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

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