The market capitalization of Industrial and Commercial Bank of China (ICBC) fell from 267.3 billion U.S. dollars in December 2019 to 230.42 billion U.S. dollars in May 2020.The novel coronavirus (COVID-19) first appeared in Wuhan, China in late December 2019, and has since had a significant impact on the global financial markets. The market capitalization of the largest global banks have taken a hit, with the exception of Japan Post Bank which has remained steady.
Monthly market capitalization of the largest global banks during the coronavirus outbreak from December 2019 to May 2020
(in billion U.S. dollars)
These banks are the largest banks globally in terms of assets.
China Development Bank was the fifth largest bank in terms of assets globally as of February 2020, but no market cap figures were available, so not included.
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Statista. (June 6, 2020). Monthly market capitalization of the largest global banks during the coronavirus outbreak from December 2019 to May 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 09, 2020, from https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/
Statista. "Monthly market capitalization of the largest global banks during the coronavirus outbreak from December 2019 to May 2020 (in billion U.S. dollars)." Chart. June 6, 2020. Statista. Accessed July 09, 2020. https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/
Statista. (2020). Monthly market capitalization of the largest global banks during the coronavirus outbreak from December 2019 to May 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 09, 2020. https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/
Statista. "Monthly Market Capitalization of The Largest Global Banks during The Coronavirus Outbreak from December 2019 to May 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Jun 2020, https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/
Statista, Monthly market capitalization of the largest global banks during the coronavirus outbreak from December 2019 to May 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/ (last visited July 09, 2020)
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