[FORBES] lists top 50 Banks In The World ( ͡◉ ͜ʖ ͡◉)
Here is the list of top 50 banks in the world by its total assets. And in the list of the richest banks in the world, 12 of them are Chinese bank.
The biggest bank in the world is the Industrial and Commerical Bank of China. It holds the total assets of $4.00 trillion. And out of the top 50 banks, only 6 are the American banks. This shows that China is unquestionably powerful in banking.
The top bank's list includes 12 Chinese banks, 6 American banks, 5 UK banks, 5 Japanese banks, 5 French banks, 4 Australian banks, 3 Canadian banks, 2 banks from Spain, 2 from the Netherlands, 2 from Italy, 2 from Switzerland, 1 from Germany, and 1 from Finland. Check out the list given below for the top banks. The information is updated in June 2019.
Rank | Name of the Bank | Headquaters | Total Assets(USD Billions) |
---|---|---|---|
1 | Industrial and Commercial Bank of China | Beijing, China | 4,009.26 |
2 | China Construction Bank Corporation | Beijing, China | 3,400.25 |
3 | Agricultural Bank of China | Beijing, China | 3,235.65 |
4 | Bank of China | Beijing, China | 2,991.90 |
5 | Mitsubishi UFJ Financial Group | Tokyo, Japan | 2,784.74 |
6 | JPMorgan Chase & Co. | New York, United States | 2,615.00 |
7 | HSBC Holdings PLC | London, United Kingdom | 2,521.77 |
8 | BNP Paribas | Paris, France | 2,357.07 |
9 | Bank of America | Charlotte, United States | 2,338.00 |
10 | Crédit Agricole | Montrouge, France | 2,117.16 |
11 | Citigroup Inc. | New York, United States | 1,925.00 |
12 | Japan Post Bank | Tokyo, Japan | 1,874.02 |
13 | Wells Fargo & Co. | San Francisco, United States | 1,872.00 |
14 | Sumitomo Mitsui Financial Group | Tokyo, Japan | 1,775.14 |
15 | Deutsche Bank | Frankfurt, Germany | 1,765.85 |
16 | Banco Santander | Santander, Spain | 1,736.23 |
17 | Mizuho Financial Group | Tokyo, Japan | 1,715.25 |
18 | Barclays PLC | London, United Kingdom | 1,531.73 |
19 | Société Générale | Paris, France | 1,531.13 |
20 | Groupe BPCE | Paris, France | 1,512.27 |
21 | Bank of Communications | Shanghai, China | 1,389.07 |
22 | Postal Savings Bank of China | Beijing, China | 1,385.12 |
23 | Lloyds Banking Group | London, United Kingdom | 1,097.67 |
24 | Royal Bank of Canada | Toronto, Canada | 1,038.53 |
25 | Toronto-Dominion Bank | Toronto, Canada | 1,026.36 |
26 | ING Group | Amsterdam, Netherlands | 1,016.11 |
27 | Norinchukin Bank | Tokyo, Japan | 1,006.98 |
28 | UniCredit | Milan, Italy | 1,004.79 |
29 | Royal Bank of Scotland Group | Edinburgh, Scotland | 997.58 |
30 | Industrial Bank Co., Ltd | Fujian, China | 986.55 |
31 | China Merchants Bank | Shenzhen, China | 967.87 |
32 | Intesa Sanpaolo | Turin, Italy | 961.22 |
33 | Shanghai Pudong Development Bank | Shanghai, China | 942.88 |
34 | UBS | Basel, Switzerland | 939.54 |
35 | Goldman Sachs | New York, United States | 916.78 |
36 | China Minsheng Bank | Beijing, China | 907.08 |
37 | China CITIC Bank | Beijing, China | 872.59 |
38 | Morgan Stanley | New York, United States | 851.73 |
39 | Credit Mutuel | Strasbourg, France | 836.87 |
40 | Credit Suisse | Zürich , Switzerland | 817.08 |
41 | Banco Bilbao Vizcaya Argentaria | Bilbao, Spain | 805.74 |
42 | Scotiabank | Toronto, Canada | 773.37 |
43 | Commonwealth Bank | Sydney, Australia | 751.39 |
44 | Rabobank | Utrecht, Netherlands | 724.05 |
45 | Australia and New Zealand Banking Group | Melbourne, Australia | 703.84 |
46 | Nordea | Helsinki, Finland | 698.38 |
47 | Westpac Banking Corporation | Westpac Place, Sydney | 668.19 |
48 | Standard Chartered | London, England | 663.50 |
49 | China Everbright Bank | Beijing, China | 628.31 |
50 | National Australia Bank | Melbourne, Australia | 618.34 |