In 2024, the Industrial and Commercial Bank of China (ICBC) was the world's largest bank by total assets, reaching nearly 6.7 trillion U.S. dollars. The next three largest banks were also based in China: the Agricultural Bank of China, China Construction Bank, and Bank of China. The largest non-Chinese bank that year was JPMorgan Chase, with total assets exceeding four trillion U.S. dollars. Largest bank by market capitalization The value of total assets is a common measure of a bank's prosperity, and is defined as all assets owned by the bank. Another common indicator is the bank's market capitalization, which is used to determine the size of the bank. The market capitalization is the market price of one share multiplied by the number of shares outstanding. Ranked by market capitalization instead of total assets, JPMorgan Chase was the largest bank in the world in 2024, while ICBC ranked third. How do digital banks compare? Digital banks have surged in popularity over the past decade, attracting millions of customers with their convenient mobile interfaces, lower fees, and innovative financial products. Despite this impressive user growth, their financial footprint remains dwarfed by traditional banking institutions. A prime example is WeBank, which despite boasting approximately 400 million users - making it the world's largest digital bank by customer count - managed total assets of only about 74 billion U.S. dollars in 2023.

France's banking sector continued to be dominated by traditional powerhouses in 2024, with BNP Paribas leading the pack. The bank's total assets reached an impressive 2.8 trillion U.S. dollars, solidifying its position as the largest bank in France. Crédit Agricole followed closely behind with 2.69 trillion U.S. dollars in assets, while Groupe BPCE and Société Générale rounded out the top four with assets exceeding 1.5 trillion U.S. dollars each. Financial performance and market presence BNP Paribas' leadership extends beyond total assets. The bank's market capitalization also saw substantial growth, reaching 79.3 billion euros in January 2024. This financial strength is further reflected in BNP Paribas' brand value, which exceeded 14 billion U.S. dollars in 2025, making it the most valuable French banking brand globally. Digital banking revolution While traditional banks maintain their dominance, the French banking landscape is experiencing a digital transformation. BoursoBank, a subsidiary of Société Générale, has emerged as the leading digital bank in France with 6.3 million customers in 2024. This growth aligns with the increasing penetration of online banking in France, which reached 72 percent in 2024, surpassing the EU average.

**** was the largest bank in the United Kingdom in 2024, boasting total assets of over ************** U.S. dollars. As of 2024, **** was also the largest bank in Europe, and it stood as one of the global banking industry's leading institutions. Barclays held the second highest value of assets in the UK, followed by Lloyds. Market capitalization of the banking sector in Europe and the UK A different measure, frequently employed to determine the size of a bank, is market capitalization, or the total dollar market value of a company's outstanding shares. Market capitalization is calculated from the current market price of one share and the number of shares outstanding for a company. In 2024, **** was the largest bank in terms of market capitalization trading on the London Stock Exchange and overall in Europe. What does HSBC do? HSBC is a British multinational bank and financial services institution headquartered in London, United Kingdom. The bank serves customers with commercial banking, global private banking, global banking and markets, and personal financial services. The largest geographical region of the bank, in terms of revenue generation, is Asia. At the end of 2024, the bank had roughly ******* employees around the world.

The “big four banks” in the United States are JPMorgan Chase, Bank of America, Wells Fargo, and Citibank. These banks are not only the largest in the United States, but also rank among the top banks worldwide by market capitalization, with JPMorgan Chase being the most valuable bank in the world. Total assets of banks As the largest bank in the United States, JPMorgan Chase had total assets worth close to *** trillion U.S. dollars as of December 2024. Despite being the bank with the highest market capitalization in the world, the bank ranked only fifth in terms of total assets worldwide, while the top four positions were all held by Chinese banks. Stability in the banking sector in the United States In the third quarter of 2024, all the "big four" banks in the United States maintained a common equity tier 1 (CET1) capital ratio significantly above the required minimum of *** percent. JPMorgan Chase reported a CET1 ratio of ***** percent. Meanwhile, the highest CET1 ratio among U.S. banks during this period was ***** percent, achieved by TD Bank, the tenth-largest bank in the country in 2024.

Deutsche Bank had the largest amount of total assets among German banks as of 2021. Other leading institutions included the DZ Bank and KfW. All of them are headquartered in Frankfurt. Deutsche Bank is the largest bank in the country, totaling over **** trillion euros in assets. Bank assets Germany is Europe’s largest economy, housing several banks of international importance which look back on a long history. By definition, assets are owned and have value. Banks hold assets in a variety of forms. The first one that undoubtedly comes to mind is cash; others include share certificates, consumer loans, equipment, property or land. These are further classified based on whether they bring value within a specified time period or not. While Deutsche Bank was ahead in Germany, it is worth noting that asset sums decreased in recent years. Leadership challenges Deutsche Bank is among the largest banks in the world as of 2021, based on assets, ranking **** in a list published by S&P Global. It also ranks among the ten leading banks in Europe, also referring to total assets. Future asset development, as for many banks around the world, is facing new pressure due to the continued effects of the coronavirus (COVID-19) pandemic and climbing inflation levels.

