Following are the largest banks in the world ranked by total assets. The top 10 banks hold over $25 trillion in combined assets. Industrial and Commercial Bank of China (ICBC) is currently the largest bank in the world with assets of CNY17.542 trillion (US$2.811 trillion). ICBC occupied only the sixth position in December 2011. HSBC Holdings is the second largest financial institution in the world with assets of over $2.692 trillion. Deutsche Bank (DB) is the third largest bank in the world. DB also ranks among the ten largest asset and wealth managers globally with over $1.250 trillion in assets under management.
Rank | Bank | Country | Total assets, US$b | Balance sheet |
1 | Industrial & Commercial Bank of China (ICBC) | China | 2,811.34 | 31.12.2012 |
2 | HSBC Holdings | UK | 2,692.54 | 31.12.2012 |
3 | Deutsche Bank | Germany | 2,665.40 | 31.12.2012 |
4 | Crédit Agricole Group | France | 2,660.86 | 31.12.2012 |
5 | Mitsubishi UFJ Financial Group | Japan | 2,594.82 | 31.12.2012 |
6 | BNP Paribas | France | 2,527.22 | 31.12.2012 |
7 | Credit Agricole SA | France | 2,441.18 | 31.12.2012 |
8 | Barclays PLC | UK | 2,401.81 | 31.12.2012 |
9 | JPMorgan Chase & Co. | USA | 2,359.14 | 31.12.2012 |
10 | Japan Post Bank | Japan | 2,291.35 | 31.12.2012 |
11 | China Construction Bank Corporation | China | 2,239.31 | 31.12.2012 |
12 | Bank of America | USA | 2,209.97 | 31.12.2012 |
13 | Agricultural Bank of China | China | 2,122.56 | 31.12.2012 |
14 | Royal Bank of Scotland Group | UK | 2,114.90 | 31.12.2012 |
15 | Bank of China | China | 2,032.22 | 31.12.2012 |
16 | Mizuho Financial Group | Japan | 1,982.30 | 31.12.2012 |
17 | Citigroup Inc | USA | 1,864.66 | 31.12.2012 |
18 | Banco Santander | Spain | 1,682.30 | 31.12.2012 |
19 | Societe Generale | France | 1,657.21 | 31.12.2012 |
20 | Sumitomo Mitsui Financial Group | Japan | 1,651.79 | 31.12.2012 |
21 | ING Group | Netherlands | 1,539.85 | 31.12.2012 |
22 | Groupe BPCE | France | 1,520.50 | 31.12.2012 |
23 | Lloyds Banking Group | UK | 1,490.01 | 31.12.2012 |
24 | Wells Fargo | USA | 1,422.97 | 31.12.2012 |
25 | UBS | Switzerland | 1,380.13 | 31.12.2012 |
26 | UniCredit S.p.A. | Italy | 1,228.07 | 31.12.2012 |
27 | China Development Bank | China | 1,209.97 | 31.03.2013 |
28 | Credit Suisse Group | Switzerland | 1,013.02 | 31.12.2012 |
29 | Rabobank Group | Netherlands | 996.966 | 31.12.2012 |
30 | Goldman Sachs | USA | 938.555 | 31.12.2012 |
31 | Norinchukin Bank | Japan | 933.705 | 31.12.2012 |
32 | Nordea Bank | Sweden | 897.602 | 31.12.2012 |
33 | Intesa Sanpaolo | Italy | 892.371 | 31.12.2012 |
34 | Bank of Communications | China | 845.120 | 31.12.2012 |
35 | BBVA (Banco Bilbao Vizcaya Argentaria) | Spain | 845.084 | 31.12.2012 |
36 | Commerzbank | Germany | 842.557 | 31.12.2012 |
37 | Royal Bank of Canada | Canada | 842.048 | 31.01.2013 |
38 | Toronto-Dominion Bank | Canada | 822.843 | 31.01.2013 |
39 | National Australia Bank | Australia | 790.586 | 31.12.2012 |
40 | Morgan Stanley | USA | 780.960 | 31.12.2012 |
41 | Commonwealth Bank of Australia | Australia | 748.013 | 31.12.2012 |
42 | Bank of Nova Scotia (Scotiabank) | Canada | 740.285 | 31.01.2013 |
43 | Westpac Banking Corporation | Australia | 702.562 | 31.12.2012 |
44 | Natixis | France | 700.106 | 31.12.2012 |
45 | Australia and New Zealand Banking Group | Australia | 697.498 | 31.12.2012 |
46 | KfW Bankengruppe | Germany | 677.885 | 31.12.2012 |
47 | Standard Chartered | UK | 636.518 | 31.12.2012 |
48 | Danske Bank A/S | Denmark | 619.071 | 31.12.2012 |
49 | Banco do Brasil S.A. | Brazil | 563.494 | 31.12.2012 |
50 | Bank of Montreal (BMO) | Canada | 545.154 | 31.01.2013 |
51 | DZ Bank | Germany | 539.552 | 31.12.2012 |
52 | Banque Federative du Credit Mutuel (BFCM Group) | France | 509.891 | 30.06.2012 |
53 | Dexia SA | Belgium | 473.314 | 31.12.2012 |
54 | Landesbank Baden-Wurttemberg (LBBW) | Germany | 445.608 | 31.12.2012 |
* The exchange rate on December 28, 2012