Here is our annual ranking of the top 100 largest banks in the world based on total assets. The world's four largest banks are located in China. Mitsubishi UFJ Financial, a Japanese financial institution, is ranked in fifth place. Industrial & Commercial Bank of China, headquartered in Beijing, is the world’s biggest bank by assets, deposits, number of branches and employees. It is also ranked first based on tier 1 capital in the World's Top 1,000 Banks by The Banker. China Construction Bank and Agricultural Bank are the second and third largest banks in the world with assets of US$3.4 trillion and US$3.3 trillion, respectively. The world’s top 10 banks hold around $29 trillion in total assets.

Rank Bank Country Total Assets, US$b Balance sheet
1 Industrial & Commercial Bank of China China 4,094.72 09/30/2018
2 China Construction Bank Corp China 3,391.31 09/30/2018
3 Agricultural Bank of China China 3,296.37 09/30/2018
4 Bank of China China 3,038.67 09/30/2018
5 Mitsubishi UFJ Financial Group Japan 2,784.23 12/31/2018
6 JPMorgan Chase & Co USA 2,622.53 12/31/2018
7 HSBC Holdings UK 2,558.12 12/31/2018
8 Bank of America USA 2,354.51 12/31/2018
9 BNP Paribas France 2,334.31 12/31/2018
10 China Development Bank China 2,320.51 12/31/2017
11 Credit Agricole Group France 2,121.48 12/31/2018
12 Citigroup Inc USA 1,917.29 12/31/2018
13 Japan Post Bank Japan 1,900.76 12/31/2018
14 Wells Fargo USA 1,895.88 12/31/2018
15 Sumitomo Mitsui Financial Group Japan 1,830.81 12/31/2018
16 Mizuho Financial Group Japan 1,827.49 12/31/2018
17 Banco Santander Spain 1,669.11 12/31/2018
18 Deutsche Bank Germany 1,541.84 12/31/2018
19 Societe Generale France 1,497.72 12/31/2018
20 Groupe BPCE France 1,457.12 12/31/2018
21 Barclays PLC UK 1,438.12 12/31/2018
22 Bank of Communications China 1,363.77 09/30/2018
23 Postal Savings Bank of China China 1,357.86 09/30/2018
24 ING Groep NV Netherlands 1,014.58 12/31/2018
25 Lloyds Banking Group UK 1,012.14 12/31/2018
26 Royal Bank of Canada Canada 1,001.34 01/31/2019
27 Toronto-Dominion Bank Canada 969.309 01/31/2019
28 UBS Group AG Switzerland 959.627 12/31/2018
29 Norinchukin Bank Japan 955.977 12/31/2018
30 Industrial Bank Co. Ltd China 951.355 09/30/2018
31 UniCredit S.p.A. Italy 951.034 12/31/2018
32 China Merchants Bank China 945.142 09/30/2018
33 Goldman Sachs Group USA 933.000 12/31/2018
34 Credit Mutuel France 930.136 12/31/2017
35 Agricultural Development Bank of China China 904.359 12/31/2017
36 Intesa Sanpaolo Italy 901.314 12/31/2018
37 Shanghai Pudong Development Bank China 885.340 09/30/2018
38 Royal Bank of Scotland Group UK 880.977 12/31/2018
39 China Minsheng Banking Corp China 866.313 09/30/2018
40 Morgan Stanley USA 853.531 12/31/2018
41 China CITIC Bank Corp China 851.642 09/30/2018
42 Credit Suisse Group Switzerland 780.919 12/31/2018
43 BBVA Spain 773.997 12/31/2018
44 Bank of Nova Scotia Canada 758.061 01/31/2019
45 European Investment Bank Group Luxembourg 698.221 06/30/2018
46 Commonwealth Bank of Australia Australia 689.350 12/31/2018
