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Feb 27, 2008

SBI, ICICI Bank among top 100 global banking brands

Indian banks, barring SBI, and ICICI Bank, come a cropper in the global stage when it comes to their brand value, while their counterparts in China have fared better, according to the findings of a study. In a study by London-based consultancy Brand Finance, only two Indian Banks - the country's biggest lender SBI and ICICI Bank, the largest in the private sector, figure among the top 100 global banking brands. Compared to the Indian brands in top 100, three Chinese banks find a place in the top 25 brands. According to the study, SBI has a brand value of $2,852 million, while for ICICI Bank it is $2,603 million. Industrial & Commercial Bank of China has a brand value of $8,427 million, China Construction Bank is at $7,786 million, Bank of China at $6,741 million.

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