Following are the largest banks in the world ranked by total assets. The top 10 banks hold over $25 trillion in combined assets. Industrial and Commercial Bank of China (ICBC) is currently the largest bank in the world with assets of CNY17.542 trillion (US$2.811 trillion). ICBC occupied only the sixth position in December 2011. HSBC Holdings is the second largest financial institution in the world with assets of over $2.692 trillion. Deutsche Bank (DB) is the third largest bank in the world. DB also ranks among the ten largest asset and wealth managers globally with over $1.250 trillion in assets under management.

Rank Bank Country Total assets, US$b Balance sheet
1 Industrial & Commercial Bank of China (ICBC) China 2,811.34 31.12.2012
2 HSBC Holdings UK 2,692.54 31.12.2012
3 Deutsche Bank Germany 2,665.40 31.12.2012
4 Crédit Agricole Group France 2,660.86 31.12.2012
5 Mitsubishi UFJ Financial Group Japan 2,594.82 31.12.2012
6 BNP Paribas France 2,527.22 31.12.2012
7 Credit Agricole SA France 2,441.18 31.12.2012
8 Barclays PLC UK 2,401.81 31.12.2012
9 JPMorgan Chase & Co. USA 2,359.14 31.12.2012
10 Japan Post Bank Japan 2,291.35 31.12.2012
11 China Construction Bank Corporation China 2,239.31 31.12.2012
12 Bank of America USA 2,209.97 31.12.2012
13 Agricultural Bank of China China 2,122.56 31.12.2012
14 Royal Bank of Scotland Group UK 2,114.90 31.12.2012
15 Bank of China China 2,032.22 31.12.2012
16 Mizuho Financial Group Japan 1,982.30 31.12.2012
17 Citigroup Inc USA 1,864.66 31.12.2012
18 Banco Santander Spain 1,682.30 31.12.2012
19 Societe Generale France 1,657.21 31.12.2012
20 Sumitomo Mitsui Financial Group Japan 1,651.79 31.12.2012
21 ING Group Netherlands 1,539.85 31.12.2012
22 Groupe BPCE France 1,520.50 31.12.2012
23 Lloyds Banking Group UK 1,490.01 31.12.2012
24 Wells Fargo USA 1,422.97 31.12.2012
25 UBS Switzerland 1,380.13 31.12.2012
26 UniCredit S.p.A. Italy 1,228.07 31.12.2012
27 China Development Bank China 1,209.97 31.03.2013
28 Credit Suisse Group Switzerland 1,013.02 31.12.2012
29 Rabobank Group Netherlands 996.966 31.12.2012
30 Goldman Sachs USA 938.555 31.12.2012
31 Norinchukin Bank Japan 933.705 31.12.2012
32 Nordea Bank Sweden 897.602 31.12.2012
33 Intesa Sanpaolo Italy 892.371 31.12.2012
34 Bank of Communications China 845.120 31.12.2012
35 BBVA (Banco Bilbao Vizcaya Argentaria) Spain 845.084 31.12.2012
36 Commerzbank Germany 842.557 31.12.2012
37 Royal Bank of Canada Canada 842.048 31.01.2013
38 Toronto-Dominion Bank Canada 822.843 31.01.2013
39 National Australia Bank Australia 790.586 31.12.2012
40 Morgan Stanley USA 780.960 31.12.2012
41 Commonwealth Bank of Australia Australia 748.013 31.12.2012
42 Bank of Nova Scotia (Scotiabank) Canada 740.285 31.01.2013
43 Westpac Banking Corporation Australia 702.562 31.12.2012
44 Natixis France 700.106 31.12.2012
45 Australia and New Zealand Banking Group Australia 697.498 31.12.2012
46 KfW Bankengruppe Germany 677.885 31.12.2012
47 Standard Chartered UK 636.518 31.12.2012
48 Danske Bank A/S Denmark 619.071 31.12.2012
49 Banco do Brasil S.A. Brazil 563.494 31.12.2012
50 Bank of Montreal (BMO) Canada 545.154 31.01.2013
51 DZ Bank Germany 539.552 31.12.2012
52 Banque Federative du Credit Mutuel (BFCM Group) France 509.891 30.06.2012
53 Dexia SA Belgium 473.314 31.12.2012
54 Landesbank Baden-Wurttemberg (LBBW) Germany 445.608 31.12.2012

* The exchange rate on December 28, 2012