Following are the largest banks in the world in terms of total assets. For the fourth year in a row, Industrial & Commercial Bank of China (ICBC) is the world’s largest bank with assets of CNY 22.2 trillion ($3.4 trillion). Five of the top 10 banks are Chinese financial institutions.
Rank | Bank | Country | Total assets, US$b | Balance sheet |
1 | Industrial & Commercial Bank of China | China | 3,426.80 | 12.31.2015 |
2 | China Construction Bank Corp | China | 2,831.19 | 12.31.2015 |
3 | Agricultural Bank of China | China | 2,745.08 | 12.31.2015 |
4 | Bank of China | China | 2,594.52 | 12.31.2015 |
5 | Mitsubishi UFJ Financial Group | Japan | 2,455.60 | 12.31.2015 |
6 | HSBC Holdings | UK | 2,409.66 | 12.31.2015 |
7 | JPMorgan Chase & Co | US | 2,351.70 | 12.31.2015 |
8 | BNP Paribas | France | 2,180.45 | 12.31.2015 |
9 | Bank of America | US | 2,144.32 | 12.31.2015 |
10 | China Development Bank | China | 1,897.80 | 12.31.2015 |
11 | Credit Agricole Group | France | 1,857.57 | 12.31.2015 |
12 | Wells Fargo | US | 1,787.63 | 12.31.2015 |
13 | Deutsche Bank | Germany | 1,781.29 | 12.31.2015 |
14 | Citigroup Inc | US | 1,731.21 | 12.31.2015 |
15 | Japan Post Bank | Japan | 1,728.10 | 12.31.2015 |
16 | Barclays PLC | UK | 1,659.77 | 12.31.2015 |
17 | Mizuho Financial Group | Japan | 1,623.39 | 12.31.2015 |
18 | Sumitomo Mitsui Financial Group | Japan | 1,556.33 | 12.31.2015 |
19 | Banco Santander | Spain | 1,465.44 | 12.31.2015 |
20 | Societe Generale | France | 1.459.02 | 12.31.2015 |
21 | Groupe BPCE | France | 1,275.49 | 12.31.2015 |
22 | Royal Bank of Scotland Group | UK | 1,208.37 | 12.31.2015 |
23 | Lloyds Banking Group | UK | 1,195.45 | 12.31.2015 |
24 | Bank of Communications | China | 1,104.02 | 12.31.2015 |
25 | Postal Savings Bank of China | China | 1,049.19 | 09.30.2015 |
26 | UBS Group AG | Switzerland | 954.270 | 12.31.2015 |
27 | UniCredit S.p.A. | Italy | 940.796 | 12.31.2015 |
28 | ING Groep NV | Netherlands | 920.389 | 12.31.2015 |
29 | Royal Bank of Canada | Canada | 865.306 | 01.31.2016 |
30 | Goldman Sachs Group | US | 861.395 | 12.31.2015 |
31 | Norinchukin Bank | Japan | 855.353 | 12.31.2015 |
32 | Toronto-Dominion Bank | Canada | 846.009 | 01.31.2016 |
33 | China Merchants Bank | China | 844.748 | 12.31.2015 |
34 | Credit Suisse Group | Switzerland | 830.774 | 12.31.2015 |
35 | BBVA | Spain | 820.134 | 12.31.2015 |
36 | Industrial Bank Co. Ltd | China | 816.114 | 09.30.2015 |
37 | Credit Mutuel | France | 808.906 | 12.31.2015 |
38 | China CITIC Bank Corp | China | 790.331 | 12.31.2015 |
39 | Morgan Stanley | US | 787.465 | 12.31.2015 |
40 | Shanghai Pudong Development Bank | China | 778.305 | 12.31.2015 |
41 | Intesa Sanpaolo | Italy | 739.679 | 12.31.2015 |
42 | Rabobank Group | Netherlands | 732.985 | 12.31.2015 |
43 | Nordea Bank | Sweden | 707.284 | 12.31.2015 |
44 | China Minsheng Banking Corp | China | 697.508 | 12.31.2015 |
45 | National Australia Bank | Australia | 695.747 | 09.30.2015 |
46 | Bank of Nova Scotia | Canada | 662.928 | 01.31.2016 |
47 | Commonwealth Bank of Australia | Australia | 657.882 | 12.31.2015 |
48 | Australia & New Zealand Banking Group | Australia | 648.284 | 09.30.2015 |
49 | Standard Chartered Plc | UK | 640.483 | 12.31.2015 |
50 | Westpac Banking Corp | Australia | 591.649 | 09.30.2015 |
51 | Commerzbank | Germany | 582.389 | 12.31.2015 |
52 | KfW Group | Germany | 545.824 | 09.30.2015 |
53 | Bank of Montreal | Canada | 504.104 | 01.31.2016 |
54 | Danske Bank | Denmark | 482.561 | 12.31.2015 |
55 | Cassa Depositi e Prestiti | Italy | 435.061 | 12.31.2015 |
* The exchange rate on December 31, 2015.