10 Biggest Banks in the World

10 Biggest Banks in the World

Which is the world's largest bank?

The success and wealth of the majority of the world's banks depends, among other factors, on how well the economy is doing.

With the economy continuing to grow year after year, thanks to expanding trade markets and rising exports, it's no surprise that the 'Big 4' take the top spot as usual.

If you know nothing about banks and are curious about what the world's largest banks are, check out our list of the 10 largest banks in the world ranked by total assets.

1. Industrial & Commercial Bank Of China

Total assets: $4.2 trillion

The world's largest bank is the Industrial and Commercial Bank of China, which is also the largest bank in China and the largest of China's "Big Four".

By the total number of assets, customers, employees, loans and deposits. As it is often called ICBC, it has complete control over the rest of the world's largest banks.

The state-owned bank was incorporated as a limited liability company in 1984 and has grown to become the world's largest public company with a vast amount of assets.

Headquartered in Beijing, China, the company employs 460,000 people across offices in Asia, Europe, the Americas and Oceania.

The 70% state-owned company was ranked No. 1 overall in The Bankers Top 1000 World Banks Ranking, and he was also ranked No. 1 on the Forbes Global 2000 list of the world's largest listed companies. According to the latest data, ICB's total assets are estimated at about $4.2 trillion.

2. China Construction Bank Corporation

Total assets: $3.3 trillion

The second largest bank in the world is China Construction Bank.

His CCB, his third in the "Big Four" on our list, is often omitted. has approximately 13,629 domestic and international branches in Frankfurt, Barcelona, ​​Luxembourg, Hong Kong, New York, Seoul and several other major cities.

The head office is located in Xicheng District, Beijing. CCB has over 333,000 employees and offers both corporate and retail banking.

Examples of personal services include credit cards, personal loans, deposits, and wealth management.

The commercial side offers credit, corporate e-banking, loans, commercial loans, and lines of credit. According to the latest data, CCB's total assets are about $3.3 trillion.

3. Agricultural Bank of China

Total assets: $3.2 trillion

AgBank, his second of China's "Big Four" banks, is his third largest bank in the world and he is one of the tenth largest companies in the world.

Founded in 1951, Agbank has offices in major cities around the world, including Seoul, Tokyo, Singapore, Sydney, New York and London.

Headquartered in Beijing, it employs over 444,000 people and is wholly state-owned.

We have 320 million retail customers and 2.7 million business customers worldwide. Served by one of 24,000 branches.

In 2010, AgBank went public in what was at the time the world's largest IPO since losing to Alibaba. According to the latest data, the bank's approximate net worth is around $3.2 trillion.

4. Bank of China

Total assets: $3 trillion

The next Asian bank on the list and the first of the Big 4 is Bank of China.

One of China's four largest state-owned commercial banks, it was founded by the Republican government in 1912 and is now considered the oldest bank in mainland China.

Headquartered in Beijing, China, the company has approximately 310,000 employees and offices in over 20 countries.

The bank offers investment banking, insurance and investment services, personal loans, credit cards, mortgages, and asset and liability management.

About 70% of the company is owned by the Chinese government, with total assets of just over $3 trillion.

5. Mitsubishi UFJ Financial Group

Total Net Worth: $2.81 Trillion

Mitsubishi UFJ Financial Group ranks fifth on the list of the world's largest banks.

In the world he is the 5th largest bank and with total assets he is US$2.81 trillion, making him the largest bank-owned financial group in Japan.

One of Mitsubishi Corporation's main companies, it provides a wide range of services to its customers, including commercial banking, asset management, trust banking and international finance.

It was born in 2005 through the merger of his two major banks, Mitsubishi Tokyo Financial Group and his UFJ Holdings.

Currently headquartered in Osaka, he employs over 106,000 people.

6. JPMorgan Chase & Co

Total net worth: $2.62 trillion

JPMorgan Chase & Co is a financial services holding company and multinational investment bank, the largest bank in America and his sixth largest bank in the world.

They serve his clients in over 100 countries and are active in the fields of wealth management, investment services, wealth management and securities.

JPMorgan Chase & Co was born in 2000 from the merger of several major banks and is now one of the world's most expensive companies.

Headquartered in Manhattan, New York City, JPMorgan Chase & Co is also one of the world's largest investment firms today.

For retail and credit card purposes, the bank operates under the name "Chase".

7. HSBC Holdings PLC

Total assets: $2.55 trillion

HSCB Holdings PLC is a British multinational investment bank and financial holding company.

By 2018, he was considered the 7th largest bank in the world and the largest in Europe.

The bank has over 1,000 locations and 80 offices in the UK and 460 locations in the US.

With more than 4 million customers worldwide, HSBC provides clients with private banking, corporate finance, retail and commercial banking.

Headquartered in London, England, the company currently employs over 235,000 people. HSBC is present in approximately 65 countries around the world and is listed on both the London Stock Exchange and the Hong Kong Stock Exchange.

8. BNP Parabis

Total Net Worth: $2.33 Trillion

Next on the list is BNP Parabis, a French international banking group.

It is currently the eighth largest bank in the world by total assets and operates in 77 countries.

The bank was founded in 2000 through the merger of Banque Nationale de Paris (BNP) and Paribas.

Its origins date back to 1848, when the first bank is believed to have been established.

Headquartered in Paris, France, BNP Parabis employs over 190,000 people and derives the majority of its annual revenue from daily customer accounts.

9. Bank of America (BAC)

Total Net Worth: $2.35 Trillion

Bank of America is his second largest banking institution in America with total assets topping his $2.35 trillion.

It services approximately 10.73% of all US bank deposits and is primarily engaged in commercial banking, wealth management and investment banking.

Bank of America was founded in 1784 and is headquartered in Charlotte, North Carolina. Today, we serve clients worldwide from 5,000 financial centers.

Bank of America is also one of the largest companies in the United States, employing over 208,000 people. In 2008, the company acquired Merrill Lynch, making it the world's largest wealth manager. According to recent data, Bank of America currently has a total net worth of approximately $2.35 trillion.

10. Crédit Agricole Group

Total assets: $2.13 trillion

His 10th largest bank in the world is the Crédit Agricole Group, a French owned bank and he is one of the largest French companies.

It is the world's largest cooperative financial institution and became a full-service international banking group in 1990.

It consisted of 39 Crédit Agricole regional banks and a vast network of regional banks.

Headquartered in Montrouge, France, we serve a wide range of customers around the world.

The bank controls most of France's banking system and is known for its longstanding links with agriculture. According to recent data, Crédit Agricole's current total net worth is approximately $2.13 trillion.