approved banks
Analyses of Tier One 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 |