Banks around the World

Top Banks in the World, 2011

Below is a list of the largest banks in the world as of December 31, 2011. The top 10 banks have about $24.7 trillion in combined assets. Two of the Top 5 largest banks are Japanese institutions. Deutsche Bank is currently the largest bank in the world in terms of total assets. The Bank employs over 100,000 people and serves over 20 million customers through a network of about 3,100 branches worldwide. With a market share of 15.6%, Deutsche Bank is also the largest currency trader in the world. Mitsubishi UFJ Financial Group (MUFG) is the second largest bank in the world by assets. The company's main subsidiaries include: Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking, Mitsubishi UFJ Securities and UnionBanCal Corporation. HSBC Holdings is the third largest global financial institution with about 90 million customers worldwide.

Rank Bank Country Total Assets ($b) Date
1 Deutsche Bank Germany 2,802.71 31/12/2011
2 Mitsubishi UFJ Financial Group Japan 2,741.52 31/12/2011
3 HSBC Holdings UK 2,555.58 31/12/2011
4 BNP Paribas France 2,545.34 31/12/2011
5 Japan Post Bank Japan 2,542.77 31/12/2011
6 Industrial & Commercial Bank of China China 2,455.59 31/12/2011
7 Crédit Agricole Group France 2,434.24 31/12/2011
8 Barclays PLC UK 2,430.74 31/12/2011
9 Royal Bank of Scotland Group UK 2,342.66 31/12/2011
10 JPMorgan Chase & Co. USA 2,265.79 31/12/2011
11 Bank of America USA 2,129.05 31/12/2011
12 Mizuho Financial Group Japan 2,098.18 31/12/2011
13 China Construction Bank China 1,948.66 31/12/2011
14 Bank of China China 1,876.98 31/12/2011
15 Citigroup Inc USA 1,874.91 31/12/2011
16 Agricultural Bank of China China 1,852.79 31/12/2011
17 Sumitomo Mitsui Financial Group Japan 1,805.09 31/12/2011
18 ING Group Netherlands 1,656.74 31/12/2011
19 Santander Group Spain 1,620.92 31/12/2011
20 Societe Generale France 1,530.09 31/12/2011
21 UBS Switzerland 1,510.95 31/12/2011
22 Lloyds Banking Group UK 1,508.86 31/12/2011
23 Groupe BPCE France 1,473.88 31/12/2011
24 Wells Fargo USA 1,313.87 31/12/2011
25 UniCredit S.p.A. Italy 1,200.31 31/12/2011
26 Credit Suisse Group Switzerland 1,117.02 31/12/2011
27 China Development Bank China 992.002 31/12/2011
28 Rabobank Group Netherlands 947.618 31/12/2011
29 Norinchukin Bank Japan 927.620 31/12/2011
30 Nordea Sweden 927.588 31/12/2011
31 Goldman Sachs Group USA 923.225 31/12/2011
32 Commerzbank Germany 857.132 31/12/2011
33 Intesa Sanpaolo Italy 827.889 31/12/2011
34 BBVA Spain 774.097 31/12/2011
35 National Australia Bank Australia 772.699 31/12/2011
36 Royal Bank of Canada Canada 735.665 31/10/2011
37 Bank of Communications China 731.618 31/12/2011
38 Commonwealth Bank of Australia Australia 716.693 31/12/2011
39 Toronto-Dominion Bank Canada 671.717 31/10/2011
40 Westpac Banking Corporation Australia 667.632 31/12/2011
41 Natixis France 657.564 31/12/2011
42 KfW Germany 640.841 31/12/2011
43 Standard Chartered UK 599.070 31/12/2011
44 Danske Bank Group Denmark 596.785 31/12/2011
45 Bank of Nova Scotia Canada 562.983 31/10/2011

 Note: The exchange rate on December 30, 2011, has been used for translation.