approved banks
Analyses of Tier 1 Banks
The listed banks below are accepted by monetizers and trading platforms for those seeking LTV on hard assets for trade.
(As of January, 2024)
| 1 | 1 | NC | Industrial and Commercial Bank of China Ltd. (1398-SEHK) | China | IFRS | 5,742.86 | |
| 2 | 2 | NC | China Construction Bank Corp. (939-SEHK) | China | IFRS | 5,016.81 | |
| 3 | 3 | NC | Agricultural Bank of China Ltd. (1288-SEHK) | China | IFRS | 4,919.03 | |
| 4 | 4 | NC | Bank of China Ltd. (3988-SEHK) | China | IFRS | 4,192.12 | |
| 5 | 5 | NC | JPMorgan Chase & Co. (JPM-NYSE) | U.S. | U.S. GAAP | 3,665.74 | |
| 6 | 7 | ▲ | Bank of America Corp. (BAC-NYSE) | U.S. | U.S. GAAP | 3,051.38 | |
| 7 | 6 | Mitsubishi UFJ Financial Group Inc. (8306-TSE) | Japan | Japanese GAAP | 2,967.91 | ||
| 8 | 8 | NC | HSBC Holdings PLC (HSBA-LSE) | U.K. | IFRS | 2,864.59 | |
| 9 | 9 | NC | BNP Paribas SA (BNP-ENXTPA) | France | IFRS | 2,849.61 | |
| 10 | 10 | NC | Crédit Agricole Group | France | IFRS | 2,542.61 | |
| 11 | 11 | NC | Citigroup Inc. (C-NYSE) | U.S. | U.S. GAAP | 2,416.68 | |
| 12 | 14 | ▲ | Postal Savings Bank of China Co. Ltd. (1658-SEHK) | China | IFRS | 2,039.56 | |
| 13 | 12 | Sumitomo Mitsui Financial Group Inc. (8316-TSE) | Japan | Japanese GAAP | 2,006.75 | ||
| 14 | 15 | ▲ | Mizuho Financial Group Inc. (8411-TSE) | Japan | Japanese GAAP | 1,909.35 | |
| 15 | 18 | ▲ | Bank of Communications Co. Ltd. (3328-SEHK) | China | IFRS | 1,883.72 | |
| 16 | 16 | NC | Wells Fargo & Co. (WFC-NYSE) | U.S. | U.S. GAAP | 1,881.02 | |
| 17 | 19 | ▲ | Banco Santander SA (SAN-BME) | Spain | IFRS | 1,853.86 | |
| 18 | 17 | Barclays PLC (BARC-LSE) | U.K. | IFRS | 1,823.84 | ||
| 19 | 13 | JAPAN POST BANK Co. Ltd. (7182-TSE) | Japan | Japanese GAAP | 1,719.92 | ||
| 20 | 34 | ▲ | UBS Group AG (UBSG-SWX) | Switzerland | IFRS | 1,679.36 | |
| 21 | 20 | Groupe BPCE | France | IFRS | 1,636.35 | ||
| 22 | 21 | Société Générale SA (GLE-ENXTPA) | France | IFRS | 1,588.99 | ||
| 23 | 26 | ▲ | Royal Bank of Canada (RY-TSX)* | Canada | IFRS | 1,544.17 | |
| 24 | 23 | The Toronto-Dominion Bank (TD-TSX)* | Canada | IFRS | 1,524.83 | ||
| 25 | 25 | NC | China Merchants Bank Co. Ltd. (600036-SHSE) | China | IFRS | 1,470.00 | |
| 26 | 24 | Goldman Sachs Group Inc. (GS-NYSE) | U.S. | U.S. GAAP | 1,441.80 | ||
| 27 | 22 | Deutsche Bank AG (DBK-XTRA) | Germany | IFRS | 1,428.65 | ||
| 28 | 27 | Industrial Bank Co. Ltd. (601166-SHSE) | China | PRC GAAP | 1,343.54 | ||
| 29 | 28 | China Citic Bank Corp. Ltd. (998-SEHK) | China | IFRS | 1,239.28 | ||
| 30 | 29 | Shanghai Pudong Development Bank Co. Ltd. (600000-SHSE)** | China | IFRS | 1,184.28 | ||
| 31 | 33 | ▲ | Morgan Stanley (MS-NYSE) | U.S. | U.S. GAAP | 1,180.23 | |
| 32 | 30 | Crédit Mutuel Group | France | IFRS | 1,180.22 | ||
