The size of a bank does not show the actual performance of a bank nor it is an indicator of the highest assets value. Many top financial institutions are going digital and reducing their physical presence for saving their overheads, so identifying a bank on the bases of branches is not necessary nor it is a sure indicator of success.
According to a recent report, the Postal Savings Bank of China and the Agriculture Bank of China are the largest banks in the world by branches with more than 40,000 and 23,000 branches respectively across the globe.
Top 20 Largest Banks That Have Large Network Of Branches
However, physical branches play a vital role in customer satisfaction and the prevention of fraud. Here is the list of the top 20 largest banks in the world by branches.
|Rank||Bank Name||Country||Total Branches (Nearly)|
|1||Postal Savings Bank of China||China||40,000 plus|
|2||Agriculture Bank of China||China||23,000 plus|
|3||State Bank of India||India||22,000 plus|
|4||Industrial and Commerical Bank of China||China||16,500|
|5||China Construction Bank||China||13,500|
|7||Bank of China||China||10,500|
|12||Banco Bradesco||South America||5,000|
|13||Banco do Brasil||South America||5,400|
|14||JPMorgan Chase & Co||USA||5,100|
|15||Itau Unibanco||South America||4,800|
|16||Bank of America||USA||4,200|
|19||Bank of Commuications||China||2,800|
Does a large number of branches an indicator of the highest revenue-making bank?
The revenue is not dependent on the number of locations but depends on the quality of service and using resources in an effective manner.
Do a large number of locations show a favorable market capitalization?
The highest market capitalization is not dependent on the size of a bank but depends on the market share price and financial performance.
Does the size of a bank an indicator of a secure bank?
The size of the bank is important in accessing the resources and customer service, but it is a favorable symbol that shows the low risk of fraud.
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