Chinese Banks Take Top Four Spots on 2020 List of World’s Most Valuable Banking Brands

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Chinese banks dominate the upper reaches of the Banking 500 2020 list of the world’s most valuable banking brands released by Brand Finance.

The Industrial and Commercial Bank of China (ICBC) retained its position at the top of list, while Chinese banks continued to command the four leading spots.

China Merchants Bank also made the top ten at ninth on the Banking 500 2020 list, with the remaining spots held by stateside lenders including Wells Fargo, Bank of America and JP Morgan.

Top Ten Banks on Brand Finance’s Banking 500 2020 List

2020 RankingBank2019 BankingCountry2020 brand value (USD million)YoY value change
1ICBC1China$80,791+1.2%
2China Construction Bank2China$62,602-10.2%
3Agricultural Bank of China3China$54,658-0.7%
4Bank of China4China$50,630-0.7%
5Wells Fargo5United States$40,881+2.3%
6Bank of America6United States$35,361-3.6%
7CITI7United States$33,131-9.0%
8Chase 8United States$31,250-13.8%
9China Merchants Bank9China$22,884+1.8%
10JP Morgan11United States$22,826+15.3%

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