Bank of China Ranked 9th in Top 1000 World Banks
OREANDA-NEWS. July 10, 2013. The Banker, a UK-based magazine, published its 2013 ranking of "Top 1000 World Banks", in which Bank of China remains at the 9th place, as it did in 2012, with a total Tier 1 capital of 121.504 billion US dollars.
The "Top 1000 World Banks" ranking, published by The Banker, uses Tier 1 capital as the index to measure a bank's large-scale loans and its vulnerability to risks? It has become a significant guide to evaluate a bank's comprehensive capabilities.
Owned by the UK's Financial Times Group, The Banker is one of the world-famous magazines specialized in the finance and banking industry. Based on its database of more than 4000 banks from around the world, it publishes the Top 1000 World Banks Ranking annually upon a thorough analysis of each bank's Tier 1 capital, profitability and performance against interbank competition.
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