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Forbes magazine has published its annual ranking of the world's largest companies, Forbes Global 2000.
Chinese banks are the largest corporations in the world. A trio of Chinese financial institutions, namely Industrial and Commercial Bank of China, China Construction Bank and Agricultural Bank of China, became the largest companies in the world at the end of 2015, topping the annual Forbes Global 2000 ranking.
Despite the top positions in the ranking of Chinese banks, China's GDP over the past year has slowed down to 6.9%, which is the lowest in the last 25 years. In connection with the forecast of the country's GDP growth rate at the level of 6.5-7% in 2016, the banking market may begin to consolidate, experts say.
American banks are treading on the heels of Chinese creditors. The fourth place in the ranking was taken by JPMorgan Chase, having moved another Chinese bank, Bank of China, from this place. Wells Fargo, Bank of America and Citigroup also performed some of the best in the industry.
The biggest jump in the ranking was made by the French bank BNP Paribas, moving up 344 positions in the overall ranking and taking 24th place. The reason for this was the stabilization of profits against the background of a fine of $ 8.9 billion paid a year earlier. Australian and Brazilian banks have become the largest outsiders on the back of falling commodity prices. Brazilian bank Itau Unibanco lost 21 positions to rank 63, while Westpac Banking Corporation and Commonwealth Bank of Australia lost 11 and 12 positions, respectively.
Among the 25 largest banks in the world, Chinese banks have the most positions - nine. The USA follows with four places. Canada, Japan and Australia each have two banks in the ranking. One each for European countries: Great Britain, Spain, Switzerland, France and the Netherlands.
Germany, despite being the top country in Europe, did not make it to the top 25 of the Forbes Global 2000 list this year with its banks. Commerzbank ranked 62nd among banks and 333rd in the overall ranking. And Deutsche Bank, after a not very successful year, became the 76th among all banks and dropped from 114 to 448 positions in the overall rating of companies.
Forbes 2000 is a Forbes list of the 2000 largest public companies in the world. Companies are evaluated according to four indicators - revenue, net profit, assets (according to reports for the last 12 months) and market capitalization of companies. The arithmetic mean of those employed in the four lists of places is chosen as an integral indicator, according to which the companies are located in the final ranking.
A complete list of the top 25 largest banks in the world
![banks-260516 banks-260516](https://psm7.com/wp-content/uploads/2016/05/banks-260516.jpg)
Chinese banks are the largest corporations in the world. A trio of Chinese financial institutions, namely Industrial and Commercial Bank of China, China Construction Bank and Agricultural Bank of China, became the largest companies in the world at the end of 2015, topping the annual Forbes Global 2000 ranking.
Despite the top positions in the ranking of Chinese banks, China's GDP over the past year has slowed down to 6.9%, which is the lowest in the last 25 years. In connection with the forecast of the country's GDP growth rate at the level of 6.5-7% in 2016, the banking market may begin to consolidate, experts say.
![icbc icbc](https://psm7.com/wp-content/uploads/2016/05/icbc.jpg)
American banks are treading on the heels of Chinese creditors. The fourth place in the ranking was taken by JPMorgan Chase, having moved another Chinese bank, Bank of China, from this place. Wells Fargo, Bank of America and Citigroup also performed some of the best in the industry.
The biggest jump in the ranking was made by the French bank BNP Paribas, moving up 344 positions in the overall ranking and taking 24th place. The reason for this was the stabilization of profits against the background of a fine of $ 8.9 billion paid a year earlier. Australian and Brazilian banks have become the largest outsiders on the back of falling commodity prices. Brazilian bank Itau Unibanco lost 21 positions to rank 63, while Westpac Banking Corporation and Commonwealth Bank of Australia lost 11 and 12 positions, respectively.
![jpmorgan-260516 jpmorgan-260516](https://psm7.com/wp-content/uploads/2016/05/jpmorgan-260516.jpg)
Among the 25 largest banks in the world, Chinese banks have the most positions - nine. The USA follows with four places. Canada, Japan and Australia each have two banks in the ranking. One each for European countries: Great Britain, Spain, Switzerland, France and the Netherlands.
Germany, despite being the top country in Europe, did not make it to the top 25 of the Forbes Global 2000 list this year with its banks. Commerzbank ranked 62nd among banks and 333rd in the overall ranking. And Deutsche Bank, after a not very successful year, became the 76th among all banks and dropped from 114 to 448 positions in the overall rating of companies.
Forbes 2000 is a Forbes list of the 2000 largest public companies in the world. Companies are evaluated according to four indicators - revenue, net profit, assets (according to reports for the last 12 months) and market capitalization of companies. The arithmetic mean of those employed in the four lists of places is chosen as an integral indicator, according to which the companies are located in the final ranking.
A complete list of the top 25 largest banks in the world
- Industrial and Commercial Bank of China
- China Construction Bank
- Agricultural Bank of China
- Jp morgan chase
- Bank of China
- Wells fargo
- Bank of america
- Citigroup
- HSBC
- Bnp paribas
- Mitsubishi UFJ Financial
- Bank of Communications
- Santander
- China Merchants Bank Co.
- Royal Bank of Canada
- UBS
- ING Group
- Shanghai Pudong Development Bank
- Commonwealth bank
- Industrial bank
- Itaú Unibanco Holding
- China Minsheng Banking
- TD Bank Group
- Sumitomo Mitsui Financial
- Westpac Banking Group