The Largest Banks in Germany
Following are the largest banks in Germany ranked by total assets. Deutsche Bank is the biggest German bank with assets of over €1.3 trillion. DZ Bank is the second largest German bank by assets and the central institution for cooperative financial network. The top 10 banks in Germany hold combined assets of over €4.7 trillion.
| Rank | Bank | Total Assets, EUR bn |
| 1 | Deutsche Bank AG | 1,336.79 |
| 2 | DZ Bank AG | 628.397 |
| 3 | KfW Group | 554.600 |
| 4 | Commerzbank AG | 477.438 |
| 5 | J.P. Morgan SE | 435.829 |
| 6 | Landesbank Baden-Wurttemberg (LBBW) | 324.174 |
| 7 | HypoVereinsbank (UniCredit Bank AG) | 318.006 |
| 8 | Bayerische Landesbank (BayernLB) | 259.343 |
| 9 | Landesbank Hessen-Thueringen | 211.500 |
| 10 | ING-DiBa AG * | 190.183 |
| 11 | NRW.BANK | 159.898 |
| 12 | DKB Deutsche Kreditbank ** | 121.035 |
| 13 | Norddeutsche Landesbank (Nord/LB) | 109.325 |
| 14 | DekaBank *** | 104.544 |
| 15 | Landwirtschaftliche Rentenbank | 97.437 |
| 16 | L-Bank **** | 93.200 |
| 17 | Bausparkasse Schwäbisch Hall AG | 85.599 |
| 18 | DZ HYP AG ^ | 77.224 |
| 19 | Volkswagen Bank GmbH | 61.225 |
| 20 | Hamburger Sparkasse AG | 57.006 |
Total assets as of December 31, 2022, unless otherwise noted.
* ING-DiBa AG is a subsidiary of ING Holding Deutschland GmbH.
** DKB Deutsche Kreditbank AG is a wholly-owned subsidiary of BayernLB.
*** Data as of June 30, 2023
**** L-Bank's full name is Landeskreditbank Baden-Württemberg - Förderbank.
^ DZ HYP AG, based in Hamburg, is a leading German real estate bank and a major covered bond issuer.
Last updated October 1, 2024