The Global Ranking of Industrial Bank Kept Rising Fast

According to the Ranking of Global Top 1000 Banks 2012 released by the British Magazine, The Banker, Industrial Bank (IB) kept moving up at a fast rate, ranking No. 69 around the world in terms of Tier 1 capital, up by 14 over the last year; and ranking No.61 in terms of total assets, up by 14 over the last year.

As shown in the 2011 Annual Report of IB, by the end of 2011, the total assets of the bank reached RMB 2408.798 billion, increasing RMB 559.125 billion over the beginning of the year, up by 30.23%; and the Tier 1 capital reached RMB 111.591 billion, increasing RMB 22.527 billion, up by 25.29% over the beginning of this year.

In addition, in the ranking of 2011 Top 500 Chinese Enterprises released by Fortune (Chinese Version), IB ranked No.78, up by 6  over the previous year.