Mto Songwe
JF-Expert Member
- Jul 17, 2023
- 6,028
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LIST OF LARGEST BANKS
The following are lists of the largest banks in the world, as measured by total assests
By total assets
Industrial and Commercial Bank of China
China Construction Bank
Agricultural Bank of China
Bank of China
JPMorgan Chase
Mitsubishi UFJ Financial Group
Bank of America
HSBC
BNP Paribas
Crédit Agricole
The list is based on the April 2023 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.
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. If JPMorgan Chase reported under the IFRS, it would be ranked 4th on the list as of 2022, rather than 5th.
Banks by country or territory
Number of banks in the top 100 by total assetsRank | Country | Number |
---|---|---|
1 | China | 20 |
2 | United States | 11 |
3 | Japan | 8 |
4 | United Kingdom | 6 |
France | 6 | |
Canada | 6 | |
South Korea | 6 | |
8 | Australia | 5 |
9 | Germany | 4 |
10 | Spain | 3 |
Netherlands | 3 | |
Singapore | 3 | |
Brazil | 3 | |
14 | Switzerland | 2 |
Italy | 2 | |
Russia | 2 | |
Sweden | 2 | |
18 | India | 1 |
Finland | 1 | |
Denmark | 1 | |
Belgium | 1 | |
Austria | 1 | |
Norway | 1 | |
Qatar | 1 | |
United Arab Emirates | 1 |