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Biggest Banks in the World 2021

Here is the list of 50 biggest banks in the world, created after a lot of research by our dedicated team. These top banks are from around the world and are essential part of world economy. Banking plays a vital role in serving the society. The banking sector is one of the biggest industry. Every industry is related to banking in one way or other. The commercial banks have grown so big and are highly organized. 

While compiling the list of largest banks in the world, we had a look on the S&P Global Market Intelligence data and other resources to make it perfect. We tried our best to make it accurate, the data provided here is as of 2021. It is hard to believe that the total assets of each of these big banks is so huge and are in trillions of dollars. One of the reasons for banks to become huge is modernization and digitalization, the banking industry has penetrated into the most remote areas around the world. Also, here is the list of 10 biggest banks in the United states 2021

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50 Biggest Banks in the Word

  1. Industrial and Commercial Bank of China
  2. China Construction Bank
  3. Agricultural Bank of China
  4. Bank of China
  5. Mitsubishi UFJ Financial Group
  6. HSBC
  7. JPMorgan Chase
  8. Bank of America
  9. BNP Paribas
  10. Crédit Agricole
  11. Japan Post Bank
  12. SMBC Group
  13. Citigroup Inc.
  14. Wells Fargo
  15. Mizuho Financial Group
  16. Banco Santander
  17. Société Générale
  18. Barclays
  19. Groupe BPCE
  20. Postal Savings Bank of China
  21. Deutsche Bank
  22. Bank of Communications
  23. Royal Bank of Canada
  24. Lloyds Banking Group
  25. Toronto-Dominion Bank
  26. China Merchants Bank
  27. Intesa Sanpaolo
  28. Norinchukin Bank
  29. ING Group
  30. Goldman Sachs
  31. Industrial Bank (China)
  32. Crédit Mutuel
  33. UBS
  34. UniCredit
  35. China Minsheng Bank
  36. NatWest Group
  37. Shanghai Pudong Development Bank
  38. China CITIC Bank
  39. Morgan Stanley
  40. Scotiabank
  41. Credit Suisse
  42. Banco Bilbao Vizcaya Argentaria
  43. State Bank of India
  44. Standard Chartered
  45. Commonwealth Bank
  46. China Everbright Bank
  47. Bank of Montreal
  48. Rabobank
  49. Australia and New Zealand Banking Group
  50. DZ Bank

Biggest Banks in the word (Details)

Industrial and Commercial Bank Of China Ltd. 

Industrial and Commercial Bank of China was founded in the year 1984 and is the biggest bank in the world in terms of total assets. The bank is headquartered in Xicheng District, Beijing, China. The bank is listed on Shanghai Stock Exchange and The Stock Exchange of Hong Kong Limited. The bank has around 8000 corporate and 650M personal customers. It provides all type of banking and financial services such as loan, wealth management, mortgages, and so on.

Website : www.icbc-ltd.com/ICBCLtd/en 

Total Assets : 4324.27 Billion = 4.32427 Trillion

Chairman : Chen Siqing

Total Branches : 18,204

Country : China

World Ranking : 1

Bank Locations : Google map for Industrial and Commercial Bank Of China Ltd.

 

China Construction Bank

China Construction Bank was founded in the year 1954 and is the second biggest bank in the world in terms of total assets. The bank is headquartered in Xicheng District, Beijing, China. The bank is listed on Shanghai Stock Exchange and The Stock Exchange of Hong Kong Limited. The bank has around 3.48M corporate and 314M personal customers. All the big banks in china are state owned.

Website : www.icbc-ltd.com/ICBCLtd/en 

Total Assets : $3375 Billion = $3.375 trillion

Chairman : Wang Hongzhang

Total Branches : 14,000

Country : China

World Ranking : 2

Bank Locations : Google map for China Construction Bank

 

Agricultural Bank of China

Founded in 1951, Agricultural Bank of China is the third largest bank in the world. The bank is headquartered in Dongcheng District, Beijing. It has total assets of 3285 billion and market cap of 131.5 billion dollars. 

