List of largest banks

These are lists of the banks in the world, as measured by total assets.[1]

The ICBC building on the Bund, Shanghai.

By total assets

The list is based on the April, 2020 S&P Global Market Intelligence report of the 100 largest banks in the world.[1] The ranking was based upon assets as reported and was not adjusted for different accounting treatments.[1] Accounting treatment affects the assets reported: for example, the United States uses US GAAP (as opposed to IFRS), which only reports the net derivative position in most cases, leading to US banks having fewer derivative assets than comparable non-US banks.[2] If JPMorgan Chase reported under the IFRS, it would be ranked 5th in the list as of 2020, rather than 7th.[1]

Rank Bank name Total assets
(US$ Billion)
1 Industrial and Commercial Bank of China 4,324.27
2 China Construction Bank 3,653.11
3 Agricultural Bank of China 3,572.98
4 Bank of China 3,270.15
5 Mitsubishi UFJ Financial Group 2,892.97
6 HSBC 2,715.15
7 JPMorgan Chase 2,687.38
8 Bank of America 2,434.08
9 BNP Paribas 2,429.26
10 Crédit Agricole 2,256.72
11 Japan Post Bank 1,984.62
12 SMBC Group 1,954.78
13 Citigroup Inc. 1,951.16
14 Wells Fargo 1,927.26
15 Mizuho Financial Group 1,874.89
16 Banco Santander 1,702.61
17 Société Générale 1,522.05
18 Barclays 1,510.14
19 Groupe BPCE 1,501.59
20 Postal Savings Bank of China 1,467.31
21 Deutsche Bank 1,456.26
22 Bank of Communications 1,422.63
23 Royal Bank of Canada 1,116.31
24 Lloyds Banking Group 1,104.42
25 Toronto-Dominion Bank 1,102.04
26 China Merchants Bank 1,065.25
27 Intesa Sanpaolo 1,057.82
28 Norinchukin Bank 1,011.14
29 ING Group 1,000.72
30 Goldman Sachs 992.97
31 Industrial Bank (China) 976.79
32 Crédit Mutuel 976.14
33 UBS 972.18
34 UniCredit 960.21
35 China Minsheng Bank 959.63
36 Royal Bank of Scotland Group 957.60
37 Shanghai Pudong Development Bank 950.01
38 China CITIC Bank 904.02
39 Morgan Stanley 895.43
40 Scotiabank 872.62
41 Credit Suisse 812.91
42 Banco Bilbao Vizcaya Argentaria 782.16
43 Standard Chartered 720.40
44 Commonwealth Bank 688.40
45 China Everbright Bank 679.81
46 Bank of Montreal 665.20
47 Rabobank 662.77
48 Australia and New Zealand Banking Group 661.72
49 DZ Bank 627.31
50 Nordea 622.66
51 Westpac 611.47
52 National Australia Bank 571.34
53 Ping An Bank 565.72
54 Danske Bank 564.83
55 State Bank of India 561.54
56 Resona Holdings 549.51
57 Sumitomo Mitsui Trust Holdings 509.28
58 Canadian Imperial Bank of Commerce 495.99
59 U.S. Bancorp 495.43
60 Sberbank of Russia 482.53
61 Shinhan Bank 478.50
62 Commerzbank 478.40
63 Truist Financial Corp 473.08
64 KB Financial Group Inc 449.15
65 CaixaBank 439.25
66 DBS Bank 430.45
67 Nomura Holdings 425.50
68 Huaxia Bank 422.74
69 ABN AMRO Group 420.89
70 PNC Financial Services 410.30
71 Itaú Unibanco 407.37
72 Capital One 390.37
73 The Bank of New York Mellon 381.51
74 Bank of Beijing 374.97
75 Nonghyup Bank 369.92
76 OCBC Bank 365.57
77 Banco do Brasil 365.51
78 Hana Financial Group 365.10
79 Banco Bradesco 345.21
80 China Guangfa Bank 343.26
81 Handelsbanken 328.59
82 KBC Bank 327.87
83 Caixa Econômica Federal 321.68
84 DNB ASA 317.75
85 Woori Bank 313.54
86 Nationwide Building Society 307.45
87 Bank of Shanghai 306.04
88 SEB Group 305.79
89 La Banque postale 304.88
90 United Overseas Bank 300.68
91 Bank of Jiangsu 296.58
92 Landesbank Baden-Württemberg 287.99
93 Erste Group 275.72
94 Industrial Bank of Korea 275.54
95 BayernLB 266.27
96 Qatar National Bank 259.48
97 China Zheshang Bank 258.63
98 Swedbank 257.79
99 Reiffesen Gruppe 256.43
100 Banco Sabadell 251.10

