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Top 10 Largest banks in the World

This list of ranking of the largest banks in the world based upon the assets which the bank holds. Assets are divided into two forms of current assets and non-current assets. we are taking only total assets of the bank.

largest bank in the world

- Industrial & Commercial bank of China                           China
- China Construction Bank Corp                                           China
- Agricultural Bank of China                                                  China
- Bank of China                                                                         China
- Mitsubishi UFJ financial group                                          Japan
- JP Morgan Chase & Co.                                                        USA
- HSBC Holdings                                                                      UK
- Bank of America                                                                     USA
- BNP Paribas                                                                          France

Industrial & Commercial Bank of China ( $4.03 Trillion)

Industrial & Commercial Bank of China is the largest bank in the world by total assets, deposits, loan, and a number of customers and employees. It was founded on January 1984. ICBC was listed on the Shanghai Stock Exchange and Hong-Kong stock Exchange on October 2006. 

As of December 2018, the total assets of Industrial & Commercial Bank of China is $4.03 trillion. ICBC is the largest public company in the world and China. ICBC becomes the first Chinese bank who achieve this mark. ICBC has more than 500 million retail customers and 5,240 corporate customers. It has multiple branches which spread across Europe, Asia, America, and Oceania.

China Construction Bank ( $3.38 Trillion)

China Construction Bank was founded in October 1954. It has more than 345,971 employees in its 13,629 domestic branches. it also has overseas branches in Luxembourg, Barcelona, Hong-Kong, Johannesburg, new-york city, Singapore, Tokyo, Melbourne, Sydney, and Auckland. The main Headquarter of China Construction Bank is in Xicheng District, Beijing.

The total assets of a China construction bank, as of 2018 is $3.38 trillion. CCB is one of the major "big four" banks in China. It is the second largest bank in the world by market capitalization. The CCB also invested $731.3 million on the China Healthcare Investment fund for China's growing healthcare sector.

Agriculture Bank of China ( $3.29 Trillion)

Agriculture Bank of China has 320 million retail customers, 2.7 million corporate clients. Agriculture Bank of China was founded in 1951 and it has more than 24,000 branches in mainland China, London, Hong-Kong, Tokyo, New-York, Seoul, Sydney, and Singapore.

The total assets of the Agriculture Bank of China are $3.28 trillion which makes it a china's third-largest lender by assets. In 2010, Initial public offering, agriculture bank of China raises a $19.21 billion in Hong-Kong and Shanghai which is the World's biggest ever IPO at that time. later overtaken by Alibaba.

Bank of China ( $3.09 Trillion)

Bank of China is the oldest bank in mainland China. it is founded in 1912 by the Republican government Bank of China. it has total assets of $3.09 trillion and more than 3,11,000 employees working in the bank of China.

Bank of China has several branches in more than 27 countries which include Australia, the United Kingdom, Ireland, Italy, Germany, France, Russia, the USA, Hungary, Panama, etc. It is the fifth largest bank in the world by market capitalization and one of the four biggest banks of China.

Mitsubishi UFJ Financial Group ( $2.81 Trillion)

Mitsubishi UFJ is the fifth largest bank by total assets, it has total assets of $2.82 trillion. MUFJ was founded October 2015 headquartered Tokyo Japan. It is one of the largest banks in Japan in terms of total assets.

MUFJ is the Japan Bank holding and financial services company which has more than 106,800 employees.

JP Morgan Chase ( $2.62 Trillion)

JP Morgan Chase is located in the city of New-York, United States of America. It is the World's most-valuable bank in terms of Market capitalization. JP Morgan is the largest bank in the United States and it has total assets of $2.53 trillion.

JP Morgon Chase was founded on December 2000. It is the result of the combination of several large U.S banks ( more than 20 banks). It has more than 258,105 employees working on the corporation. JP Morgon chase served its service worldwide.

HSBC Holdings ( $2.60 trillion)

HSBC Holdings is the largest bank in Europe with total assets of $2.65 trillion. HSBC was founded in Hong-Kong in 1865 and later it is Headquartered in London.

HSBC has more than 3,900 offices in 67 different countries across Asia, Africa, Europe, Oceania, North America, and South America. It has more than 40 million customers all around the world. HSBC is listed on the London Stock Exchange and Hong-Kong stock Exchange. HSBC is organized in four groups of Global banking, commercial banking, Retail Banking, and Wealth Management.

Bank of America ( $2.35 Trillion)

Bank of America is the 8th largest bank in the World and 2nd largest bank in the United States of America after JP Morgan. It has total assets of $2.35 trillion and revenue of $91.24 billion.

It was founded in February 1784 as Massachusetts bank then it becomes the bank of Italy in October 1904 and In September 1988 it is named as the bank of America. bank of America was headquartered in North Carolina U.S with more than 204489 employees and it also has its different branches in London, Hong-Kong, Toronto, Minneapolis, and New York City. Bank of America has a market capitalization of $313.5 billion which makes it the 13th largest company in the world.

BNP Paribas ( $2.34 Trillion)

BNP Paribas Bank was formed through the merger of two banks Banque Nationale de Paris (BNP) and Paribas. BNP Paribas is one of the major International French bank, headquartered at Boulevard des Italiens, Paris, France.

BNP Paribas has total assets of $2.34 trillion with a presence in 77 countries of the world. The Total number of employees in the bank are 202,624. In 2015, the BNP Paribas group was organized around two business areas: Retail Banking, Corporate and Institutional banking.

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