Banks are financial institutions that provide services such as accepting deposits, lending money, exchanging currencies, managing investments, and other services related to money. Banks play an important role in the economy and trade, and affect the growth and well-being of countries and peoples. But how do you determine the best bank in the world? Is it the bank with the largest market capitalization? Or the bank that achieves the highest profitability? Or which bank provides the best customer service? Or the bank that follows the best standards of transparency and governance? There is no single right answer to this question, it depends on each person’s standards and goals. Therefore, I will use one common criterion for rating fixed assets, and other resources. The larger the size of the total assets, the more this indicates the strength, confidence and stability of the bank.banks, which is the size of total assets. This criterion expresses the value of all the bank’s possessions of money, securities,
Based on this criterion, the list of the top 10 best banks in the world for 2022 is as follows¹:
1. The Industrial and Commercial Bank of China (ICBC)
**: It is the largest bank in the world in terms of total assets, which amounted to $5.53 trillion. It is one of the four Chinese state-owned banks, established in 1984. It provides comprehensive banking services to companies and individuals throughout China, in addition to international banking services in 42 countries
