According to Milward Brown's BrandZ China Top 100 ranking in 2020, the Chinese state-owned bank ICBC was estimated to have a brand value of 38.15 billion U.S. dollars, followed by another state-owned bank China Construction Bank with 21.1 billion U.S. dollars. In that year, half of the brands above declined in value due to China's lower economic growth and consumer uncertainty.
Brand value of the leading Chinese bank brands in BrandZ China Top 100 ranking in 2020
(in million U.S. dollars)
BrandZ Top 100 most valuable Chinese brands ranking combines rigorously analyzed market data from Bloomberg with extensive consumer insights from over 3.7 million consumers around the world, covering more than 166,000 different brands in over 50 markets – including opinions from nearly 290,000 Chinese consumers on over 1,100 brands in 75 categories.
There are four eligibility criteria for selecting the Chinese brands: 1) each brand was originally created by a mainland China enterprise; 2) each brand is owned by a publicly traded enterprise, or its financials are publicly published; 3) bank brands derive at least 20 percent of earnings from retail banking; 4) Chinese unicorn brands have their most recent valuation freely accessible.
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Kantar Millward Brown, & China Internet Watch. (October 19, 2020). Brand value of the leading Chinese bank brands in BrandZ China Top 100 ranking in 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1066904/china-brand-value-of-the-most-valuable-bank-companies/
Kantar Millward Brown, und China Internet Watch. "Brand value of the leading Chinese bank brands in BrandZ China Top 100 ranking in 2020 (in million U.S. dollars)." Chart. October 19, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1066904/china-brand-value-of-the-most-valuable-bank-companies/
Kantar Millward Brown, China Internet Watch. (2020). Brand value of the leading Chinese bank brands in BrandZ China Top 100 ranking in 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1066904/china-brand-value-of-the-most-valuable-bank-companies/
Kantar Millward Brown, and China Internet Watch. "Brand Value of The Leading Chinese Bank Brands in Brandz China Top 100 Ranking in 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 19 Oct 2020, https://www.statista.com/statistics/1066904/china-brand-value-of-the-most-valuable-bank-companies/
Kantar Millward Brown & China Internet Watch, Brand value of the leading Chinese bank brands in BrandZ China Top 100 ranking in 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1066904/china-brand-value-of-the-most-valuable-bank-companies/ (last visited November 21, 2024)
Brand value of the leading Chinese bank brands in BrandZ China Top 100 ranking in 2020 (in million U.S. dollars) [Graph], Kantar Millward Brown, & China Internet Watch, October 19, 2020. [Online]. Available: https://www.statista.com/statistics/1066904/china-brand-value-of-the-most-valuable-bank-companies/