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The World's Top 50 Largest Banks By Consolidated Assets
• https://www.zerohedge.com, by Tyler DurdenIn this graphic, Visual Capitalist's Marcus Lu lists the top 50 banks in the world by consolidated assets, based on a 2023 report from S&P Global Market Intelligence. The data represents each bank's total assets for the most recent period available.
Chinese Banks Keep on Growing
According to S&P, the four largest Chinese banks grew their assets by 4.1% in 2022, reaching a combined total of $19.8 trillion.
In fact, Chinese banks already account for over a third of the assets held by the largest banks on the planet. Four of the 15 biggest companies in China are banks.
1 | Industrial and Commercial Bank of China | ???????? China | $5.7T |
2 | China Construction Bank Corp | ???????? China | $5.0T |
3 | Agricultural Bank of China | ???????? China | $4.9T |
4 | Bank of China | ???????? China | $4.2T |
5 | JPMorgan Chase & Co. | ???????? US | $3.7T |
6 | Bank of America | ???????? US | $3.1T |
7 | Mitsubishi UFJ Financial Group | ???????? Japan | $3.0T |
8 | HSBC Holdings | ???????? UK | $2.9T |
9 | BNP Paribas | ???????? France | $2.9T |
10 | Crédit Agricole Group | ???????? France | $2.5T |
11 | Citigroup | ???????? US | $2.4T |
12 | Postal Savings Bank of China | ???????? China | $2.0T |
13 | Sumitomo Mitsui Financial Group | ???????? Japan | $2.0T |
14 | Mizuho Financial Group | ???????? Japan | $1.9T |
15 | Bank of Communications | ???????? China | $1.9T |
16 | Wells Fargo & Co. | ???????? US | $1.9T |
17 | Banco Santander | ???????? Spain | $1.9T |
18 | Barclays PLC | ???????? UK | $1.8T |
19 | JAPAN POST BANK | ???????? Japan | $1.7T |
20 | UBS Group | ???????? Switzerland | $1.7T |