5) Bank of China – Company Assets: $2,291.8 billion
Founded as the Bank of Great Qing in 1908 after the country’s revolution and establishment of the People’s Republic of China and renamed BOC in 1912, the corporation is the country’s oldest banking institution. After being replaced as the nation’s central bank in 1928, Bank of China became a wholly commercial enterprise and has remained one of the nation’s most successful companies. In 1949 it split into a mainland entity (BOC) and a Taiwanese based subsidiary (the International Commercial Bank of China) which later became MICB (Mega International Commercial Bank). BOC is comfortably holding down fifth place with nearly $2.3 trillion in assets.
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