World's Largest Banks by market cap 2012
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The list below shows the largest banks in the world based on market capitalization as of January 20, 2012. Industrial & Commercial Bank of China (ICBC) is the largest bank in the world by market capitalization value. Chinese banks occupy the top positions. The People’s Republic now has 4 of the top 7 banks, including the top 2.
| Rank |
Bank |
Country |
Market cap ($b, 20/01/2012) |
| 1 |
Industrial & Commercial Bank of China (ICBC) |
China |
240.95 |
| 2 |
China Construction Bank |
China |
195.85 |
| 3 |
Wells Fargo & Co |
US |
160.72 |
| 4 |
HSBC Holdings |
UK |
150.90 |
| 5 |
Agricultural Bank of China |
China |
141.73 |
| 6 |
JP Morgan Chase |
US |
140.95 |
| 7 |
Bank of China |
China |
128.80 |
| 8 |
Itau Unibanco |
Brazil |
88.17 |
| 9 |
Citigroup |
US |
86.67 |
| 10 |
Commonwealth |
Australia |
82.62 |
| 11 |
Royal Bank Canada |
Canada |
76.56 |
| 12 |
Bank of America |
US |
71.77 |
| 13 |
Toronto-Dominion Bank |
Canada |
70.53 |
| 14 |
Banco Santander |
Spain |
67.32 |
| 15 |
Westpac |
Australia |
65.77 |
| 16 |
Mitsubishi UFJ Financial |
Japan |
64.25 |
| 17 |
Banco Bradesco |
Brazil |
63.91 |
| 18 |
Sberbank of Russia |
Russia |
59.36 |
| 19 |
ANZ Banking |
Australia |
58.48 |
| 20 |
Bank of Nova Scotia |
Canada |
58.16 |
| 21 |
Standard Chartered |
UK |
57.68 |
| 22 |
National Australia Bank |
Australia |
56.04 |
| 23 |
US Bancorp |
US |
54.85 |
| 24 |
BNP Paribas |
France |
54.21 |
| 25 |
Goldman Sachs Group |
US |
53.53 |
| 26 |
UBS |
Switzerland |
52.00 |
| 27 |
Bank of Communications |
China |
48.11 |
| 28 |
China Merchants Bank |
China |
45.15 |
| 29 |
Sumitomo Mitsui Financial |
Japan |
43.62 |
| 30 |
BBVA |
Spain |
42.98 |
| 31 |
Banco do Brasil |
Brazil |
42.19 |
| 32 |
Barclays |
UK |
42.07 |
| 33 |
Deutsche Bank |
Germany |
39.17 |
| 34 |
Bank of Montreal |
Canada |
37.93 |
| 35 |
Mizuho Financial Group |
Japan |
35.82 |
| 36 |
Morgan Stanley |
US |
35.49 |
| 37 |
Banco Santander (Brasil) |
Brazil |
34.97 |
| 38 |
Lloyds Banking Group |
UK |
34.76 |
| 39 |
Nordea Bank |
Sweden |
33.57 |
| 40 |
China Citic Bank |
China |
31.40 |
| 41 |
PNC Financial Services |
US |
31.37 |
| 42 |
Credit Suisse Group |
Switzerland |
31.29 |
| 43 |
Canadian Imperial Bank of Commerce (CIBC) |
Canada |
30.76 |
| 44 |
Intesa Sanpaolo |
Italy |
29.00 |
| 45 |
BOC Hong Kong |
Hong Kong |
28.13 |
| 46 |
Shanghai Pudong Development Bank |
China |
27.76 |
| 47 |
Bank of New York Mellon |
US |
25.80 |
| 48 |
Royal Bank of Scotland |
UK |
25.17 |
| 49 |
Hang Seng Bank |
Hong Kong |
24.49 |
| 50 |
State Bank of India |
India |
24.48 |
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