucial role in the global economy, driving financial growth and stability. Among the thousands of banks operating worldwide, a few stand out for their sheer size, reach, and financial strength. Here, we explore the top five banks in the world in 2024 based on their net worth, and what makes them industry leaders. 1. Industrial and Commercial Bank of China (ICBC) Net Worth: Approximately $4.8 trillion Headquarters: Beijing, China Overview: The Industrial and Commercial Bank of China (ICBC) is the world's largest bank by total assets. It has consistently held this position for several years, reflecting China's economic power and the bank's dominant role in it. ICBC offers a comprehensive range of financial products and services, including corporate banking, personal banking, and investment banking. Its massive scale and influence are evident in its vast customer base and global presence, with branches and subsidiaries in over 40 count...