Industrial and Commercial Bank of China:
Popularly known as the banking giant of the world, ‘Industrial and Commercial Bank of China’ is headquartered in Beijing, China. It is probably only banking institution of this magnitude which is absolutely controlled by the Chinese government. There are 3 other big banking institutions that are controlled and managed by the Chinese government. The bank was founded as a limited company few years ago in 1984. Considering the total market value, ‘Industrial and Commercial Bank of China’ can put a large number of finance companies in the world to shame! The Forbes Magazine ranked it as the 7thbiggest public company all over the world in the year 2011.