The table below shows the 50 largest banks in Europe ranked by total assets. HSBC Holdings plc, headquartered in London, is the biggest European bank with total assets of over US$2.5 trillion. BNP Paribas and Credit Agricole are the second and third largest banking institutions in Europe in terms of total assets. The top 10 European banks include 4 French and 3 UK banking groups.

Rank Bank Country Total Assets, US$B (December 31, 2018)
1 HSBC Holdings plc * UK 2,558.12
2 BNP Paribas S.A. France 2,334.31
3 Credit Agricole Group France 2,121.48
4 Banco Santander S.A. Spain 1,669.11
5 Deutsche Bank AG Germany 1,541.84
6 Societe Generale S.A. France 1,497.72
7 Groupe BPCE France 1,457.12
8 Barclays plc UK 1,438.12
9 ING Groep N.V. Netherlands 1,014.58
10 Lloyds Banking Group plc UK 1,012.14
11 Credit Mutuel France 975.163
12 UBS Group AG Switzerland 959.627
13 UniCredit S.p.A. Italy 951.034
14 Intesa Sanpaolo S.p.A. Italy 901.314
15 Royal Bank of Scotland Group UK 880.977
16 Credit Suisse Group AG Switzerland 851.642
17 BBVA Spain 773.997
18 Standard Chartered plc UK 686.269
19 Rabobank Group Netherlands 675.342
20 European Investment Bank Luxembourg 637.424
21 Nordea Bank Abp ^ Finland 621.911
22 DZ Bank AG Germany 593.289
23 KfW Group Germany 560.043
24 Danske Bank A/S Denmark 548.050
25 Commerzbank AG Germany 528.436
26 Cassa Depositi e Prestiti Italy 486.210
27 Sberbank Rossia Russia 450.354
28 CaixaBank S.A. Spain 442.218
29 ABN AMRO Group N.V. Netherlands 436.125
30 Svenska Handelsbanken AB Sweden 331.422
31 KBC Group NV Belgium 324.620
32 Nationwide Building Society UK 302.446
33 DNB ASA Norway 301.848
34 Skandinaviska Enskilda Banken Sweden 285.723
35 La Banque Postale France 280.461
36 Landesbank Baden-Wurttemberg Germany 275.656
37 Erste Group Bank AG Austria 270.843
38 Banco Sabadell S.A. Spain 254.292
39 BayernLB Germany 251.865
40 Swedbank AB Sweden 249.953
41 Bankia S.A. Spain 234.734
42 Raiffeisen Schweiz Switzerland 228.512
43 Nykredit Group Denmark 221.761
44 VTB Bank Russia 213.078
45 Belfius Bank SA/NV Belgium 187.772
46 Landesbank Hessen-Thuringen Germany 186.439
47 Banco BPM Italy 183.540
48 Dexia S.A. Belgium 181.640
49 Norddeutsche Landesbank Germany 177.114
50 Zürcher Kantonalbank Switzerland 172.052
51 NRW.Bank Germany 170.541
52 OP Financial Group Finland 160.569
53 Raiffeisen Bank International AG Austria 160.264
54 BNG Bank Netherlands 157.283
55 Banca Monte dei Paschi di Siena Italy 149.244

* For the second quarter ended June 30, 2019, HSBC reported total assets of US$2.751 trillion.
^ In 2018, Nordea Bank, the Nordic region's largest bank, moved its administrative headquarters from Swedish capital Stockholm to Helsinki.