Banks by country or territory
Number of banks in the top 100 by total assets [1]
RankCountryNumber
1 China19
2 United States11
3 Japan8
4  France6
 South Korea6
 United Kingdom6
5 Canada5
 Germany5
 Spain5
6 Australia4
 Brazil4
7  Netherlands3
 Singapore3
 Sweden3
8 Italy2
  Switzerland3
9 Austria1
 Belgium1
 Denmark1
 Finland1
 India1
 Luxembourg1
 Norway1
 Russia1
 Taiwan1
 Qatar1

By market capitalization

The list is based on Relbanks.com's ranking as at 12 January 2018, where the data are derived from annual reports and financial statements of the companies.[3]

Rank Bank name Market cap
(US$ billion)
1 JPMorgan Chase 390.934
2 Industrial and Commercial Bank of China 345.214
3 Bank of America 325.331
4 Wells Fargo 308.013
5 China Construction Bank 257.399
6 HSBC Holdings PLC 219.270
7 Agricultural Bank of China 203.244
8 Citigroup Inc. 203.165
9 Bank of China 181.469
10 China Merchants Bank 122.616
11 Royal Bank of Canada 122.564
12 Banco Santander 115.696
13 Commonwealth Bank 112.227
14 Mitsubishi UFJ Financial Group 111.660
15 Toronto-Dominion Bank 108.449
16 BNP Paribas 103.258
17 Goldman Sachs 100.705
18 Sberbank of Russia 99.840
19 Morgan Stanley 99.651
20 U.S. Bancorp 94.558
21 HDFC Bank 100
22 Itaú Unibanco 86.203
23 Westpac 84.560
24 Scotiabank 78.947
25 ING Group 78.920
26 UBS 75.482
27 Charles Schwab 74.255
28 PNC Financial Services 72.246
29 Lloyds Banking Group 71.253
30 Sumitomo Mitsui Financial Group 67.328
31 Bank of Communications 67.078
32 Australia and New Zealand Banking Group 66.448
33 Banco Bradesco 64.816
34 National Australia Bank 63.794
35 Intesa Sanpaolo 62.032
36 Banco Bilbao Vizcaya Argentaria 60.678
37 Japan Post Bank 60.525
38 The Bank of New York Mellon 59.823
39 Shanghai Pudong Development Bank 58.796
40 Industrial Bank (China) 57.388
41 Bank of China (Hong Kong) 55.449
42 Bank of Montreal 53.181
43 Crédit Agricole 52.141
44 DBS Bank 51.475
45 Nordea 51.185
46 Capital One 51.107
47 Royal Bank of Scotland Group 50.490
48 Mizuho Financial Group 50.018
49 Credit Suisse 48.462
50 Postal Savings Bank of China 47.948
51 China Minsheng Bank 47.921
52 UniCredit 47.777
53 China CITIC Bank 47.451
54 Hang Seng Bank 46.171
55 Société Générale 46.051
56 Barclays 45.850
57 Canadian Imperial Bank of Commerce 43.544
58 Bank Central Asia 43.344
59 Truist Financial 41.923
60 Oversea-Chinese Banking Corp 41.362
61 State Bank of India 40.562
62 State Street 39.769
63 Deutsche Bank 38.649
64 KBC Bank 38.394
65 Danske Bank 38.223
66 Ping An Bank 37.993
67 Standard Chartered 37.319
68 United Overseas Bank 35.128
69 QNB Group 33.560
70 Bank Rakyat 33.081

Banks by country or territory
Total market capital (US$ billion) across the top 70 banks by country
Rank Country Number Total Market Cap

(US$ billion)

 Banks ranks by Market Cap

(US$ billion)

1  United States 13 1861.480 1,3,4,8,17,19,20,27,28,38,46,59,62
2  China 12 1474.537 2,5,7,9,10,31,39,40,50,51,53,66
3  United Kingdom 5 470.032 6,29,47,56,67
4  Canada 5 406.685 11,15,24,42,57
5  Australia 4 327.029 13,23,32,34
6  Japan 4 289.281 14,30,37,48
7  France 3 201.45 16,43,55
8  Spain 2 176.678 12,36
9  Brazil 2 151.019 22,33
10  India 2 128.997 21,61
11  Singapore 3 127.965 44,60,68
12   Switzerland 2 123.944 26,49
13  Italy 2 109.809 35,52
14  Hong Kong 2 101.62 41,54
15 Indonesia 1 43.344 58
16  Russia 1 99.840 18
17  Netherlands 1 78.920 25

See also

References
  1. Ali, Zarmina (April 7, 2020). "The world's 100 largest banks". Standard & Poor. Retrieved June 23, 2020.
  2. "World's 100 Biggest Banks: China's ICBC #1". Forbes. February 12, 2014.
  3. "World's Largest Banks 2018". Relbanks.com. January 12, 2018.
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