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.

The global banking sector has seen significant growth in recent years, with the market capitalization of the 100 largest banks reaching 7.4 trillion euros in early 2025. This marks the highest value observed since 2016, reflecting a strong recovery and expansion in the banking industry. The upward trend is particularly noteworthy given the fluctuations experienced in previous years, including the sharp decline during the early stages of the COVID-19 pandemic in 2020. Chinese banks dominate global rankings While market capitalization provides one measure of bank size, total assets offer another perspective. In 2023, Chinese banks occupied the top four positions globally based on total assets, with the Industrial and Commercial Bank of China (ICBC) leading at approximately 6.3 trillion U.S. dollars. However, when ranked by market capitalization, JPMorgan Chase took the top spot, with ICBC falling to third place. This highlights the different metrics used to assess bank size and influence in the global financial landscape. China's banking sector continues to expand The growth in market capitalization of the world's largest banks is mirrored by the expansion of China's banking sector. By 2023, the number of banking institutions in China had reached 4,425, showing relative stability in recent years after a period of increase. Additionally, the value of bank assets in China amounted to over 50 trillion U.S. dollars in 2023, nearly tripling over the past decade. This rapid growth underscores China's increasing importance in the global banking industry and its potential influence on overall market capitalization trends.

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.

Dataset Summary

This dataset contains information about the largest banks globally, including their rank, name, and total assets (in US$ billion as of 2023). The data was scraped from Wikipedia's List of Largest Banks. It can be used for financial analysis, market research, and educational purposes.

Dataset Structure

Columns

• Rank: The rank of the bank based on total assets.
• Bank Name: The name of the bank.
• Total Assets (2023, US$ billion): The total assets of the bank in billions of US dollars as of 2023.

Example

Source

The data was scraped from Wikipedia's List of Largest Banks using Python and Scrapy.

Usage

This dataset can be used for: - Financial market research. - Trend analysis in global banking. - Educational purposes and data visualization.

Licensing

The data is publicly available under Wikipedia's Terms of Use.

Limitations

• The data may not reflect real-time changes as it was scraped from a static page.
• Possible inaccuracies due to updates or inconsistencies on the source page.

Acknowledgements

Thanks to Wikipedia and the contributors of the "List of Largest Banks" page.

Citation

If you use this dataset, please cite it as: @misc{largestbanks2023, author = {Your Name or Organization}, title = {Largest Banks Dataset}, year = {2023}, publisher = {Hugging Face}, url = {https://huggingface.co/datasets/your-dataset-name} }

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.

In 2023, the Federal Reserve System stood as the world's largest central bank, with total assets surpassing *** trillion U.S. dollars. Comprising 12 Federal Reserve Banks, the system's largest component, the Federal Reserve Bank of New York, held a significantly higher asset value than its counterparts. The People's Bank of China secured the second position globally, managing assets valued at approximately *** trillion U.S. dollars. Following closely, the Bank of Japan ranked third with assets totaling **** trillion U.S. dollars on its balance sheet.

United States Charge Off Rate: sa: 100 Largest Banks: Real Estate: Residential data was reported at 0.030 % in Mar 2018. This records an increase from the previous number of 0.020 % for Dec 2017. United States Charge Off Rate: sa: 100 Largest Banks: Real Estate: Residential data is updated quarterly, averaging 0.170 % from Mar 1991 (Median) to Mar 2018, with 109 observations. The data reached an all-time high of 3.040 % in Dec 2009 and a record low of 0.020 % in Dec 2017. United States Charge Off Rate: sa: 100 Largest Banks: Real Estate: Residential data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KA010: Commercial Banks: Charge Off and Delinquency Rates.

United States Charge Off Rate: 100 Largest Banks: Agricultural data was reported at 0.980 % in Sep 2018. This records an increase from the previous number of 0.460 % for Jun 2018. United States Charge Off Rate: 100 Largest Banks: Agricultural data is updated quarterly, averaging 0.280 % from Mar 1985 (Median) to Sep 2018, with 135 observations. The data reached an all-time high of 6.170 % in Mar 1987 and a record low of -2.250 % in Sep 1987. United States Charge Off Rate: 100 Largest Banks: Agricultural 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.KB002: Commercial Banks: Charge Off and Delinquency Rates.