| 33 | 32 | Lloyds Banking Group PLC (LLOY-LSE) | U.K. | IFRS | 1,057.69 | ||
| 34 | 35 | ▲ | China Minsheng Banking Corp. Ltd. (600016-SHSE) | China | IFRS | 1,051.97 | |
| 35 | 31 | Intesa Sanpaolo SpA (ISP-BIT) | Italy | IFRS | 1,042.73 | ||
| 36 | 36 | NC | ING Groep NV (INGA-ENXTAM) | Netherlands | IFRS | 1,034.32 | |
| 37 | 39 | ▲ | The Bank of Nova Scotia (BNS-TSX)* | Canada | IFRS | 1,029.80 | |
| 38 | 38 | NC | UniCredit SpA (UCG-BIT) | Italy | IFRS | 916.72 | |
| 39 | 40 | ▲ | China Everbright Bank Co. Ltd. (601818-SHSE) | China | IFRS | 913.49 | |
| 40 | 37 | NatWest Group PLC (NWG-LSE) | U.K. | IFRS | 867.59 | ||
| 41 | 42 | ▲ | Bank of Montreal (BMO-TSX)* | Canada | IFRS | 859.05 | |
| 42 | 44 | ▲ | Commonwealth Bank of Australia (CBA-ASX) | Australia | Australian IFRS | 837.21 | |
| 43 | 46 | ▲ | Standard Chartered PLC (STAN-LSE) | U.K. | IFRS | 819.92 | |
| 44 | 43 | La Banque Postale SA | France | IFRS | 796.88 | ||
| 45 | 48 | ▲ | Ping An Bank Co. Ltd. (000001-SZSE) | China | PRC GAAP | 771.55 | |
| 46 | 47 | ▲ | Banco Bilbao Vizcaya Argentaria SA (BBVA-BME) | Spain | IFRS | 762.15 | |
| 47 | 41 | The Norinchukin Bank | Japan | Japanese GAAP | 753.26 | ||
| 48 | 53 | ▲ | State Bank of India (SBIN-NSEI) | India | Indian GAAP | 694.94 | |
| 49 | 55 | ▲ | Canadian Imperial Bank of Commerce (CM-TSX)* | Canada | IFRS | 691.31 | |
| 50 | 56 | ▲ | National Australia Bank Ltd. (NAB-ASX)** | Australia | Australian IFRS | 679.76 | |
| 51 | 60 | ▲ | U.S. Bancorp (USB-NYSE) | U.S. | U.S. GAAP | 674.81 | |
| 52 | 50 | Rabobank | Netherlands | IFRS | 671.70 | ||
| 53 | 51 | DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main | Germany | IFRS | 670.13 | ||
| 54 | 52 | ANZ Group Holdings Ltd. (ANZ-ASX)** | Australia | Australian IFRS | 669.66 | ||
| 55 | 54 | Westpac Banking Corp. (WBC-ASX)** | Australia | Australian IFRS | 653.39 | ||
| 56 | 58 | ▲ | Nordea Bank Abp (NDA SE-OM) | Finland | IFRS | 635.72 | |
| 57 | 49 | CaixaBank SA (CABK-BME) | Spain | IFRS | 604.03 | ||
| 58 | 65 | ▲ | Sberbank of Russia (SBER-MISX) | Russia | IFRS | 566.07 | |
| 59 | 61 | ▲ | KB Financial Group Inc. (A105560-KOSE) | South Korea | Korean IFRS | 557.54 | |
| 60 | 62 | ▲ | PNC Financial Services Group Inc. (PNC-NYSE) | U.S. | U.S. GAAP | 557.26 | |
| 61 | 57 | Resona Holdings Inc. (8308-TSE) | Japan | Japanese GAAP | 557.10 | ||
| 62 | 67 | ▲ | Truist Financial Corp. (TFC-NYSE) | U.S. | U.S. GAAP | 555.26 | |
| 63 | 69 | ▲ | DBS Group Holdings Ltd. (D05-SGX) | Singapore | Singapore FRS | 554.40 | |
| 64 | 59 | Danske Bank A/S (DANSKE-CPSE) | Denmark | IFRS | 540.66 | ||
| 65 | 64 | Hua Xia Bank Co. Ltd. (600015-SHSE)** | China | PRC GAAP | 540.04 | ||
| 66 | 66 | NC | Shinhan Financial Group Co. Ltd. (A055550-KOSE) | South Korea | Korean IFRS | 537.44 | |
| 67 | 70 | ▲ | China Guangfa Bank Co. Ltd. | China | PRC GAAP | 528.91 | |
