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$2.7 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 (June 30, 2019)
1 HSBC Holdings plc UK 2,751.30
2 BNP Paribas S.A. France 2,696.89
3 Credit Agricole Group France 2,221.13
4 Banco Santander S.A. Spain 1,718.76
5 Deutsche Bank AG Germany 1,632.37
6 Societe Generale S.A. France 1,578.39
7 Barclays plc UK 1,564.42
8 Groupe BPCE France 1,521.57
9 Lloyds Banking Group plc UK 1,043.42
10 ING Groep N.V. Netherlands 1,038.22
11 Credit Mutuel * France 969.084
12 UBS Group AG Switzerland 968.728
13 UniCredit S.p.A. Italy 945.917
14 Intesa Sanpaolo S.p.A. Italy 941.578
15 Royal Bank of Scotland Group UK 926.189
16 Credit Suisse Group AG Switzerland 802.694
17 BBVA Spain 792.971
18 Standard Chartered plc UK 712.504
19 European Investment Bank Luxembourg 700.033
20 Rabobank Group Netherlands 689.770
21 Nordea Bank Abp ^ Finland 662.537
22 DZ Bank AG Germany 637.425
23 KfW Group Germany 590.045
24 Commerzbank AG Germany 588.829
25 Danske Bank A/S Denmark 575.277
26 Sberbank of Russia Russia 498.790
27 Cassa Depositi e Prestiti (CDP Group) Italy 498.316
28 CaixaBank S.A. Spain 461.496
29 ABN AMRO Group N.V. Netherlands 450.344
30 DNB ASA Norway 336.925
31 Svenska Handelsbanken AB Sweden 333.941
32 KBC Group NV Belgium 329.121
33 Skandinaviska Enskilda Banken Sweden 313.171
34 Nationwide Building Society UK 302.399
35 Landesbank Baden-Wurttemberg Germany 301.218
36 La Banque Postale France 299.163
37 Erste Group Bank AG Austria 282.190
38 BayernLB Germany 273.166
39 Swedbank AB Sweden 266.684
40 Banco Sabadell S.A. Spain 255.583
41 Landesbank Hessen-Thuringen Germany 242.097
42 Raiffeisen Schweiz Switzerland 240.511
43 Bankia S.A. Spain 238.615
44 VTB Bank Russia 237.922
45 Nykredit Group Denmark 234.577
46 Belfius Bank SA/NV Belgium 195.157
47 Banco BPM Italy 190.755
48 BNG Bank Netherlands 180.254
49 Zürcher Kantonalbank Switzerland 174.632
50 NRW.Bank * Germany 169.458
51 Raiffeisen Bank International AG Austria 168.943
52 NORD/LB (Norddeutsche Landesbank) Germany 165.162
53 OP Financial Group Finland 163.983
54 Dexia S.A. Belgium 153.034
55 Banca Monte dei Paschi di Siena (MPS) Italy 149.516

^ In 2018, Nordea Bank, the Nordic region's largest bank, moved its administrative headquarters from Swedish capital Stockholm to Helsinki.
* Data as of December 31, 2018.