![A man passes by an Industrial and Commercial Bank of China (ICBC) branch in Beijing Tuesday, Jan. 19, 2021. Profit at state-owned companies that dominate China's banking, oil and most other industries rose by as much as 25% last year as the country recovered from the coronavirus pandemic, according to the. State-Owned Assets Supervision and Administration Commission which oversees 97 companies directly under the Cabinet including PetroChina Ltd., Asia's biggest oil producer; China Mobile Ltd., the world's biggest phone carrier by number of subscribers, and Industrial and Commercial Bank of China Ltd., the world's biggest bank by assets. (AP Photo/Ng Han Guan)](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/PKCLWPU43GBM4FPYQ2L5CVFYAE.jpg?smart=true&auth=eb35f3d422ebfd0552f80f4eacba16c20061665ef00354a30b2f58ecb59dc0ad&width=400&height=225)
The Industrial and Commercial Bank of China retained the title of world’s most valuable banking brand at $72.8 billion. AP
The Industrial and Commercial Bank of China retained the title of world’s most valuable banking brand at $72.8 billion. AP
China's largest lender ICBC remains world's most valuable banking brand, report shows
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