The following are the largest European banks in terms of total assets. HSBC is the largest financial institution in Europe with assets of over US$2.37 trillion. The top 10 banks include 4 UK banks, 4 French banks, 1 German bank and 1 Spanish bank.

Rank Bank Country Total Assets, US$b (December 31, 2016)
1 HSBC Holdings UK 2,374.99
2 BNP Paribas France 2,196.45
3 Credit Agricole Group France 1,821.96
4 Deutsche Bank Germany 1,682.05
5 Barclays PLC UK 1,490.69
6 Societe Generale France 1,461.76
7 Banco Santander Spain 1,416.16
8 Groupe BPCE France 1,306.30
9 Lloyds Banking Group UK 1,004.91
10 Royal Bank of Scotland UK 981.391
11 UBS Group AG Switzerland 919.296
12 UniCredit S.p.A. Italy 908.982
13 ING Group Netherlands 893.698
14 Credit Suisse Group Switzerland 806.050
15 Credit Mutuel Group * France 782.370
16 BBVA Spain 773.959
17 Intesa Sanpaolo Italy 766.815
18 Rabobank Group Netherlands 700.439
19 Nordea Bank Sweden 651.078
20 Standard Chartered Plc UK 646.692
21 European Investment Bank * Luxembourg 603.444
22 DZ Bank Group Germany 538.706
23 KfW Group Germany 536.168
24 Commerzbank AG Germany 507.614
25 Danske Bank Denmark 495.517
26 Cassa Depositi e Prestiti (CDP) ** Italy 445.897
27 Sberbank Rossii Russia 420.417
28 ABN AMRO Group Netherlands 417.176
29 CaixaBank Spain 367.943
30 DNB Group Norway 308.918
31 KBC Group NV Belgium 291.032
32 Svenska Handelsbanken Sweden 289.824
33 Skandinaviska Enskilda Banken Sweden 289.060
34 Nationwide Building Society UK 276.358
35 Landesbank Baden-Wurttemberg ** Germany 274.633
36 Swedbank Sweden 237.611
37 La Banque Postale France 242.785
38 Dexia Group Belgium 225.012
39 Banco Sabadell Spain 224.734
40 Bayerische Landesbank Germany 224.355
41 Erste Group Bank AG Austria 220.206
42 Bank VTB Russia 208.572
43 Bankia Spain 201.107
44 Raiffeisen Schweiz Switzerland 214.886
45 Nykredit Realkredit Group Denmark 199.222
46 Norddeutsche Landesbank (NORD/LB) *** Germany 187.929
47 Belfius Bank Belgium 186.888
48 Landesbank Hessen-Thuringen (Helaba) *** Germany 185.057
49 Banco Bpm SpA Italy 177.935
50 Banca Monte dei Paschi di Siena Italy 161.942
51 BNG Bank Netherlands 162.860
52 Banco Popular Espanol Spain 156.436
53 Zurich Cantonal Bank Switzerland 155.329
54 NRW.Bank * Germany 149.297
55 RZB Group Austria 142.605
56 OP Financial Group Finland 141.441
57 Bank of Ireland Ireland 130.213
58 UBI Banca Italy 118.849
59 DekaBank ** Germany 110.308
60 Allied Irish Banks (AIB) Ireland 101.123
61 NWB Bank (Nederlandse Waterschapsbank NV) Netherlands 99.846
62 Caixa Geral de Depositos Portugal 98.929

The exchange rate on December 30, 2016.
* Data as of December 31, 2015.
** Data as of June 30, 2016.
*** Data as of September 30, 2016.