Industrial and Commercial Bank of China Ltd. (ICBC; simplified Chinese: ??????; traditional Chinese: ??????; pinyin: Zhongguó Gongshang Yínháng, more commonly just ?? Gongháng) is a Chinese multinational banking company, and the largest bank in the world by total assets and by market capitalization. It is one of Chinas 'Big Four' state-owned commercial banks (the other three being the Bank of China, Agricultural Bank of China, and China Construction Bank). It was founded as a limited company on January 1, 1984. As of June 2015, it had assets worth US$3.616 trillion. Generally considered the largest bank in the world by assets; it is the first Chinese bank to achieve such a feat. It ranks number 1 in The Bankers Top 1000 World Banks ranking, and first on the Forbes Global 2000 list of the worlds biggest public companies. Industrial and Commercial Bank of China (ICBC) opens its very first office branch on 1 January 1984 in Beijing as a local state-run bank. ICBC opened a branch in Luxembourg which became the European headquarters of the bank in 2011. ICBC (Europe) S.A. operates a network covering branches in major European cities, namely Paris, Amsterdam, Brussels, Milan, Madrid, Barcelona, Warsaw and Lisbon.