Top 10 largest banks in the world

Oct Mon 2025 02:28:19

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When you flip through the list of the best banks in the world, one country repeatedly appears at the forefront, China. Be it central banks or commercial banks, Chinese banks have been establishing a strong presence in both sectors for decades. China's central bank, the People's Bank of China, is known as the world's largest central bank.

Industrial and Commercial Bank of China

When talking about the world's largest bank, the first name that comes to mind is Industrial and Commercial Bank of China Limited (ICBC). This institution has established an unprecedented dominance not only in China but also in the world's banking sector. ICBC is not only large in size, but also leads in its total assets, deposits, loan flow, number of customers and number of employees. It is not only affecting China's financial structure, but also in the global market.

The journey of this bank, owned by the Chinese government, began on January 1, 1984. Established in Beijing as a local government bank, this institution has gained the status of China's economic engine in a short period of time. In terms of assets, ICBC's height is amazing. As of December 2017, its total assets had reached 40.09 trillion US dollars. This number has continued to rise over time, and by June 2025, the bank's assets had reached 7.303 trillion US dollars. It is not only a Chinese bank but also a model of the world's banking power. It has surpassed others in size, wealth and influence.

China Construction Bank

The bank of China is also included in the list of the world's second largest commercial banks. China Construction Bank of China is one of the four largest banks in the People's Republic of China. When it was established in 1954 as the People's Construction Bank of China, it was operated as a fully state-owned bank.

This bank has 14,977 branches in China alone, and in addition, it also has branches in Barcelona, Frankfurt, Luxembourg, Hong Kong, Johannesburg, New York, Seoul, Singapore, Tokyo, Melbourne, Kuala Lumpur, Sydney, Auckland and London. The bank has 352,621 employees. Meanwhile, the bank's total market capitalization in 2019 was 225 billion US dollars and total assets were 3,382 billion US dollars. In a year, the bank has been generating a profit of $39 billion with a business of $150 billion per year.

Agricultural Bank of China

The world's third largest bank is also located in China. Established in 1951, the Agricultural Bank of China (ABC) is the world's third largest bank. It has branches in China, Tokyo, Hong Kong, London, New York, Frankfurt, Sydney, Singapore, and Seoul, and its head office is in Beijing. The bank has a total of 24,000 branches.

Bank of China
Established in 1912, Bank of China is the longest-running continuously operating bank among Chinese banks. The bank is still considered one of the best banks in the world. The bank has continuously served as the country's central bank, international exchange bank, and international trade bank.

Although the bank was restructured into a fully state-owned commercial bank in 1994, it has started providing various types of financial services. Which has developed into a large commercial bank providing services in local and foreign currencies with strong capabilities.

JPMorgan Chase

JPMorgan Chase is located in New York, United States. The bank has total assets of $3.3 trillion. This bank is the largest bank in the United States. The number of branches of the bank has reached 77,690. It is the second largest bank in the world in terms of market capitalization. It is the fourth largest in the world in terms of assets. With total assets of $2.5 trillion, this bank is the largest bank in the United States.

HSBC Holdings

The Hong Kong and Shanghai Banking Corporation (HSBC) of Britain is one of the largest banks in the world. This bank has expanded to 50 countries in North America, Europe, the Middle East and Asia. The bank has 40,000 employees in the United Kingdom alone, where it is headquartered.

Wells Fargo is an American multinational financial services company. The bank operates in 35 countries and serves more than 70 million customers. It is the fourth largest bank in the United States in terms of size. It has over 8,000 branches and over 13,000 ATMs.

Citigroup
Citigroup, based in the United States, was founded on October 8, 1998. At that time, Citibank's bank holding company, Citi Corp., and Travelers merged. At that time, it was the world's largest financial services institution. The bank had total assets of approximately $1.94 trillion as of 2023. Citigroup handles approximately $5 trillion in financial transactions daily and serves more than 19,000 institutional clients in 180 countries.

BNP Paribas
BNP Paribas, one of the world's largest banks, is a French bank with over 190,000 employees. As of June 2025, the company had total assets of $3.358 trillion. It has branches in 64 countries, including India.

Mitsubishi UFJ Finance Group
Mitsubishi UFJ Finance Group is a bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. Founded in 1880, the company's total assets are estimated to be approximately US$2.7 trillion as of 2024. The company is the largest financial group in Japan. The company is also among the top 10 bank holding companies in the world. Its total deposits as of April 2024 are approximately US$1.5 trillion.