List of Largest Bank in the World | Top 10 Ranking

The list of the largest banks in the world subsequently lists the world's largest banks by total assets, market capitalization and sales. An alternative to identifying the largest and most important banks is the list of global systemically important banks, published annually by the Financial Stability Board.

This is the largest bank in the four major commercial banks in the People's Republic of China. This bank was established as a limited company on January 1, 1984. In 2009, ICBC owned RMB assets 11 trillion (US $1.6 trillion), with more than 18,000 outlets including 106 branch offices and foreign agents.

2. China Construction Bank Corporation

To date, CCB ranks as the second largest bank in the country and the second largest in the world with market capitalization. This bank has around 13,629 domestic branches. In addition, the CCB maintains overseas branch offices in Frankfurt, Hong Kong, Johannesburg, New York, Seoul, Singapore, Tokyo, Sydney, and wholly owned subsidiaries in London. The total assets reached RMB 8.7 trillion in 2009.

3. Sberbank of Russia

Sberbank is a Russian company engaged in the financial sector. In 2014, Sberbank received sales of US $56.5 billion with profits of US $11.4 billion. In the same year, Sberbank was ranked 58th in the Global 2000 list, a list of the world's largest companies ranked by Forbes business magazine, with a total market value of US $51.5 billion and total assets of US $554.2 billion.

4. Agricultural Bank of China

In April 2007, the ABC was the victim of the largest bank robbery in Chinese history. Two bank employees captured around $6.7 million in Handan. They were convicted in a lawsuit. In 2010, the ABC was brought to the stock exchanges in Shanghai and Hong Kong. The Bank's total market capitalization at the beginning of 2017 was $149.2 billion. Since 2014, the bank has been on the list of global systemically important banks of the Financial Stability Board.

5. Bank of China

Market capitalization in 2017 amounted to 895.75 billion yuan. Net profits for the same year totaled 157.85 billion yuan, bringing it to fifth place in 2017. According to Forbes magazine, the Bank of China in 2017 is the eighth global enterprise.

6. U.S. Bancorp

US Bancorp is a US multinational banking group and holding company offering various types of financial services to 18.7 million customers worldwide. They were ranked 109th in the list of world's largest public company in 2017. They were founded on September 9, 1968, when the US National Bank of Oregon decided to start a holding company called US Bancorp.

7. Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc. is a Japanese banking and financial holding company located in Chiyoda (Tokyo). With assets worth about 2.5 trillion dollars (200 trillion Yen) is one of the core companies of Mitsubishi Group. MUFG is the largest financial group in Japan and the second largest bank in the world, in which the total amount of deposits is about $1.6 trillion (as of March 2010). The best corporate bank in 2015 according to the Global Finance magazine.

8. JPMorgan Chase & Co.

9. HDFC Bank

10. HSBC Holdings PLC

11. BNP Paribas

12. Itau Unibanco

13. Bank of America

Bank of America (BofA) (NYSE: BAC) is the third largest bank in the United States in terms of assets. It is owned by Bank of America Corp., based in Charlotte, North Carolina. Bank of America Corporation was the result of a merger between BankAmerica Corp and NationsBank in 1998.

14. Crédit Agricole

15. Charles Schwab

16. Wells Fargo & Co.

17. Japan Post Bank

18. PNC Financial Services Group

19. Citigroup Inc.

20. Sumitomo Mitsui Financial Group

21. Banco Bradesco

22. Deutsche Bank

23. Banco Santander

24. Bank of New York Mellon

25. Mizuho Financial Group

26. Barclays PLC

27. BOC Hong Kong

28. Société Générale

29. Groupe BPCE

30. Bank of Communications

31. DBS Group

32. Postal Savings Bank of China

33. Lloyds Banking Group

34. Royal Bank of Canada

35. Toronto-Dominion Bank

36. Capital One

37. ING Group

38. Norinchukin Bank

39. UniCredit

40. Royal Bank of Scotland Group

41. Industrial Bank

42. Hang Seng Bank

43. China Merchants Bank

44. Intesa Sanpaolo

45. Shanghai Pudong Development Bank

46. CIBC

47. UBS

48. Goldman Sachs

49. Bank Central Asia

50. China Minsheng Bank

51. China CITIC Bank

52. Morgan Stanley

53. BB&T Corp

54. Crédit Mutuel

55. Credit Suisse

56. Banco Bilbao Vizcaya Argentaria

57. Oversea-Chinese Banking Corp

58. Scotiabank

59. State Street

60. Commonwealth Bank

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