47 Standard Chartered Plc UK 686.269 12/31/2018
48 Rabobank Group Netherlands 675.342 12/31/2018
49 Australia & New Zealand Banking Group Australia 662.768 09/30/2018
50 China Everbright Bank China 632.463 09/30/2018
51 Nordea Finland 621.911 12/31/2018
52 Westpac Banking Corp Australia 618.915 09/30/2018
53 DZ Bank AG Germany 593.289 12/31/2018
54 Bank of Montreal Canada 591.182 01/31/2019
55 National Australia Bank Australia 567.275 09/30/2018
56 KfW Group Germany 551.083 09/30/2018
57 Danske Bank Denmark 548.050 12/31/2018
58 State Bank of India India 537.336 12/31/2018
59 Resona Holdings Japan 534.377 12/31/2018
60 Export-Import Bank of China (Eximbank) China 529.326 12/31/2017
61 Commerzbank Germany 528.436 12/31/2018
62 Sumitomo Mitsui Trust Holdings Japan 517.240 12/31/2018
63 Ping An Bank China 497.047 12/31/2018
64 Cassa Depositi e Prestiti (CDP) Italy 480.570 06/30/2018
65 U.S. Bancorp USA 467.374 12/31/2018
66 Canadian Imperial Bank of Commerce Canada 450.495 01/31/2019
67 Sberbank Russia Russia 450.354 12/31/2018
68 CaixaBank Spain 442.218 12/31/2018
69 ABN AMRO Group NV Netherlands 435.788 12/31/2018
70 KB Financial Group South Korea 429.344 12/31/2018
71 Shinhan Financial Group South Korea 411.451 12/31/2018
72 Nomura Holdings Japan 408.877 12/31/2018
73 DBS Group Holdings Singapore 402.775 12/31/2018
74 Itau Unibanco Holding SA Brazil 399.907 12/31/2018
75 Shinkin Central Bank (SCB) Japan 386.807 12/31/2018
76 PNC Financial Services Group USA 382.315 12/31/2018
77 Hua Xia Bank China 379.917 09/30/2018
78 Capital One Financial Corporation USA 372.538 12/31/2018
79 Bank of Beijing China 368.242 09/30/2018
80 Banco do Brasil SA Brazil 364.886 12/31/2018
81 Bank of New York Mellon Corp USA 362.873 12/31/2018
82 NongHyup Financial Group South Korea 347.978 12/31/2017
83 Hana Financial Group South Korea 344.673 12/31/2018
84 Oversea-Chinese Banking Corp (OCBC) Singapore 341.924 12/31/2018
85 Banco Bradesco SA Brazil 331.486 12/31/2018
86 Svenska Handelsbanken Sweden 331.422 12/31/2018
87 Caixa Economica Federal Brazil 330.064 09/30/2018
88 KBC Group NV Belgium 324.620 12/31/2018
89 Woori Financial Group South Korea 304.769 12/31/2018
90 Nationwide Building Society UK 302.446 12/31/2018
91 DnB ASA Norway 301.848 12/31/2018
92 Cathay Financial Holding Taiwan 301.797 09/30/2018
93 China Guangfa Bank (CGB) China 301.392 12/31/2017
94 Charles Schwab Corp USA 296.500 12/31/2018
95 Skandinaviska Enskilda Banken Sweden 285.723 12/31/2018
96 Bank of Shanghai China 284.732 09/30/2018
97 United Overseas Bank (UOB) Singapore 283.820 12/31/2018
98 Bank of Jiangsu China 281.971 09/30/2018
99 La Banque Postale France 280.461 12/31/2018
100 Landesbank Baden-Wurttemberg (LBBW) Germany 275.656 12/31/2018
101 Erste Group Bank AG Austria 270.843 12/31/2018

Exchange rate on December 30, 2018
Note: US banks use US GAAP accounting standard and have fewer derivative assets than non-US banks which use IFRS (International Financial Reporting Standards).

Updated as of March 25, 2019