[FORBES] lists top 50 Banks In The World ( ͡◉ ͜ʖ ͡◉)

Here is the list of top 50 banks in the world by its total assets. And in the list of the richest banks in the world, 12 of them are Chinese bank. 

The biggest bank in the world is the Industrial and Commerical Bank of China. It holds the total assets of $4.00 trillion. And out of the top 50 banks, only 6 are the American banks. This shows that China is unquestionably powerful in banking. 

top 50 banks in the world

The top bank's list includes 12 Chinese banks, 6 American banks, 5 UK banks, 5 Japanese banks, 5 French banks, 4 Australian banks, 3 Canadian banks, 2 banks from Spain, 2 from the Netherlands, 2 from Italy, 2 from Switzerland, 1 from Germany,  and 1 from Finland. Check out the list given below for the top banks. The information is updated in June 2019.


Rank   Name of the Bank Headquaters Total Assets(USD Billions)
1 Industrial and Commercial Bank of China Beijing, China 4,009.26
2 China Construction Bank Corporation Beijing, China 3,400.25
3 Agricultural Bank of China Beijing, China 3,235.65
4 Bank of China Beijing, China 2,991.90
5 Mitsubishi UFJ Financial Group Tokyo, Japan 2,784.74
6 JPMorgan Chase & Co. New York, United States 2,615.00
7 HSBC Holdings PLC London, United Kingdom 2,521.77
8 BNP Paribas Paris, France 2,357.07
9 Bank of America Charlotte, United States 2,338.00
10 Crédit Agricole Montrouge, France 2,117.16
11 Citigroup Inc. New York, United States 1,925.00
12 Japan Post Bank Tokyo, Japan 1,874.02
13 Wells Fargo & Co. San Francisco, United States 1,872.00
14 Sumitomo Mitsui Financial Group Tokyo, Japan 1,775.14
15 Deutsche Bank Frankfurt, Germany 1,765.85
16 Banco Santander Santander, Spain 1,736.23
17 Mizuho Financial Group Tokyo, Japan 1,715.25
18 Barclays PLC London, United Kingdom 1,531.73
19 Société Générale Paris, France 1,531.13
20 Groupe BPCE Paris, France 1,512.27
21 Bank of Communications Shanghai, China 1,389.07
22 Postal Savings Bank of China Beijing, China 1,385.12
23 Lloyds Banking Group London, United Kingdom 1,097.67
24 Royal Bank of Canada Toronto, Canada 1,038.53
25 Toronto-Dominion Bank Toronto, Canada 1,026.36
26 ING Group Amsterdam, Netherlands 1,016.11
27 Norinchukin Bank Tokyo, Japan 1,006.98
28 UniCredit Milan, Italy 1,004.79
29 Royal Bank of Scotland Group Edinburgh, Scotland 997.58
30 Industrial Bank Co., Ltd Fujian, China 986.55
31 China Merchants Bank Shenzhen, China 967.87
32 Intesa Sanpaolo Turin, Italy 961.22
33 Shanghai Pudong Development Bank Shanghai, China 942.88
34 UBS Basel, Switzerland 939.54
35 Goldman Sachs New York, United States 916.78
36 China Minsheng Bank Beijing, China 907.08
37 China CITIC Bank Beijing, China 872.59
38 Morgan Stanley New York, United States 851.73
39 Credit Mutuel Strasbourg, France 836.87
40 Credit Suisse Zürich , Switzerland 817.08
41 Banco Bilbao Vizcaya Argentaria Bilbao, Spain 805.74
42 Scotiabank Toronto, Canada 773.37
43 Commonwealth Bank Sydney, Australia 751.39
44 Rabobank Utrecht, Netherlands 724.05
45 Australia and New Zealand Banking Group Melbourne, Australia 703.84
46 Nordea Helsinki, Finland 698.38
47 Westpac Banking Corporation Westpac Place, Sydney 668.19
48 Standard Chartered London, England 663.50
49 China Everbright Bank Beijing, China 628.31
50 National Australia Bank Melbourne, Australia 618.34