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Industrial Bank Experienced International Ranking Boost

 

In July 2007, The Banker , a British based magazine, unveiled the latest list of Top 1000 World Banks. The global list saw Industrial Bank's substantial leap again. Industrial Bank ranked 260th with 37 positions advanced compared with previous year in terms of tier 1 capital, and ranked 145th with 19 positions advanced compared with previous year in terms of total assets.

According to the "Top 100 Chinese Banks" released by the above magazine in June this year, Industrial Bank ranked 10th in terms of tier 1 capital and total assets, ranked 1st in terms of average return on capital, ranked 2nd in terms of NPL rate, and ranked 3rd in terms of real profit growth rate among all domestic commercial banks.

It reports that domestic commercial banks wins favorable response in this year's Top 1000 World Banks ranking. Total 31 domestic commercial banks were appeared on the list, increasing 8 banks compared with previous year. Among 25 domestic commercial banks listed on Top 1000 World Banks last year, over 70% experienced ranking boost compared with last year in terms of tier 1 capital and total assets.

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