The list of the biggest banks in the world by total assets

In this post, we are going to see the list of the biggest banks in the world by total assets. This ranking is built according to banks’ total assets, which are the assets owned by the entity that has economic value whose benefits can be derived in the future. Let’s see now the ranking of the 30 largest banks in the world ranked by total assets, which are expressed in billions of USD.

Industrial & Commercial Bank of China is the largest bank in the world’s with assets of USD 5438 billion. China Construction Bank occupies the second place in the ranking with assets of USD 4618 billion, and Agricultural Bank of China occupies the third place with assets of USD 4435 billion. Industrial Bank Co. Ltd is the smallest bank in the world’s with assets of USD 1255 billion.

RankBankCountryTotal Assets
1Industrial & Commercial Bank of China (ICBC)China5438
2China Construction BankChina4618
3Agricultural Bank of ChinaChina4435
4Bank of ChinaChina4073
5JPMorgan Chase & CoUSA3684
6Mitsubishi UFJ Financial GroupJapan3269
7BNP ParibasFrance3174
8Bank of AmericaUSA3030
9HSBC HoldingsUK2976
10Credit Agricole GroupFrance2731
11China Development BankChina2647
12Citigroup IncUSA2328
13Sumitomo Mitsui Financial GroupJapan2168
14Japan Post BankJapan2052
15Mizuho Financial GroupJapan2049
16Wells FargoUSA1946
17Barclays plcUK1904
18Postal Savings Bank of ChinaChina1891
19Banco SantanderSpain1863
20Societe GeneraleFrance1773
21Bank of CommunicationsChina1767
22BPCE GroupFrance1725
23Deutsche BankGermany1568
24Goldman Sachs GroupUSA1388
25China Merchants BankChina1375
26Toronto-Dominion BankCanada1374
27Royal Bank of CanadaCanada1366
28Shanghai Pudong Development BankChina1257
29Intesa SanpaoloItaly1256
30Industrial Bank Co. LtdChina1255

The total assets used to build this ranking have been extracted from the financial statements of 30/06/2020 published in the main economic and financial sites, except for China Development Bank, which data refer to 31/12/2020.

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