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List of largest banks

By total assetsEdit

 
The ICBC building on the Bund, Shanghai
 
The China Merchants Bank in Shenzhen
 
A Ping An Bank branch

The list is based on the 2019 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 4th in the list as of 2019, rather than 6th.[1]

Rank Bank name Total assets
(US$ Billion)
1   Industrial and Commercial Bank of China 4,027.44
2   China Construction Bank Corporation 3,376.52
3   Agricultural Bank of China 3,287.36
4   Bank of China 3,092.21
5   Mitsubishi UFJ Financial Group 2,812.88
6   JPMorgan Chase & Co. 2,622.53
7   HSBC Holdings PLC 2,558.12
8   Bank of America 2,354.51
9   BNP Paribas 2,336.66
10   Crédit Agricole 2,123.61
11   Citigroup Inc. 1,917.38
12   Japan Post Bank 1,911.48
13   Wells Fargo & Co. 1,895.88
14   Sumitomo Mitsui Financial Group 1,848.20
15   Mizuho Financial Group 1,837.80
16   Banco Santander 1,670.79
17   Deutsche Bank 1,543.55
18   Société Générale 1,485.31
19   Groupe BPCE 1,462.70
20   Barclays PLC 1,444.39
21   Bank of Communications 1,385.81
22   Postal Savings Bank of China 1,383.63
23   Royal Bank of Canada 1,039.24
24   Lloyds Banking Group 1,016.55
25   ING Group 1,015.61
26   Toronto-Dominion Bank 1,006.00
27   China Merchants Bank 980.81
28   Crédit Mutuel 976.46
29   Norinchukin Bank 961.37
30   UBS 958.49
31   Industrial Bank (China) 952.59
32   UniCredit 951.99
33   Goldman Sachs 931.80
34   Shanghai Pudong Development Bank 914.49
35   Intesa Sanpaolo 901.90
36   Royal Bank of Scotland Group 884.82
37   China CITIC Bank 882.08
38   China Minsheng Bank 871.66
39   Morgan Stanley 853.53
40   Scotiabank 785.44
41   Credit Suisse 781.45
42   Banco Bilbao Vizcaya Argentaria 774.78
43   Commonwealth Bank 691.03
44   Standard Chartered 688.76
45   Australia and New Zealand Banking Group 681.30
46   Rabobank 676.02
47   Nordea 638.02
48   Westpac 636.69
49   China Everbright Bank 633.54
50   Bank of Montreal 613.56
51   DZ Bank 593.89
52   National Australia Bank 583.79
53   Danske Bank 548.86
54   State Bank of India 538.35
55   Resona Holdings 537.39
56   Commerzbank 528.84
57   Sumitomo Mitsui Trust Holdings 520.16
58   Ping An Bank 497.05
59   Canadian Imperial Bank of Commerce 467.55
60   U.S. Bancorp 467.37
61   CaixaBank 442.66
62   BB&T and SunTrust Banks 441.24
63   ABN Amro Group NV 436.56
64   KB Financial Group Inc 430.80
65   Shinhan Financial Group 412.85
66   Sberbank of Russia 412.00
67   Nomura Holdings Inc. 411.18
68   DBS Bank 404.27
69   Itaú Unibanco 401.10
70   PNC Financial Services 382.32
71   Hua Xia Bank 380.41
72   Nonghyup Bank 374.58
73   Capital One 372.54
74   Bank of Beijing 368.72
75   Bank of New York Mellon 362.87

Banks by countryEdit

Number of banks in the top 100 by total assets [1]
Rank Country Number
1   China 18
2   United States 12
3   Japan 8
4   France 6
  South Korea 6
  United Kingdom 6
5   Canada 5
  Germany 5
  Spain 5
6   Australia 4
  Brazil 4
7   Netherlands 3
  Singapore 3
  Sweden 3
8   Italy 2
   Switzerland 2
9   Austria 1
  Belgium 1
  Denmark 1
  Finland 1
  India 1
  Norway 1
  Russia 1
  Taiwan 1

By market capitalizationEdit

 
A 24 Hour Self-serving Ping An Bank branch

The list is based on Relbanks.com 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 & Co. 390.934
2   Industrial and Commercial Bank of China 345.214
3   Bank of America 325.331
4   Wells Fargo & Co. 308.013
5   China Construction Bank Corporation 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 88.435
22   Itau 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 Group 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   Bank of New York Mellon 59.823
39   Shanghai Pudong Development Bank 58.796
40   Industrial Bank Co. 57.388
41   BOC Hong Kong 55.449
42   Bank of Montreal 53.181
43   Crédit Agricole 52.141
44   DBS Group 51.475
45   Nordea Bank 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 PLC 45.850
57   CIBC 43.544
58   Bank Central Asia 43.344
59   BB&T Corp 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 Group 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   Qatar National Bank 33.560
70   Bank Rakyat 33.081

Banks by countryEdit

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 2,5,7,9,10,31,39,40,50,51,66,53
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   Italy 2 109.809 35,52
12   Russia 1 99.840 18
13   Netherlands 1 78.920 25


See alsoEdit

World Banker's Bank Banking Association for Bakas

ReferencesEdit

  1. ^ a b c d e Garrido, Francis; Chaudhry, Saqib (April 5, 2019). "The world's 100 largest banks". Standard & Poor. Retrieved September 8, 2019.
  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.