1/ 10 Ranked number one on the list, ICBC is the largest bank in the world by total assets and market capitalisation. The Beijing-based commercial bank recorded income of $171.1 billion in the year 2015. Reuters Ranked number two on the list, it is one of the big four banks in People's Republic of China. Last year, the bank was the second largest bank in the world by market capitalization. The Beijing-based company recorded income worth $146.8 billion last year. Reuters Ranked number three on the list, it was founded in 1951. It is also known as AgBank. The bank has about 320 million retain customers, 2.7 million corporate clients and about 24,000 branches. It is China's third largest lender as per its assets. Reuters Ranks number five on the list. It is American multinational banking and financial services holding company based out of New York City. The bank has about 235,000 employees worldwide and operates in over 100 countries. The bank has assets worth $2.4 trillion as of last year. Reuters Ranks number six on the list. The bank was founded in 1912 and is the oldest bank in Mainland China, which is still in existence. Bank of China was listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange in June and July 2006 respectively. Reuters Ranks number seven on the list. Founded in 1852, Wells Fargo is an American multinational banking and financial services holding company which is headquartered throughout the U.S. The bank clocked income of $91.4 billion last year. Reuters Ranks at number 11 in the list of the world's largest companies. The banking and finance company is based in Charlotte in North Carolina. With a presence in 35 countries across the globe, Bank of America acquired Merill Lynch in 2008 to become the world's largest wealth management corporation. Reuters Ranks at number 13 in the list by Forbes. Is an American multinational investment bank based in Manhattan, New York City. Last year, the company recorded income of $85.9 billion. Reuters Ranks number 14 on the list. The firm is one of the world's largest banking and financial services organisations in the world whose network comprises of 7,500 offices across 80 countries. It is headquartered in London, United Kingdom. Reuters Ranks 24 on the list of the world's largest companies. The French multinational bank based out of Paris, France. Paribas was formed from two investment banks based respectively in Paris and Amsterdam. The bank has a recorded income of $74.9 billion in 2015. Reuters
Despite China's economic slowdown, the three largest public companies in the world are the Chinese banks ICBC, China Construction Bank and Agriculture Bank of China, according to the recent Global 2000 list released by Forbes.
The ranking has been done on the basis of a composite score, which is calculated measuring revenues, profits, assets and market value. The list compiled by the American business magazine for 2016 features public companies from 63 countries, which collectively account for revenues worth $435 trillion, profit worth $2.4 trillion, assets worth $162 trillion and which have a combined market value of $44 trillion,
Above (in a slideshow) is a list of the 10 banks, which have made it in the top 25 spots of the list of world's largest companies.
For the complete list of the world's largest companies,