By market capitalization edit
The list is based on Forbes.com's ranking as of August 2023 based on an analysis of the bank's operations, financial performance, and overall impact on the global economy.
|Rank||Bank name||Market cap|
|2||Bank of America||231.52|
|3||Industrial and Commercial Bank of China||194.56|
|4||Agricultural Bank of China||160.68|
|7||HSBC Holdings PLC||148.90|
|9||China Construction Bank||139.82|
|10||Bank of China||136.81|
By total assets edit
The list is based on the April 2023 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon assets as reported and was not adjusted for different accounting treatments. Another publication which has the goal to compile a yearly list of the world largest banks is The Banker Magazine. Every year in their July number a list of the World 1000 Largest Banks is published. The financial data published by the July yearly issue of The Banker are much more extensive compared to the S&P Top 100 banks, but it's not a publication intended for the general public.
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. If JPMorgan Chase reported under the IFRS, it would be ranked 2nd on the list as of 2023[update], rather than 5th.
Banks by country or territory edit
|United Arab Emirates||1|
* Includes all beneath counted banks of member states of the European Union
See also edit
- List of systemically important banks
- List of largest banks in the Americas
- List of largest banks in North America
- List of largest banks in Latin America
- List of largest banks in the United States
- List of banks in Europe
- List of banks in Asia
- List of largest banks in Southeast Asia
- List of banks in Oceania
- List of banks in Africa
- "The 10 largest banks in the world in 2023". Forbes India. 21 August 2023.
- Khan, Zia; Terris, Harry; Meggeson, Ben (26 April 2023). "The world's 100 largest banks, 2023". spglobal.com. S&P Global Market Intelligence. Retrieved 16 June 2023.
- Banker, The. "Top 1000". www.thebanker.com. Retrieved 26 August 2023.
- "World's 100 Biggest Banks: China's ICBC #1". Forbes. 12 February 2014.