As of March 2024, MUFG Bank was the leading city bank in Japan, with total assets amounting to close to 323.9 trillion Japanese yen. Sumitomo Mitsui Banking Corporation followed with total assets of 272.3 trillion yen. City banks Commercial banks in Japan are regulated under the banking act and supervised by the Financial Services Agency (FSA), Japan’s primary financial regulator. There are a large number of banks in Japan, including five city banks and over 100 different regional banks.City banks, the commercial banking units of the three megabanks, MUFG Bank, Sumitomo Banking Corporation, and Mizuho Bank, are among the largest financial institutions in Japan and operate nationwide through a network of branches in major cities. They offer a wide range of financial services domestically and globally and do business with major corporations in Japan. Regional banks Unlike city banks, which belong to the largest banks in the world, Japanese regional banks focus on the domestic market. Regional banks are smaller than city banks and usually operate in the region where they are headquartered. They offer financial services to local individual customers and small and mid-sized enterprises. For historical reasons, regional banks are divided into regional banks I and II. Both types of banks fulfill the same functions, but are members of different associations. This is because most regional banks II are former mutual banks that have become ordinary commercial banks.

Graph and download economic data for 5-Bank Asset Concentration for Nicaragua (DDOI06NIA156NWDB) from 2000 to 2021 about Nicaragua, assets, banks, and depository institutions.

Graph and download economic data for 5-Bank Asset Concentration for Canada (DDOI06CAA156NWDB) from 2000 to 2021 about Canada, assets, banks, and depository institutions.

The average for 2021 based on 140 countries was 71.17 percent. The highest value was in Hong Kong: 268.82 percent and the lowest value was in Sudan: 7.87 percent. The indicator is available from 1960 to 2021. Below is a chart for all countries where data are available.

The total assets of the British bank HSBC increased considerably between 2007 and 2024, despite some fluctuation. In 2024, the total assets of the HSBC bank exceeded three trillion U.S. dollars, which was a slight decline compared to the previous year. Overall, HSBC's assets increased steadily between 2016 and 2024, reflecting the bank's overall financial strength despite changing global market conditions. HSBC - additional information HSBC Holdings plc is a British multinational bank and financial services organization based in London, United Kingdom. The company is a parent of the Hong Kong and Shanghai Banking Corporation Limited, which was founded by Scotsman Sir Thomas Sutherland in 1865. Due to its history, HSBC sees both the Hong Kong and United Kingdom as its home markets and has a dual primary listing on both London and Hong Kong Stock Exchange. The holding company is also counted among the largest banks in the world based on market capitalization, with a total market cap of 176 billion U.S. dollars in 2024.Despite being among the largest banks in the world, HSBC was not listed as one of the most valuable banking brands worldwide in 2024, but remained among the leading banking brands in the United Kingdom.

Albania Banks Concentration: Two Largest Banks Weight: in % of Total Deposits data was reported at 34.250 % in Dec 2024. This records a decrease from the previous number of 34.290 % for Sep 2024. Albania Banks Concentration: Two Largest Banks Weight: in % of Total Deposits data is updated quarterly, averaging 39.110 % from Dec 1998 (Median) to Dec 2024, with 105 observations. The data reached an all-time high of 91.300 % in Dec 1998 and a record low of 33.060 % in Sep 2019. Albania Banks Concentration: Two Largest Banks Weight: in % of Total Deposits data remains active status in CEIC and is reported by Bank of Albania. The data is categorized under Global Database’s Albania – Table AL.KB033: Banks Concentration Indicators.

Switzerland Minimum Reserves: Required Assets: Big Banks data was reported at 4,266.360 CHF mn in Sep 2018. This records an increase from the previous number of 4,256.693 CHF mn for Aug 2018. Switzerland Minimum Reserves: Required Assets: Big Banks data is updated monthly, averaging 4,032.918 CHF mn from Jan 2005 (Median) to Sep 2018, with 165 observations. The data reached an all-time high of 4,551.241 CHF mn in Oct 2012 and a record low of 3,158.709 CHF mn in Jun 2009. Switzerland Minimum Reserves: Required Assets: Big Banks data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.KA006: Minimum Required Reserves. Required Assets are 2.5% of the average of the relevant liabilities at the end of the three months preceding the reporting period.