| 68 | 63 | Sumitomo Mitsui Trust Holdings Inc. (8309-TSE) | Japan | Japanese GAAP | 516.83 | ||
| 69 | 68 | Commerzbank AG (CBK-XTRA) | Germany | IFRS | 510.25 | ||
| 70 | 71 | ▲ | Capital One Financial Corp. (COF-NYSE) | China | PRC GAAP | 455.25 | |
| 71 | 74 | ▲ | Hana Financial Group Inc. (A086790-KOSE) | U.S. | U.S. GAAP | 452.34 | |
| 72 | 76 | ▲ | Bank of Beijing Co. Ltd. (601169-SHSE)** | South Korea | Korean IFRS | 447.54 | |
| 73 | 84 | ▲ | Itaú Unibanco Holding SA (ITUB4-BOVESPA) | Brazil | IFRS | 439.50 | |
| 74 | 78 | ▲ | Oversea-Chinese Banking Corp. Ltd. (O39-SGX) | Singapore | Singapore FRS | 417.61 | |
| 75 | 75 | NC | NongHyup Financial Group Inc. | South Korea | Korean IFRS | 417.37 | |
| 76 | 79 | ▲ | Bank of Jiangsu Co. Ltd. (600919-SHSE)** | China | PRC GAAP | 410.83 | |
| 77 | 73 | The Bank of New York Mellon Corp. (BK-NYSE) | U.S. | U.S. GAAP | 405.78 | ||
| 78 | 72 | ABN AMRO Bank NV (ABN-ENXTAM) | Netherlands | IFRS | 405.67 | ||
| 79 | 77 | Bank of Shanghai Co. Ltd. (601229-SHSE)** | China | PRC GAAP | 405.13 | ||
| 80 | 83 | ▲ | Woori Financial Group Inc. (A316140-KOSE) | South Korea | Korean IFRS | 382.05 | |
| 81 | 80 | KBC Group NV (KBC-ENXTBR) | Belgium | IFRS | 380.33 | ||
| 82 | 87 | ▲ | China Zheshang Bank Co. Ltd. (2016-SEHK) | China | IFRS | 380.14 | |
| 83 | 90 | ▲ | Banco do Brasil SA (BBAS3-BOVESPA) | Brazil | IFRS | 379.78 | |
| 84 | 91 | ▲ | United Overseas Bank Ltd. (U11-SGX) | Singapore | Singapore FRS | 376.07 | |
| 85 | 81 | Nomura Holdings Inc. (8604-TSE) | Japan | U.S. GAAP | 373.41 | ||
| 86 | 93 | ▲ | Landesbank Baden-Württemberg | Germany | IFRS | 346.45 | |
| 87 | 88 | ▲ | Erste Group Bank AG (EBS-WBAG) | Austria | IFRS | 346.12 | |
| 88 | 92 | ▲ | Industrial Bank of Korea (A024110-KOSE) | South Korea | Korean IFRS | 343.49 | |
| 89 | - | ▲ | Bank of Ningbo Co. Ltd. (002142-SZSE) | China | PRC GAAP | 343.05 | |
| 90 | 99 | ▲ | Banco Bradesco SA (BBDC4-BOVESPA) | Brazil | IFRS | 340.41 | |
| 91 | 86 | Skandinaviska Enskilda Banken AB (publ) (SEB A-OM) | Sweden | IFRS | 338.91 | ||
| 92 | - | ▲ | VTB Bank PJSC (VTBR-MISX) | Russia | IFRS | 335.11 | |
| 93 | 85 | Svenska Handelsbanken AB (publ) (SHB A-OM) | Sweden | IFRS | 331.32 | ||
| 94 | 89 | DNB Bank ASA (DNB-OB) | Norway | IFRS | 328.50 | ||
| 95 | 100 | ▲ | Qatar National Bank (QPSC) (QNBK-DSM)*** | Qatar | IFRS | 323.56 | |
| 96 | - | ▲ | National Bank of Canada (NA-TSX)* | Canada | IFRS | 313.67 | |
| 97 | - | ▲ | Macquarie Group Ltd. (MQG-ASX)** | Australia | Australian IFRS | 313.47 | |
| 98 | 82 | Nationwide Building Society (NBS-LSE)** | U.K. | IFRS | 311.93 | ||
| 99 | 96 | Raiffeisen Gruppe Switzerland | Switzerland | Swiss GAAP | 303.50 | ||
| 100 | - | ▲ | First Abu Dhabi Bank PJSC (FAB-ADX) | UAE | IFRS | 302.22 |