Three State-owned commercial banks - the Industrial and Commercial Bank of China, China Construction Bank and Bank of China - were honored as the best bank in China by the renowned financial newspaper, the China Business News (CBN) in Beijing on November 12.
Awarding ceremony of the CBN Financial Brand Ranking 2007 held on November 2 in Beijing. Three State-owned commercial banks - Industrial and Commercial Bank of China, China Construction Bank and Bank of China - were honored as the best bank in China by the renowned financial newspaper, the China Business News (CBN) in Beijing on November 12.
At the awarding ceremony in Beijing, Qin Shuo, chief editor of the CBN, organizer of the CBN Financial Brand Ranking 2007, also announced a list of other domestic banks that had been given Awards for Best Domestic Banks and Awards for Best Foreign Banks.
In addition, the three large-sized Stated-owned commercial lenders, and another seven domestic banks, including China Merchants Bank, Bank of Communications, Shanghai Pudong Development Bank, and China Everbright Bank won the title of best domestic bank.
The organizer also announced results of other awards, such as the "10 Best Securities Companies," "10 Best Fund Management Companies," and "10 Best Insurance Companies".
The CBN said that the selection for the awards began in May this year. Financial institutions have gone through institutional investigations, inter-evaluation among institutions, consumer behavior research, and investigation by experts and organizing committees.
ICBC-(Industrial &Commercial Bank of China)-China's biggest lender as well as the world's largest bank by market value. .jpg)
NO.1
Bank of Communications
NO.2
Shanghai Pudong Development Bank
NO.3
Industrial Bank
NO.4
China Merchants Bank
NO.5
Industrial and Commerical Bank of China
NO.6
China Everbright Bank
NO.7
China Construction Bank
NO.8
Mingsheng Bank
NO.9
Bank of China
NO.10
China Citic Bank
1.ICBC spreads global reach [Banking]
Oct 18, 2007 22:37 The Industrial and Commercial Bank of China Ltd (ICBC), the country's largest lender by market value, is looking at mergers and acquisitions (M&As) to boost its fledgling overseas business.
2.ICBC to set up private banking units [Banking] Jul 30, 2007 22:25
The Industrial & Commercial Bank of China (ICBC) is preparing to set up a private banking unit but has ruled out a foreign partnership for the project, the China Securities Journal reported on Monday.
3. ICBC, CCB hold 36% of China's credit card market [General] Dec 31, 2006 01:59
About 36 percent of China's credit cards -- or 20 million -- were issued by the Industrial and Commercial Bank of China and the China Construction Bank.
4.Bank of Communications to join Hang Seng Index [Stocks]
Aug 14, 2007 16:04
Bank of Communications, one of China's largest bank by assets, will join Hong Kong's benchmark Hang Seng Index from Sept. 10, the index compiler said Monday.
5. Merchants Bank net profit up 120% in 1st half [Banking] Aug 10, 2007 23:05 China Merchants Bank (CMB) on Friday reported a first-half net profit rise of 3.34 billion yuan (US$440.84 million), or 120.4 percent compared with the same period last year, to 6.12 billion yuan.
Full List of The CBN Top 10 Best
Insurance Companies
NO.1 Union Life
http://www.unionlife.com.cn/unionlife/index.jsp
NO.2 AIA China
NO.3 Sino Life Insurance
http://www.sino-life.com/index.htm
NO.4 Taiping Life
NO.5 Taikang Insurance
NO.6 Allianz China Life
http://www.allianz.com.cn/index.jsp
NO.7 Ping An Insurance
NO.8 China Life
NO.9 China Pacific Insurance
NO.10 Manulife SinoChem