Banking is a major industry in the world since it employs a significant number of people and makes a substantial contribution to the global economy. It is a highly regulated industry and there are restrictions imposed by the government in different areas of services. Banks of the world have assisted many people with services like insurance, deposits, loans, investment and others.
Banks in various countries of the world are now equipped with various facilities and services to fulfill the needs of the modern day customer. They serve millions of their clients in the most efficient manner. Banks have gone through many changes regarding their strategies and plans and they always try to offer better services to their customers.
Top banks in the world
Top banks in the world can be categorized into the following groups:
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Top banks in US
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Top banks in Australia
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Top banks in New Zealand
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Top banks in South Africa
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Top banks in India
Services provided by the top banks in the world
Given below are the various services that the top banks in the world usually offer to its customers:
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Issuing of cheques, drafts and others to the customers
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Offering loans under different plans and schemes to meet the requirements of the particular customers
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Offering safe deposit boxes or lockers for protecting documents and other precious articles
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Providing foreign exchange facilities to foreign tourists and customers
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Accepting money as term deposits
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Payment settlement issues
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Credit intermediation
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Online/Internet banking services
Top banks in US
Given below are the names of the top banks in the United States:
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Bank of America Corporation - Charlotte, N.C.
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J. P. Morgan Chase & Company - Columbus, Ohio
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Citigroup New York, N.Y
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Wachovia Corporation - Charlotte, N.C.
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Wells Fargo & Company - Sioux Falls, S.D.
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U.S. BC - Cincinnati, Ohio
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Suntrust Banks, Inc. - Atlanta, GA
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HSBC North America Inc. - Wilmington, DE
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Keybank - Cleveland, Ohio
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State Street Corporation - Boston, MA
Top banks in Australia
Given below are the names of the top banks in Australia:
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Commonwealth Bank of Australia
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Westpac Banking Corporation
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National Australia Bank Ltd
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Australia and New Zealand Banking Group Ltd
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St. George Bank
Top banks in New Zealand
Given below are the names of the top banks in New Zealand:
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ASB Bank
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ANZ Bank
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Bank Direct
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BNZ Bank
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National Bank
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KiwiBank
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SuperBank
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RaboBank
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Westpac Trust Bank
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TSB Bank
Top banks in South Africa
Given below is a list of the top banks in South Africa:
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ABSA - Amalgamated Banks of South Africa
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First National Bank
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ABN AMRO Securities South Africa
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Allied Bank
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Bankfin
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Barclays in Africa
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First National Bank Group
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Mercantile Lisbon Bank
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NedBank
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Rand Merchant Bank
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Stanbic Bank
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Standard Bank of South Africa
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United Bank
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WesBank
Top banks in India
Given below are the names of the top banks in India:
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State Bank of India (SBI)
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HDFC Bank
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ICICI Bank
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Punjab National Bank (PNB)
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Canara Bank
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AXIS Bank (earlier UTI Bank)
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Hongkong & Shanghai Banking Corp (HSBC)
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Kotak Mahindra Bank
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Sundaram Bank
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Oriental Bank of Commerce
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