The banks are responsible through their own activities and nature to obtain financial and economic resources through multiple numbers of instruments created for above-mentioned purposes via bonds, deposits or obligations. In an alternate responsibility, banks share the duty of facilitating the access of their clients to the economic resources through banking tools such as loans and mortgages, in return for interest or commissions agreed upon in each operation.
When it comes to banks, there are a few of them which blow the other banking institutions out of the park with respect to the sheer amount of current assets and value in the financial world. Without further ado, let’s have a look at the wealthiest banks in the world as of 2019.
1. THE INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ICBC)