List of largest banks

February 19, 2023

List of largest banks

The following are lists of the largest banks in the world, as measured by total assets.^[1]

By total assets

The list is based on the April 2022 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon assets as reported and was not adjusted for different accounting treatments.^[1]

Accounting treatment affects the assets reported: for example, the United States uses US GAAP (as opposed to IFRS), which only reports the net derivative position in most cases, leading to US banks having fewer derivative assets than comparable non-US banks.^[2] If JPMorgan Chase reported under the IFRS, it would be ranked 4th on the list as of 2022, rather than 5th.^[1]

Rank	Bank name	Total assets (2021) (US$ billion)
1	Industrial and Commercial Bank of China Limited	5,536.53
2	China Construction Bank	4,762.46
3	Agricultural Bank of China	4,575.95
4	Bank of China	4,206.53
5	JPMorgan Chase	3,743.57
6	Mitsubishi UFJ Financial Group	3,176.84
7	Bank of America	3,169.50
8	HSBC	2,953.64
9	BNP Paribas	2,905.83
10	Crédit Agricole	2,674.35
11	Citigroup Inc.	2,291.41
12	SMBC Group	2,176.94
13	Japan Post Bank	1,998.98
14	Postal Savings Bank of China	1,981.53
15	Mizuho Financial Group	1,957.87
16	Wells Fargo	1,948.07
17	Barclays	1,874.40
18	Bank of Communications	1,836.38