Top 50 Banks in the World

Following are the 50 largest banks in the world ranked by total assets. Five of the top 10 banks are Chinese financial organizations. ICBC, a state-owned commercial bank, is the world's largest bank in terms of assets, deposits and loans. China Construction Bank and Agricultural Bank of China are the second and third largest banks globally. The top 10 banks hold over $40 trillion in combined assets.

Rank Bank Country Total Assets (US$b) Balance sheet
1 Industrial & Commercial Bank of China China 6,311.4 12/31/2023
2 Agricultural Bank of China China 5,630.2 12/31/2023
3 China Construction Bank China 5,411.6 12/31/2023
4 Bank of China China 4,579.6 12/31/2023
5 JPMorgan Chase & Co USA 3,875.4 12/31/2023
6 Bank of America USA 3,179.9 12/31/2023
7 HSBC Holdings UK 3,038.7 12/31/2023
8 BNP Paribas France 2,865.9 12/31/2023
9 Mitsubishi UFJ Financial Group Japan 2,814.3 12/31/2023
10 Credit Agricole Group France 2,728.3 12/31/2023
11 China Development Bank China 2,576.0 12/31/2022
12 Citigroup Inc USA 2,405.3 12/31/2023
13 Postal Savings Bank of China China 2,220.7 12/31/2023
14 Sumitomo Mitsui Financial Group Japan 2,025.6 12/31/2023
15 Banco Santander Spain 1,987.4 12/31/2023
16 Bank of Communications China 1,985.4 12/31/2023
17 Wells Fargo USA 1,932.5 12/31/2023
18 Mizuho Financial Group Japan 1,921.9 12/31/2023
19 Barclays plc UK 1,882.1 12/31/2023
20 Societe Generale France 1,718.5 12/31/2023
21 UBS Group AG Switzerland 1,717.6 12/31/2023
22 BPCE Group France 1,707.7 12/31/2023
23 Goldman Sachs Group USA 1,642.0 12/31/2023
24 Japan Post Bank Japan 1,624.2 12/31/2023
25 China Merchants Bank China 1,557.3 12/31/2023
26 Royal Bank of Canada Canada 1,491.6 01/31/2024
27 Deutsche Bank Germany 1,456.8 12/31/2023
28 Toronto-Dominion Bank Canada 1,443.6 01/31/2024
29 Industrial Bank Co. Ltd China 1,434.4 12/31/2023
30 Agricultural Development Bank of China China 1,283.5 12/31/2022
31 China CITIC Bank Corp China 1,278.3 12/31/2023
32 Shanghai Pudong Development Bank China 1,271.9 12/31/2023
33 Credit Mutuel Group France 1,263.6 12/31/2023
34 Morgan Stanley USA 1,193.7 12/31/2023
35 Groupe Caisse des Dépôts (CDC) France 1,158.6 12/31/2022
36 Lloyds Banking Group UK 1,122.8 12/31/2023
37 China Minsheng Banking Corp China 1,083.7 12/31/2023
38 ING Groep NV Netherlands 1,078.9 12/31/2023
39 Intesa Sanpaolo Italy 1,065.6 12/31/2023
40 Bank of Nova Scotia Canada 1,052.3 01/31/2024
41 Bank of Montreal Canada 1,000.8 01/31/2024
42 China Everbright Bank China 954.84 12/31/2023
43 NatWest Group plc UK 882.36 12/31/2023
44 Commonwealth Bank of Australia Australia 870.17 12/31/2023
45 UniCredit S.p.A. Italy 868.10 12/31/2023
46 BBVA Spain 857.68 12/31/2023
47 Export-Import Bank of China China 838.33 12/31/2022
48 Standard Chartered plc UK 822.84 12/31/2023
49 La Banque Postale France 816.31 12/31/2023
50 Ping An Bank China 788.92 12/31/2023

Exchange rate as of December 30, 2023

Last updated September 30, 2024