Website : http://www.abchina.com/en/

Total Assets : $3286 Billion = $3.286 trillion

Chairman : Zhao Huan

Total Branches : 23,610

Country : China

World Ranking : 3

Bank Locations : Google map for Agricultural Bank of China

 

Bank of China

Bank of china is the 4th largest bank in the world with 3,11,000 employees and a total assets of $3091 billion. Headquartered in Beijing, China, the bank was founded in the year 1912 and was founded by Chen Jintao. This bank operates in 27 countries Australia, Canada, United Kingdom, Ireland, France, Germany, Italy, Luxembourg, Russia, Hungary, United States, Panama, Brazil, Japan, Republic of Korea, Singapore, Taiwan, Philippines, Vietnam, Malaysia, Thailand, Indonesia, Kazakhstan, Bahrain, Zambia, South Africa, and Cayman Islands.

Website : https://www.bochk.com/en/home.html

Total Assets : $3091 Billion = $3.091 trillion

Chairman : Liu Liange

Total Branches : 23,682

Country : China

World Ranking : 4

Bank Locations : Google map for Bank of China

 

Mitsubishi UFJ Financial Group

Bank of Tokyo-Mitsubishi UFJ Bank merged in 2006 to form the 5th biggest bank in the world MUFJ with a total assets of $3.069 trillion. Mitsubishi is the Japan's largest financial company.

Website : https://www.mufg.jp/english/index.html

Total Assets : $3069 Billion = $3.069 trillion

Chairman : Nobuyuki Hirano

Total Branches : 868

Country : Japan

World Ranking : 5

Bank Locations : Google map for Mitsubishi UFJ Financial Group

 

HSBC (Hongkong and Shanghai Banking Corporation Limited)

HSBC is the largest bank in Europe and 6th largest globally with an asset of $2.715 trillion. It is British multinational bank and is headquartered in 8 Canada Square London, England, UK. It has around 3800+ branches in 64+ countries.

Website : https://www.hsbc.com/

Total Assets : $2715 Billion = $2.715 trillion

Chairman : Mark Tucker

Total Branches : 3800+

Country : UK

World Ranking : 6

Bank Locations : Google map for HSBC

 

JPMorgan Chase Bank

Website : https://www.jpmorganchase.com/

Total Assets : $2623 Billion = $2.623 trillion

Chairman : Jamie Dimon

Total Branches : 4700

Country : United States of America

World Ranking : 7

Bank Locations : Google map for JPMorgan Chase Bank

 

Bank of America

Website : https://www.bankofamerica.com/

Total Assets : $2434 Billion = $2.434 trillion

Chairman : Brian Moynihan

Total Branches : 4600

Country : United States of America

World Ranking : 8

Bank Locations : Google map for Bank of America

 

BNP Paribas

Website : https://cib.bnpparibas.com/

Total Assets : $2040 Billion = $2.040 trillion

Chairman : Jean Lemierre

Total Branches : 7000+

Country : France

World Ranking : 9

Bank Locations : Google map for BNP Paribas

 

Crédit Agricole

Website : https://www.credit-agricole.com/en

Total Assets : $2010 Billion = $2.010 trillion

Chairman : Dominique Lefebvre

Total Branches : 7200

Country : France

World Ranking : 10

Bank Locations : Google map for Crédit Agricole

***All figures are in USD

About the Author
Paul William
Author: Paul William
I am an American Economist (Ph.D. MIT). Over 1981-88, I was an Assistant Professor of Economics at the City University of New Work. I have also assisted the Republic Government of USA I have worked in several countries in Europe and Africa as a consultant. I have also been a consultant for a variety of U.S. agencies. These include the D.C. Public Service Commission, the D.C. Department of Energy and Wind and Solar Energy California.

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