Top 100 Banks in the World

Following is our annual ranking of the 100 largest banks in the world. The four largest banks are located in China. Industrial & Commercial Bank of China (ICBC), headquartered in Beijing, is the largest bank in the world in terms of total assets, deposits, loans and number of customers and employees. It also ranks first based on tier 1 capital according to the World's Top 1,000 Banks by The Banker. ABC and China Construction Bank are the second and third largest banks in the world, respectively. The top 100 banks include 24 Chinese financial institutions, 12 U.S. banks, 6 UK banks, 6 French banks, 5 Canadian banks, 5 German banks, 5 South Korean banks and 8 banks from Japan.

Rank Company Country Total Assets, US$b (2024) ^
1 Industrial & Commercial Bank of China (ICBC) China 6,688.1
2 Agricultural Bank of China (ABC) China 5,923.2
3 China Construction Bank (CCB) China 5,557.8
4 Bank of China (BOC) China 4,803.1
5 JPMorgan Chase & Co USA 4,002.8
6 Bank of America USA 3,261.5
7 HSBC Holdings UK 3,017.1
8 BNP Paribas France 2,819.4
9 Credit Agricole Group France 2,711.8
10 Mitsubishi UFJ Financial Group Japan 2,617.0
11 China Development Bank *** China 2,555.5
12 Citigroup Inc USA 2,353.0
13 Postal Savings Bank of China China 2,340.5
14 Bank of Communications China 2,041.3
15 Sumitomo Mitsui Financial Group Japan 1,968.8
16 Wells Fargo & Company USA 1,929.8
17 Banco Santander Spain 1,914.8
18 Barclays plc UK 1,908.9
19 Mizuho Financial Group Japan 1,807.6
20 Goldman Sachs USA 1,676.0
21 China Merchants Bank China 1,664.7
22 BPCE Group France 1,651.6
23 Societe Generale France 1,640.1
24 UBS Group AG Switzerland 1,572.0
25 Japan Post Bank Japan 1,540.4
26 Royal Bank of Canada (RBC) * Canada 1,519.7
27 Toronto-Dominion Bank * Canada 1,452.1
28 Deutsche Bank Germany 1,445.9
29 Industrial Bank Co. Ltd China 1,439.5
30 Agricultural Development Bank of China *** China 1,365.0
31 China CITIC Bank China 1,305.9
32 Shanghai Pudong Development Bank China 1,290.0
33 Credit Mutuel Group France 1,218.6
34 Morgan Stanley USA 1,215.1
35 Lloyds Banking Group UK 1,140.0
36 China Minsheng Banking Corp China 1,070.6
37 ING Groep NV Netherlands 1,063.7
38 Bank of Montreal * Canada 1,018.2
39 Bank of Nova Scotia * Canada 998.17
40 Intesa Sanpaolo Italy 972.78
41 China Everbright Bank China 954.89
42 NatWest Group plc UK 890.17
43 Export-Import Bank of China *** China 874.81
44 Standard Chartered plc UK 849.69
45 State Bank of India India 848.39
46 UniCredit S.p.A. Italy 817.18
47 Commonwealth Bank of Australia Australia 813.29
48 BBVA Spain 805.09
49 Ping An Bank China 790.33
50 La Banque Postale France 772.11
51 ANZ Group Holdings ** Australia 764.20
52 Canadian Imperial Bank of Commerce * Canada 750.78
53 DZ Bank Group Germany 687.55
54 U.S. Bancorp USA 678.32
55 National Australia Bank (NAB) ** Australia 671.46
56 Westpac Banking Corporation ** Australia 669.71
57 CaixaBank Spain 657.71
58 Rabobank Group Netherlands 655.88
59 Nordea Bank Abp Finland 649.74
60 DBS Group Holdings Singapore 608.62
61 European Investment Bank (EIB) **** Luxembourg 602.48
62 Hua Xia Bank ** China 595.31
63 Bank of Beijing China 578.98
64 Commerzbank Germany 578.12
65 Sberbank Russia 575.24
66 KfW Group Germany 568.48
67 PNC Financial USA 560.04
68 Norinchukin Bank Japan 558.39
69 Truist Financial Corporation  USA 531.18
70 Bank of Jiangsu ** China 528.35
71 Danske Bank Denmark 519.19
72 KB Financial Group South Korea 513.79
73 Shinhan Financial Group South Korea 501.53
74 NongHyup Financial Group South Korea 497.10
75 Sumitomo Mitsui Trust Holdings Japan 496.05
76 HDFC Bank Ltd India  495.09
77 Capital One Financial USA 490.14
78 Resona Holdings Japan 489.05
79 Cassa Depositi e Prestiti (CDP) **** Italy 488.22
80 China Guangfa Bank (CGB) *** China 480.77
81 Charles Schwab USA 479.84
82 Itau Unibanco Holding SA Brazil 461.83
83 Oversea-Chinese Banking Corp (OCBC) Singapore 459.87
84 China ZheShang Bank (CZBank) China 456.39
85 Bank of Shanghai ** China 442.06
86 Hana Financial Group South Korea 432.44
87 Bank of Ningbo China 430.13
88 Cathay Financial Holding Taiwan 418.75
89 Bank of New York Mellon Corp USA 416.06
90 ABN AMRO Bank NV Netherlands 401.34
91 United Overseas Bank (UOB) Singapore 395.58
92 KBC Group NV Belgium 388.84
93 Banco do Brasil SA Brazil 386.55
94 Nomura Holdings Japan 383.37
95 Landesbank Baden-Wurttemberg Germany 371.48
96 Erste Group Bank AG Austria 368.71
97 Fubon Financial Holding Taiwan 366.59
98 Woori Financial Group South Korea 356.44
99 Nationwide Building Society ** UK 355.01
100 Bank of Nanjing ** China 348.92
101 Qatar National Bank Qatar 343.00
102 Skandinaviska Enskilda Banken Sweden 341.29
103 VTB Group Russia 340.96
104 Raiffeisen Schweiz  Switzerland 338.72
105 National Bank of Canada * Canada 335.58
106 Banco Bradesco Brazil 333.50
107 First Abu Dhabi Bank (FAB) UAE 330.28
108 Caixa Economica Federal Brazil 327.15

^ Total assets as of December 31, 2024, unless otherwise noted
* Assets as of January 31, 2025
** Assets as of September 30, 2024
*** Assets as of December 31, 2023
**** Assets as of June 30, 2024

Last updated April 17, 2025