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The following list shows the largest and best banks in the World in terms of total assets. The top 10 banks have over $24.4 trillion in combined assets and top 50 banks – about $67 trillion. Three of the Top 6 largest banks are UK institutions. For the third year in a row, BNP Paribas is the largest bank in the world. In 2008, it was the fourth after Royal Bank of Scotland, Barclays and Deutsche Bank. BNP Paribas was created through the merger of Banque Nationale de Paris (BNP) and Paribas in 2000. BNP Paribas's four domestic markets are France, Italy, Belgium and Luxembourg. The Bank operates in more than 80 countries and employs over 205,000 people, including 162,500 in Europe, 15,200 in North America and 12,500 in Asia.
HSBC is the second largest bank in the world with $2,691 billion in assets. With around 7,500 offices in 87 countries and territories, 220,000 shareholders, 300,000 staff and about 100 million customers worldwide, HSBC arguably has the most international presence among the world's multinational banking giants. The company was founded in 1865 and is based in London.
Deutsche Bank is the third largest bank in the world with $2,681 billion in assets. The Bank employs over 100,000 people and serves more than 20 million customers through a network of about 3,100 branches worldwide, of which 67% in Germany. In its home market, Germany, Deutsche Bank is the undisputed number one, and it has a leading market position in Europe. In 2010, Deutsche Bank announced the largest capital increase in its history, intended to finance the takeover of Deutsche Postbank AG. With a market share of 21 percent, Deutsche Bank is the largest foreign exchange dealer in the world.
| Rank |
Bank |
Country |
Total Assets ($b) |
Date |
| 1 |
BNP Paribas |
France |
2,792.10 |
30/06/2011 |
| 2 |
HSBC Holdings |
UK |
2,690.90 |
30/06/2011 |
| 3 |
Deutsche Bank |
Germany |
2,681.30 |
30/06/2011 |
| 4 |
Mitsubishi UFJ Financial Group |
Japan |
2,479.50 |
30/03/2011 |
| 5 |
Barclays PLC |
UK |
2,395.30 |
30/06/2011 |
| 6 |
Royal Bank of Scotland Group |
UK |
2,319.90 |
30/06/2011 |
| 7 |
Industrial & Commercial Bank of China |
China |
2,304.40 |
30/06/2011 |
| 8 |
Bank of America |
US |
2,264.40 |
30/06/2011 |
| 9 |
JPMorgan Chase |
US |
2,246.80 |
30/06/2011 |
| 10 |
Credit Agricole SA |
France |
2,236.80 |
30/03/2011 |
| 11 |
Citigroup |
US |
1,956.60 |
30/06/2011 |
| 12 |
Mizuho Financial Group |
Japan |
1,942.60 |
30/06/2011 |
| 13 |
China Construction Bank |
China |
1,818.40 |
30/06/2011 |
| 14 |
ING Group |
Netherlands |
1,798.60 |
30/06/2011 |
| 15 |
Banco Santander |
Spain |
1,785.80 |
30/06/2011 |
| 16 |
Bank of China |
China |
1,776.47 |
30/06/2011 |
| 17 |
Agricultural Bank of China |
China |
1,773.11 |
30/06/2011 |
| 18 |
Sumitomo Mitsui Financial Group |
Japan |
1,652.82 |
30/06/2011 |
| 19 |
Societe Generale |
France |
1,590.72 |
30/06/2011 |
| 20 |
Lloyds Banking Group |
UK |
1,570.59 |
30/06/2011 |
| 21 |
Groupe BPCE |
France |
1,532.53 |
30/06/2011 |
| 22 |
UBS |
Switzerland |
1,469.46 |
30/06/2011 |
| 23 |
UniCredit S.p.A. |
Italy |
1,331.88 |
30/06/2011 |
| 24 |
Wells Fargo |
US |
1,259.73 |
30/06/2011 |
| 25 |
Credit Suisse Group |
Switzerland |
1,160.72 |
30/06/2011 |
| 26 |
Commerzbank |
Germany |
