Which of the five major state owned banks in China is the strongest?

Updated on Financial 2024-02-26
4 answers
  1. Anonymous users2024-02-06

    In fact, the original concept is not called the big five banks, but the big four banks. The strongest is the Industrial and Commercial Bank of China, the scale can be called the world's first, followed by the China Construction Bank, although the scale is not as good as the Industrial and Commercial Bank of China, but it is also ahead of the other two banks, followed by the Agricultural Bank of China, the Agricultural Bank of China's outlets are the most widely distributed, many towns and villages also have, the smallest is the Bank of China, but the Bank of China is the earliest, the accumulation of international influence is deeper, the Bank of China's foreign exchange business is the strongest among the four major banks. As for the five major banks you mentioned, the fifth place should be Bank of Communications.

    Bank of Communications has many fewer outlets than the four major banks, generally in larger cities, and its size cannot be compared with the traditional four major banks, but it is still stronger than the rest of the banks.

  2. Anonymous users2024-02-05

    The five major banks in China refer to the five large state-owned banks, including: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications. Strength refers to real strength.

    There are two kinds of power in a country, one is hard power and the other is soft power. Hard power refers to dominant power, which refers to a country's economic, military and scientific and technological strength; In layman's terms, hard power refers to material power that can be seen and touched. As an important part of a country's comprehensive national strength, "soft power" refers to the intangible influence released by a country by relying on the attractiveness of its political system, the appeal of its cultural values, and the affinity of its national image.

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  3. Anonymous users2024-02-04

    The "Decision on the Special Exercise of the Functions of the People's Bank of China" promulgated by the Industrial and Commercial Bank of China on September 7, 983 stipulates that the People's Bank of China exclusively exercises the functions of the ** bank, and is divided into specialized banks such as the Industrial and Commercial Bank of China, the Chinese People's Construction Bank, the Bank of China, and the Agricultural Bank of China, the Industrial and Commercial Bank of China mainly handles industrial and commercial credit business, the Chinese People's Construction Bank mainly handles capital construction investment as its main business, the Bank of China mainly conducts foreign-related credit, and the Agricultural Bank of China mainly serves agricultural development and construction. It has gradually formed a banking system with ** bank as the core and professional bank as the main body.

  4. Anonymous users2024-02-03

    These banks are all very good, China's five large state-owned banks, including: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications. As of the end of 2016, the Postal Savings Bank of China was the sixth largest bank in China in terms of assets.

    1. Industrial and Commercial Bank of China

    Industrial and Commercial Bank of China (ICBC) was established on January 1, 1984, with its head office located at No. 55 Fuxingmennei Street, Beijing, and is a large state-owned commercial bank. ICBC has the largest customer base in China, one of the largest commercial banks in China, and one of the world's top 500 enterprises, and its basic task is to raise social funds through financing activities at home and abroad in accordance with national laws and regulations, strengthen the management of credit funds, support enterprise production and technological transformation, and serve the country's economic construction.

    2. Agricultural Bank of China

    Agricultural Bank of China (ABC) is a large listed bank in China and one of the five largest banks in China. Originally established in 1951, it was the first state-owned commercial bank in the People's Republic of China and an important part of China's financial system, with its head office in Beijing. For several years, the Agricultural Bank of China has been ranked among the world's top 500 enterprises"Top 1000 Global Banks"It has a Moody's credit rating of A1.

    3. Bank of China

    Bank of China (BOC) was officially established on February 5, 1912 with the approval of Dr. Sun Yat-sen. Headquartered at No. 1 Fuxingmennei Street, Beijing, the head office is a large state-owned commercial bank and one of the five largest banks in China.

    4. China Construction Bank

    China Construction Bank (abbreviated as China Construction Bank or CCB, originally known as Chinese Construction Bank, renamed China Construction Bank on March 26, 1996) was established on October 1, 1954 (Jiawu year), is a joint-stock commercial bank, is one of the five major state-owned commercial banks.

    5. Bank of Communications

    Founded in 1908, Bank of Communications (BCM) is one of the oldest banks in China and one of the note-issuing banks in modern China. On April 1, 1987, the reorganized Bank of Communications officially opened for business, becoming China's first national state-owned joint-stock commercial bank, with its head office in Shanghai. Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and on the Shanghai ** Stock Exchange in May 2007.

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