Last updated on September 7th, 2022 at 01:27 pm
Here you can find the List of Top banks in China 2021 which are sorted out based on the revenue. Most of the Top banks in the world is from the country china.
List of Top 20 Banks in China 2021
so here is the List of top 20 banks in china which are sorted out based on the Turnover
20. Zhongyuan Bank Co
Zhongyuan Bank Co., Ltd, the first provincial corporate bank in Henan Province, was established on December 23, 2014 with its headquarters located in Zhengzhou City, the capital of Henan Province, PRC.
- Revenue: $ 4.8 Billion
- Established: 2014
The Bank is operating 18 branches and 2 direct sub-branches with a total of 467 outlets. As a major promoter, it established 9 county banks and 1 consumer finance company in Henan Province and 1 finance leasing company outside of Henan Province.
Zhongyuan Bank was listed on the Main Board of the Hong Kong Stock Exchange on July 19, 2017.
19. Harbin Bank
HarbinBank was established in February 1997 and is headquartered in Harbin. HarbinBank ranked the 207th place in the top 1,000 global banks of 2016 rated by The Banker magazine of the UK, and the 31st place among Chinese banks in the list.
HarbinBank has established 17 branches in Tianjin, Chongqing, Dalian, Shenyang, Chengdu, Harbin, Daqing and so on, and has established by means of sponsorship of 32 rural banks (including 8 ones under preparation) in 14 provinces.
- Revenue: $4.8 Billion
- Established: 1997
By December 31, 2016, HarbinBank has 355 business institutions and affiliates distributed in seven administrative areas of China. On March 31, 2014, HarbinBank was successfully listed on the main board of SEHK (stock code: 06138.HK), is the third urban commercial banks from the Chinese Mainland entering into the Hong Kong capital market and the first listed commercial bank in the Northeast China.
By December 31, 2016, HarbinBank has totalled assets of RMB539,016.2 million, customer loans and advances of RMB201,627.9 million and customer deposits of RMB343,151.0 million.
HarbinBank obtained two prizes among the selection of “Chinese Stars” of 2016 of the Global Finance magazine of the USA: It continuously obtained the prize of the “Best Urban Commercial Bank” for the third time, and was the unique Chinese urban commercial bank obtaining the said great honor; and, had the honor to get the prize of the “Best Small Enterprise Credit Bank” for the first time.
HarbinBank ranked the 416th place in the “Top 500 Enterprises of China in 2016” issued by the Fortune (Chinese version). HarbinBank was included into the “Bellwether Program” of urban commercial banks launched by the China Banking Regulatory Commission, becoming one of 12 “bellwethers”.
18. Jiangsu Zhangjiagang Rural Commercial Bank
Jiangsu Zhangjiagang Rural Commercial Bank is the 18th largest bank in china based on the Revenue.
- Revenue: $5.7 Billion
17. Guangzhou Rural Commercial Bank
A leading rural commercial bank in China, ranking first in Guangdong, with distinctgeographic advantages.
Revenue: $5.9 billion
The Head Office of the Bank is located in Pearl River New Town Tianhe District ,Guangzhou. As of September 30, 2016, the bank had a total of 624 outlets and 7,099 full-time employees.
16. Chongqing Rural Commercial Bank
Chongqing Rural Commercial Bank Co., Ltd. is located in Chongqing, Chongqing, China and is part of the Banks & Credit Unions Industry.
Chongqing Rural Commercial Bank Co., Ltd. has 15,371 total employees across all of its locations and generates $3.83 billion in sales (USD). There are 1,815 companies in the Chongqing Rural Commercial Bank Co., Ltd. corporate family.
15. Shengjing Bank
Headquartered in Shenyang City, Liaoning Province, Shengjing Bank was formerly known as Shenyang Commercial Bank. In February 2007, it was renamed Shengjing Bank with the approval of the China Banking Regulatory Commission and achieved cross-regional operations. It is a powerful headquarter bank in the Northeast.
On December 29, 2014, Shengjing Bank was successfully listed on the main board of the Hong Kong Stock Exchange (stock code: 02066). Shengjing Bank currently has 18 branches in Beijing, Shanghai, Tianjin, Changchun, Shenyang, Dalian and other cities, with a total of more than 200 operating institutions, and has achieved effective coverage in the Beijing-Tianjin-Hebei region, the Yangtze River Delta and the Northeast region.
Shengjing Bank has specialized operating institutions such as Shengyin Consumer Finance Co., Ltd., a credit card center, a capital operation center, and a small business financial service center to meet the comprehensive financial service needs of enterprises, institutions, and individual customers.
14. Huishang Bank
Founded on December 28, 2005, Huishang Bank is headquartered in Hefei, Anhui Province. It was incorporated by 6 urban commercial banks and 7 urban credit cooperatives within Anhui Province. Huishang Bank is now the largest urban commercial bank in Central China based in terms of scales of total assets, total loans and total deposits.
Huishang Bank has taken its roots in the local economy and served for SMEs in this region. The Bank enjoys a solid and extensive SME customer foundation and a business network that has been fabricated into the regional economy.
At present, the Bank has 199 branches, covering 16 provincially-administered cities in Anhui and Nanjing in the adjacent Jiangsu Province.
13. Bank of Shanghai
Founded on December 29th 1995, Bank of Shanghai Co., Ltd. (hereinafter referred to as Bank of Shanghai), headquartered in Shanghai, is a company listed on the main board of the Shanghai Stock Exchange, with the stock code 601229.
