China’s State-owned Lenders Take Top Four Spots on 2021 List of World’s Top 500 Bank Brands

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China’s big state-owned lenders have once again featured prominently on the 2021 list of the world’s Top 500 Banking Brands released by UK financial publication The Banker.

ICBC – China and the world’s biggest bank in terms of assets, took top position for the fifth consecutive year with a brand value of USD$72.8 billion, while Chinese state-owned lenders took out all of the top spots, including China Construction Bank, Agricultural Bank of China and Bank of China.

Top 10 Banks in Terms of Brand Value in 2021

No. BankRanking in 2020
1ICBC1
2China Construction Bank2
3Agricultural Bank of China3
4Bank of China4
5Bank of America6
6Citi7
7Wells Fargo5
8Chase8
9JP Morgan10
10China Merchants Bank9

Other Chinese lenders to feature prominently on the The Banker’s top 500 banking brands for 2021 include:

  • Bank of Communications (14 in 2021, as compared to 15 in 2020)
  • Shanghai Pudong Development Bank (15 in 2021, 17 in 2020)
  • China CITIC Bank (16 in 2021, 21 in 2020)
  • Postal Savings Bank of China (19)
  • China Minsheng Bank (21 in 2021, 29 in 2020)
  • Industrial Bank (24 in 2021, 26 in 2020)
  • China Everbright Bank (25 in 2021, 28 in 2020).

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