Top 10 Profitable Companies in Global 500

By siliconindia  |  Monday, 15 July 2013, 03:04 Hrs


4. Industrial & Commercial Bank Of China
Global 500 Rank: 29
2012 Profit ($ millions): 37,806.5
Country Headquarters: China

Industrial and Commercial Bank of China is the largest bank in the world by profit and market capitalization. It is the fourth member of China's 'Big Four' state-owned commercial banks, the other three being the Bank of China, Agricultural Bank of China, and China Construction Bank.

The bank’s 2012 profits accounted for $37,806.5 million and the holds the 29th rank in the Fortune Global 500 Companies.

5. China Construction Bank
Global 500 rank: 50
2012 Profit ($ millions): 30,618.2
Country Headquarters: China

By market capitalization, China Construction Bank was the second largest bank in 2011 and 13th largest company in the world. The bank has approximately 13,629 domestic branches. In addition, it maintains overseas branches in Frankfurt, Hong Kong, Johannesburg, New York, Seoul, Singapore, Tokyo, Melbourne, and Sydney, and a wholly owned subsidiary in London.

In the year 2009 the bank’s total assets accounted for $8.7 trillion. CBB hold the 50 position among the Fortune Global 500 Companies and is 5th in terms of profits at $30,618.2 million.

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