Industrial and Commercial Bank of China (中国工商银行)
Beijing-based Industrial and Commercial Bank of China (ICBC) is currently the world's largest bank (in terms of market capitalization and customer deposits). Previously a state-owned enterprise, ICBC is doing well trading simultaneously on the Hong Kong and Shanghai exchanges. In fact, when ICBC launched it's IPO in October 2006, it broke records as the worlds largest IPO at the time.
While other major global banks are reporting losses or moderate gains, ICBC is still holding strong and reported an amazing 15% gain last year – this is amazing when compared to Bank of China's 17% year-on-year loss.
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