5 Most Valuable Government-Owned Companies in the World

Page 5 of 5

1. Industrial and Commercial Bank of China (SHA:601398.SS)

  Total Assets: $5.13 trillion

The Industrial and Commercial Bank of China (SSE: 601398) (ICBC) is a government-owned multinational commercial bank. The largest of the ‘Big Four’, it is China’s largest systematically important bank. Established in 1984 as a limited company, the bank specializes in business loans to manufacturers, retailers, power companies, and other sectors. Ranked high among the Fortune Global 500 list of the largest companies in 2020, the bank reported total profits amounting to $45.19 billion.

You can also take a peek at 10 Best Financial Stocks that Pay Dividends and  The 20 Most Unhealthiest Countries in the World.

Follow Insider Monkey on Twitter

Page 5 of 5