Top 50 Bank of the world

The following are the top fifty bank of the world .Among them bank of china"Industrial and commercial bank of china" is the largest bank in the world based on the total assets and "HSBC holdings" is the second lagest bank of world from uk.

Rank	Bank	Country	Total assets, US$b	Balance sheet
1	Industrial & Commercial Bank of China (ICBC)	China	2,811.34	31.12.2012
2	HSBC Holdings	UK	2,692.54	31.12.2012
3	Deutsche Bank	Germany	2,665.40	31.12.2012
4	Crédit Agricole Group	France	2,660.86	31.12.2012
5	Mitsubishi UFJ Financial Group	Japan	2,594.82	31.12.2012
6	BNP Paribas	France	2,527.22	31.12.2012
7	Credit Agricole SA	France	2,441.18	31.12.2012
8	Barclays PLC	UK	2,401.81	31.12.2012
9	JPMorgan Chase & Co.	USA	2,359.14	31.12.2012
10	Japan Post Bank	Japan	2,291.35	31.12.2012
11	China Construction Bank Corporation	China	2,239.31	31.12.2012
12	Bank of America	USA	2,209.97	31.12.2012
13	Agricultural Bank of China	China	2,122.56	31.12.2012
14	Royal Bank of Scotland Group	UK	2,114.90	31.12.2012
15	Bank of China	China	2,032.22	31.12.2012
16	Mizuho Financial Group	Japan	1,982.30	31.12.2012
17	Citigroup Inc	USA	1,864.66	31.12.2012
18	Banco Santander	Spain	1,682.30	31.12.2012
19	Societe Generale	France	1,657.21	31.12.2012
20	Sumitomo Mitsui Financial Group	Japan	1,651.79	31.12.2012
21	ING Group	Netherlands	1,539.85	31.12.2012
22	Groupe BPCE	France	1,520.50	31.12.2012
23	Lloyds Banking Group	UK	1,490.01	31.12.2012
24	Wells Fargo	USA	1,422.97	31.12.2012
25	UBS	Switzerland	1,380.13	31.12.2012
26	UniCredit S.p.A.	Italy	1,228.07	31.12.2012
27	China Development Bank	China	1,209.97	31.03.2013
28	Credit Suisse Group	Switzerland	1,013.02	31.12.2012
29	Rabobank Group	Netherlands	996.966	31.12.2012
30	Goldman Sachs	USA	938.555	31.12.2012
31	Norinchukin Bank	Japan	933.705	31.12.2012
32	Nordea Bank	Sweden	897.602	31.12.2012
33	Intesa Sanpaolo	Italy	892.371	31.12.2012
34	Bank of Communications	China	845.120	31.12.2012
35	BBVA (Banco Bilbao Vizcaya Argentaria)	Spain	845.084	31.12.2012
36	Commerzbank	Germany	842.557	31.12.2012
37	Royal Bank of Canada	Canada	842.048	31.01.2013
38	Toronto-Dominion Bank	Canada	822.843	31.01.2013
39	National Australia Bank	Australia	790.586	31.12.2012
40	Morgan Stanley	USA	780.960	31.12.2012
41	Commonwealth Bank of Australia	Australia	748.013	31.12.2012
42	Bank of Nova Scotia (Scotiabank)	Canada	740.285	31.01.2013
43	Westpac Banking Corporation	Australia	702.562	31.12.2012
44	Natixis	France	700.106	31.12.2012
45	Australia and New Zealand Banking Group	Australia	697.498	31.12.2012
46	KfW Bankengruppe	Germany	677.885	31.12.2012
47	Standard Chartered	UK	636.518	31.12.2012
48	Danske Bank A/S	Denmark	619.071	31.12.2012
49	Banco do Brasil S.A.	Brazil	563.494	31.12.2012
50	Bank of Montreal (BMO)	Ca

Top most 10 bank in UK:

Here is series of top 10 financial intuition in uk based on the tractions listed below

1.  HSBC

2.  Royal Bank of Scotland

3.  Lloyds TSB

4.  Halifax (owned by Lloyds)

5.  Bank of Scotland (owned by Lloyds)

6.  Barclays

7.  Santander (Spanish Owned) (was Abbey, also incorporated Bradford & Bingley)

8.  Co-operative

9.  Nationwide (classed as building society)

10. Tesco bank

Some interesting facts about British banks.

•  They employ 0.5million people

• Banks and financial services contribute £70bn to the UK’s national output (6.8% of GDP)

• Banks and financial services provide 25% of total corporation tax (£8bn) to the UK Gov

• The main retail banks provide over 125m accounts, clear 7bn transactions a year and facilitate 2.3bn cash withdrawals per year from its network of over 30,000 free ATMs

• Banks provide banking services to 95% of the UKs population

• The value of foreign exchange business passed through London every day is £560bn ($1 trillion)

Types of Financial Plans

After the company starts, the finance manager does the financial planning

The types of financial plans are depicted and briefly explained below.

types of financial plans

There are three types of financial plans:-,

    Short-term financial plan is prepared for maximum one year. This plan looks after the working capital needs of the company.

    Medium-term financial plan is prepared for a period of one to five years. This plan looks after replacement and maintenance of assets, research and development, etc.

    Long-term financial plan is prepared for a period of more than five years. It looks after the long-term financial objectives of the company, its capital structure, expansion activities, etc.