World’s largest banks by total assets
Banks are financial institutions providing various products and services, including managing deposits, lending, wealth management, currency exchange, and investment banking.
These banks’ customers include individual customers, businesses, and many other institutional customers. The purpose of a commercial bank has grown dramatically in the past several decades.
Today, large banks cater to their traditional customers, including personal customers and large and small companies, by offering savings and checking accounts, certificates of deposit, loans, and similar services.
Many of them also have businesses that work as investment banks and work with corporate and institutional clients by providing underwriting of stock offers, brokerage, and M&A advisory.
Here are the world’s largest banks by total assets. All data and statistics are based on the S&P Global Market Intelligence report published in April 2021.
Word’s largest banks by total assets
Bank Name | Total Assets (US $ Billion) |
Industrial and Commercial Bank of China Limited | 5,500.00 |
China Construction Bank | 4,532.05 |
Agricultural Bank of China | 4,354.56 |
Bank of China | 4,113.36 |
JPMorgan Chase | 3,954.68 |
Mitsubishi UFJ Financial Group | 3,737.31 |
HSBC | 2,958.15 |
Bank of America | 2,434.08 |
BNP Paribas | 2,429.26 |
Crédit Agricole | 2,256.72 |
Japan Post Bank | 1,984.62 |
SMBC Group | 1,954.78 |
Citigroup Inc. | 1,951.16 |
Wells Fargo | 1,927.56 |
Mizuho Financial Group | 1,874.89 |
Banco Santander | 1,702.61 |
Société Générale | 1,522.05 |
Barclays | 1,510.14 |
Groupe BPCE | 1,501.59 |
Postal Savings Bank of China | 1,467.31 |
Deutsche Bank | 1,456.26 |
Bank of Communications | 1,422.63 |
Goldman Sachs | 1,200.00 |
Royal Bank of Canada | 1,116.31 |
Lloyds Banking Group | 1,104.42 |
Toronto-Dominion Bank | 1,102.04 |
China Merchants Bank | 1,065.25 |
Intesa Sanpaolo | 1,057.82 |
Norinchukin Bank | 1,011.14 |
ING Group | 1,000.72 |
Industrial Bank (China) | 976.79 |
Crédit Mutuel | 976.14 |
UBS | 972.18 |
UniCredit | 960.21 |
China Minsheng Bank | 959.63 |
NatWest Group | 957.60 |
Shanghai Pudong Development Bank | 950.01 |
China CITIC Bank | 904.02 |
Morgan Stanley | 895.43 |
Scotiabank | 872.62 |
Credit Suisse | 812.91 |
Banco Bilbao Vizcaya Argentaria | 782.16 |
Standard Chartered | 720.40 |
Commonwealth Bank | 688.40 |
China Everbright Bank | 679.81 |
Bank of Montreal | 665.20 |
Rabobank | 662.77 |
Australia and New Zealand Banking Group | 661.72 |
State Bank of India | 640.31 |
Nordea | 622.66 |
Westpac | 611.47 |
National Australia Bank | 571.34 |
Ping An Bank | 565.72 |
Danske Bank | 564.83 |
DZ Bank | 561.54 |
U.S. Bancorp | 553.90 |
Resona Holdings | 549.51 |
Sumitomo Mitsui Trust Holdings | 509.28 |
Canadian Imperial Bank of Commerce | 495.99 |
Sberbank of Russia | 482.53 |