991.085 |
30/06/2011 |
| 27 |
Rabobank Group |
Netherlands |
963.910 |
30/06/2011 |
| 28 |
Intesa Sanpaolo |
Italy |
934.576 |
30/06/2011 |
| 29 |
Nordea Bank |
Sweden |
859.851 |
30/06/2011 |
| 30 |
Norinchukin Bank |
Japan |
839.80 |
31/03/2011 |
| 31 |
Morgan Stanley |
US |
830.747 |
30/06/2011 |
| 32 |
BBVA (Banco Bilbao Vizcaya Argentaria) |
Spain |
824.389 |
30/06/2011 |
| 33 |
China Development Bank |
China |
775.20 |
31/12/2010 |
| 34 |
Royal Bank of Canada |
Canada |
765.396 |
31/07/2011 |
| 35 |
Dexia |
Belgium |
750.521 |
30/06/2011 |
| 36 |
National Australia Bank |
Australia |
708.360 |
31/03/2011 |
| 37 |
Toronto-Dominion Bank (TD Bank Group) |
Canada |
696.503 |
31/07/2011 |
| 38 |
Natixis |
France |
656.665 |
30/06/2011 |
| 39 |
CM10-CIC Group |
France |
688.158 |
30/06/2011 |
| 40 |
Bank of Communications |
China |
672.583 |
30/06/2011 |
| 41 |
Westpac |
Australia |
647.538 |
30/09/2011 |
| 42 |
KfW Bankengruppe |
Germany |
646.807 |
30/06/2011 |
| 43 |
Commonwealth Bank of Australia |
Australia |
645.288 |
30/06/2011 |
| 44 |
Danske Bank |
Denmark |
607.573 |
30/06/2011 |
| 45 |
Bank of Nova Scotia |
Canada |
594.750 |
31/07/2011 |
| 46 |
ANZ Banking Group |
Australia |
574.362 |
30/09/2011 |
| 47 |
Banque Federative du Credit Mutuel (BCFM) |
France |
566.252 |
30/06/2011 |
| 48 |
DZ Bank Group |
Germany |
555.695 |
30/06/2011 |
| 49 |
Standard Chartered |
UK |
516.540 |
31/12/2010 |
| 50 |
Landesbank Baden-Wuerttemberg (LBBW) |
Germany |
514.315 |
30/06/2011 |
| 51 |
Bank of Montreal |
Canada |
477.471 |
31/10/2011 |
| 52 |
KBC Group |
Belgium |
453.575 |
30/06/2011 |
| 53 |
Nomura Holdings |
Japan |
443.366 |
31/03/2011 |
| 54 |
Banco Bradesco |
Brazil |
437.892 |
30/06/2011 |
| 55 |
Bayerische Landesbank |
Germany |
431.107 |
30/06/2011 |
| 56 |
China Merchants Bank |
China |
408.898 |
30/06/2011 |
Top Banks in the World at December 2011
Below is a list of the largest banks in the world as of December 31, 2011. Deutsche Bank currently is the largest bank in the world in terms of total assets.
| Rank |
Bank |
Country |
Assets ($b) |
Date |
| 1 |
Deutsche Bank |
Germany |
2,802.71 |
31/12/2011 |
| 2 |
Mitsubishi UFJ Financial Group |
Japan |
2,741.52 |
31/12/2011 |
| 3 |
HSBC Holdings |
UK |
2,715.70 |
30/09/2011 |
| 4 |
BNP Paribas |
France |
2,545.34 |
31/12/2011 |
| 5 |
Royal Bank of Scotland Group |
UK |
2,499.88 |
30/09/2011 |
| 6 |
Crédit Agricole Group |
France |
2,448.61 |
30/09/2011 |
| 7 |
Barclays PLC |
UK |
2,430.74 |
31/12/2011 |
| 8 |
Industrial & Commercial Bank of China |
China |
2,400.08 |
30/09/2011 |
| 9 |
JPMorgan Chase |
USA |
2,265.79 |
31/12/2011 |
| 10 |
Bank of America |
USA |
2,129.05 |
31/12/2011 |
| 11 |
Mizuho Financial Group |
Japan |
2,096.89 |
30/09/2011 |
| 12 |
Citigroup Inc |
USA |
1,874.91 |
31/12/2011 |
| 13 |
China Construction Bank |
China |
1,867.82 |
30/09/2011 |
| 14 |
Agricultural Bank of China |
China |
1,838.74 |
30/09/2011 |
| 15 |
Bank of China |
China |
1,829.36 |
30/09/2011 |
| 16 |
Sumitomo Mitsui Financial Group |
Japan |
1,805.09 |
31/12/2011 |
| 17 |
ING Group |
Netherlands |
1,656.74 |
31/12/2011 |
| 18 |
Banco Santander |
Spain |
1,620.92 |
31/12/2011 |
Note: The foreign exchange rate on December 30, 2011, has been used for translation.
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