With the strategic vision of providing boutique banking service and the core values of utmost sincerity and good faith, Bank of Shanghai has specialized its operations , to deliver a higher level of services in inclusive, and online finance.
12. Huaxia Bank
Huaxia Bank Co., Ltd. is a publicly traded commercial bank in China. It is based in Beijing and was founded in 1992.
11. China Everbright Bank (CEB)
China Everbright Bank (CEB), established in August 1992 and headquartered in Beijing, is a national joint-stock commercial bank approved by the State Council of China and the People’s Bank of China.
CEB was listed on the Shanghai Stock Exchange (SSE) in August 2010 (stock code 601818) and the Hong Kong Exchanges and Clearing Limited (HKEX) in December 2013 (stock code 6818).
As at the end of the 2019, CEB had established 1,287 branches and outlets nationwide, covering all provincial administrative regions and extending its business reach to 146 economic center cities across the country.
10. China Minsheng Banking Corporation Limited
China Minsheng Banking Corporation Limited (“China Minsheng Bank” or “the Bank”) was formally established in Beijing on 12 January 1996. It is China’s first national joint-stock commercial bank initiated and founded mainly by non-state-owned enterprises (NSOEs).
On 19 December 2000, the Bank was listed on the Shanghai Stock Exchange (A share code: 600016). On 26 November 2009, the Bank was listed on the Hong Kong Stock Exchange (H share code: 01988).
As at the end of June 2020, total assets of the China Minsheng Bank group (the Bank and its subsidiaries) amounted to RMB7,142,641 million. In the first half of 2020, the group recorded operating income of RMB96,759 million, net profit attributable to equity shareholders of the Bank amounted to RMB28,453 million.
As at the end of June 2020, the Bank had 42 branches in 41 cities across China, with 2,427 banking outlets and over 55 thousand employees. As at the end of June 2020, the non-performing loan (NPL) ratio of the group was 1.69%, and allowance to NPLs was 152.25%.
9. China CITIC Bank
China CITIC Bank International (CNCBI) is part of the cross-border commercial banking franchise of CITIC Group in Beijing. Together with bank China CITIC Bank, we shall build the CITIC commercial banking franchise to be a world leading brand.
8. Shanghai Pudong Development Bank
Shanghai Pudong Development Bank Co., Ltd. (abbreviated as “SPD Bank”) was founded on August 28, 1992 with the approval of the People’s Bank of China and started its operation on January 9, 1993.
As a nationwide joint-stock commercial bank based in Shanghai, it was listed on the Shanghai Stock Exchange in 1999 (Stock Code: 600000). Registered capital of the Bank stands at RMB 29.352 billion. With its outstanding performance record and reputed integrity, SPD Bank has become a highly regarded listed company in the securities market of China.
7. Industrial Bank
Industrial Bank Co., Ltd. (hereinafter referred to as Industrial Bank) was established in Fuzhou City, Fujian Province in 1988 with a registered capital of 20.774 billion yuan and listed on the Shanghai Stock Exchange in 2007 (stock code: 601166). It’s one of the first joint-stock commercial banks approved by the State Council and the People’s Bank of China, and it’s also the first Equator Bank in China.
Now it has grown into a mainstream commercial banking group with banking as its main business and multiple fields such as trust, financial lease, funds, futures, asset management, consumer finance, research and consulting, and digital finance covered, ranking among the top 30 banks in the world and Fortune Global 500.
Starting from Fuzhou in the southeast of China, Industrial Bank adheres to the “customer-oriented” service concept, promotes a layout of multi-channel and multi-market, and continuously expands its services and explores their connotations. Currently, it has 45 tier-one branches (including Hong Kong branches) and 2032 branch agencies.
6. China Merchants Bank
By the end of 2018, with over 70,000 employees, CMB has set up a service network that consists of more than 1,800 branches worldwide, including six overseas branches, three overseas representative offices, and service outlets located in more than 130 cities of mainland China.
In mainland China, CMB has two subsidiaries, namely CMB Financial Leasing (wholly-owned) and China Merchants Fund (with controlling stake), and two joint ventures, namely CIGNA & CMB Life Insurance (50% in shareholding) and Merchants Union Consumer Finance Company (50% in shareholding).
In Hong Kong, it has two wholly-owned subsidiaries, namely CMB Wing Lung Bank and CMB International Capital. CMB has evolved into a comprehensive banking group equipped with financial licenses of commercial banking, financial leasing, fund management, life insurance and overseas investment banking.
5. Bank of Communications
Founded in 1908, Bank of Communications Co., Ltd. (“BoCom” or the “Bank”) is one of the banks with the longest history and one of the first note-issuing banks in China. On 1 April 1987, BoCom reopened after reorganization and the head office was located in Shanghai. BoCom was listed on the Hong Kong Stock Exchange in June 2005 and the Shanghai Stock Exchange in May 2007.
In 2020, BoCom was named a “Fortune Global 500” company for its 12th consecutive year, ranking at 162 in terms of operating income, and its fourth year of ranking 11th in the “Top 1000 World Banks” in terms of Tier 1 Capital rated by “The Banker”.
|Top||Top Banks in China||Revenue in Million|
|2||China Construction Bank||$1,62,100|
|3||Agricultural Bank of China||$1,48,700|
|4||Bank of China||$1,35,400|