In 2024, Itaú Unibanco was the largest bank in Brazil based on total assets, with total assets exceeding *** billion U.S. dollars. Banco do Brasil ranked second, with assets amounting to approximately ***** billion U.S. dollars. The total value of assets of Brazilian banks added up to roughly *** trillion U.S. dollars in 2023, a figure that has been consistently increasing since 2002. Brazilian banking network Brazil was the country with the highest number of bank branches in Latin America, with ***** branches in 2023. However, in terms of accessibility, the South American country lags some regional counterparts. In 2023, the density of bank branches in Brazil reached only ** per 100,000 adults; in comparison to ** bank branches per 100,000 adults in Mexico. Digital banks in Brazil With the use of financial technology increasing around the world, online banking is becoming ever more popular, and the Brazilian market is no exception. In fact, Brazil is home to one of the leading digital banks worldwide, Nubank. Nubank's active users increased sharply in 2024, exceeding ** million, and its operating revenue reached over ** billion U.S. dollars.

United States Large Dom Banks: Weekly: sa: Total Assets data was reported at 9,952.500 USD bn in 17 Jul 2019. This records an increase from the previous number of 9,889.325 USD bn for 10 Jul 2019. United States Large Dom Banks: Weekly: sa: Total Assets data is updated weekly, averaging 3,786.242 USD bn from Apr 1985 (Median) to 17 Jul 2019, with 1790 observations. The data reached an all-time high of 9,952.500 USD bn in 17 Jul 2019 and a record low of 1,500.067 USD bn in 03 Apr 1985. United States Large Dom Banks: Weekly: sa: Total Assets data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB034: Balance Sheet: Commercial Banks: Large Domestic Chartered Banks.

Between March 2023 and March 2024, several central banks across the world experienced significant annual decreases in international reserve assets, indicating a potential shift in economic dynamics. The Bank of Tanzania reported the largest decrease, with a 46 percent drop. It was followed by Banco Central de Bolobia, with a 45 percent decrease.

United States Large Dom Banks: sa: Other Assets data was reported at 992.717 USD bn in Jun 2019. This records an increase from the previous number of 974.733 USD bn for May 2019. United States Large Dom Banks: sa: Other Assets data is updated monthly, averaging 345.019 USD bn from Apr 1985 (Median) to Jun 2019, with 411 observations. The data reached an all-time high of 1,117.838 USD bn in Oct 2010 and a record low of 78.269 USD bn in Sep 1985. United States Large Dom Banks: sa: Other Assets data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB035: Balance Sheet: Commercial Banks: Large Domestic Chartered Banks: Monthly.

United States Large Dom Banks: Wkly: sa: Other Assets data was reported at 991.866 USD bn in 17 Jul 2019. This records a decrease from the previous number of 995.883 USD bn for 10 Jul 2019. United States Large Dom Banks: Wkly: sa: Other Assets data is updated weekly, averaging 346.182 USD bn from Apr 1985 (Median) to 17 Jul 2019, with 1790 observations. The data reached an all-time high of 1,129.676 USD bn in 20 Oct 2010 and a record low of 77.007 USD bn in 09 Oct 1985. United States Large Dom Banks: Wkly: sa: Other Assets data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB034: Balance Sheet: Commercial Banks: Large Domestic Chartered Banks.

The USA: Bank concentration: percent of bank assets held by top three banks: The latest value from 2021 is 38.4 percent, a decline from 39.28 percent in 2020. In comparison, the world average is 67.43 percent, based on data from 135 countries. Historically, the average for the USA from 2000 to 2021 is 33.9 percent. The minimum value, 21.45 percent, was reached in 2000 while the maximum of 42.29 percent was recorded in 2015.

HSBC Holdings maintained its position as the largest bank in the United Kingdom throughout the entire period from 2012 to 2024, despite experiencing a modest recovery in recent years. In 2024, HSBC's total assets reached approximately **** trillion British pounds, representing a slight decrease from the previous year. HSBC also ranked among the world's ten largest banks in terms of total assets. Which is the largest bank in Europe? Based on the high value of its total assets, HSBC positioned for many years as the largest bank in Europe. In 2023, HSBC was followed by two French banks, BNP Paribas and Crédit Agricole, whose total assets amounted to **** and **** trillion U.S. dollars, respectively. HSBC also dominates in market capitalization Rankings of banks can be constructed using multiple indicators. Market capitalization - the total dollar market value of a bank's outstanding shares - is frequently used to determine a bank's size. This is calculated by multiplying the current market price of one share by the total number of outstanding shares. In 2024, HSBC was the leading bank in Europe based on market capitalization.

Switzerland: Bank concentration: percent of bank assets held by top three banks: The latest value from 2021 is 65.63 percent, a decline from 65.75 percent in 2020. In comparison, the world average is 67.43 percent, based on data from 135 countries. Historically, the average for Switzerland from 2000 to 2021 is 83.08 percent. The minimum value, 65.63 percent, was reached in 2021 while the maximum of 94.11 percent was recorded in 2007.