United States Charge Off Rate: 100 Largest Banks: Consumer: Others data was reported at 0.880 % in Sep 2018. This records an increase from the previous number of 0.800 % for Jun 2018. United States Charge Off Rate: 100 Largest Banks: Consumer: Others data is updated quarterly, averaging 1.060 % from Mar 1985 (Median) to Sep 2018, with 135 observations. The data reached an all-time high of 3.380 % in Jun 2009 and a record low of 0.500 % in Mar 1985. United States Charge Off Rate: 100 Largest Banks: Consumer: Others 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.KB002: Commercial Banks: Charge Off and Delinquency Rates.

United States Delinquency Rate: 100 Largest Banks: Consumer: Credit Cards data was reported at 2.480 % in Mar 2018. This records a decrease from the previous number of 2.510 % for Dec 2017. United States Delinquency Rate: 100 Largest Banks: Consumer: Credit Cards data is updated quarterly, averaging 4.220 % from Mar 1991 (Median) to Mar 2018, with 109 observations. The data reached an all-time high of 6.710 % in Mar 2009 and a record low of 1.950 % in Jun 2015. United States Delinquency Rate: 100 Largest Banks: Consumer: Credit Cards data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KA010: Commercial Banks: Charge Off and Delinquency Rates.

United States Charge Off Rate: sa: 100 Largest Banks: Total data was reported at 0.530 % in Mar 2018. This records a decrease from the previous number of 0.550 % for Dec 2017. United States Charge Off Rate: sa: 100 Largest Banks: Total data is updated quarterly, averaging 0.840 % from Mar 1985 (Median) to Mar 2018, with 133 observations. The data reached an all-time high of 3.410 % in Mar 2010 and a record low of 0.420 % in Mar 2006. United States Charge Off Rate: sa: 100 Largest Banks: Total data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KA010: Commercial Banks: Charge Off and Delinquency Rates.

As of March 2024, China's central bank, People's Bank of China (PBOC), led the ranking of the largest central banks worldwide based on international reserve assets. PBOC reported 3.43 trillion U.S. dollars worth of reserve assets, underscoring the country's economic strength and its role in global finance. Bank of Japan ranked second, with roughly 1.29 trillion U.S. dollars worth of assets on its balance sheet.

As of January 2025, customers of Wise could send money to 73 countries across the world. At the same time, Revolut was available in 39 countries. The Berlin-based N26 operated in 24 countries. Both Wise and Revolut experienced a rapid customer growth in recent years, with Revolut reaching the milestone of 50 million customers in November 2024. Bunq The Amsterdam-based app-only bank, Bunq, announced in 2019 that they were expanding to a further 22 countries across Europe, bringing their total number of operations to 30 countries. Bunq has seen far less funding than some other online-only banks in Europe. European digital banks on the global stage The European digital banking sector is globally robust. Leading European digital banks, such as Revolut, Wise, and Starling Bank, ranked among the most profitable digital banks worldwide in 2023. Notably, Revolut is the largest digital bank in Europe and the sixth largest digital bank globally by customer base.

In 2023, the Federal Reserve System maintained its position as the world's largest central bank, with its balance sheet assets growing to exceed *** trillion U.S. dollars. Similarly, the People's Bank of China strengthened its second-place standing, with assets surpassing *** trillion U.S. dollars. Notably, while these two giants saw asset increases, a contrasting trend emerged among other major central banks. Three of the **** largest central banks experienced asset decreases in 2023, indicating a divergence in monetary policies or economic conditions across major economies.

In 2024, the Industrial and Commercial Bank of China (ICBC) retained its position as the world's largest bank by Tier 1 capital, totaling approximately *** billion U.S. dollars. It was followed by three other major Chinese banks. JPMorgan Chase ranked fifth globally, with Tier 1 capital of ****** billion U.S. dollars. In Europe, HSBC led the region, reporting just over *** billion U.S. dollars in Tier 1 capital.

United States Charge Off Rate: 100 Largest Banks: Real Estate: Residential data was reported at -0.030 % in Sep 2018. This stayed constant from the previous number of -0.030 % for Jun 2018. United States Charge Off Rate: 100 Largest Banks: Real Estate: Residential data is updated quarterly, averaging 0.170 % from Mar 1991 (Median) to Sep 2018, with 111 observations. The data reached an all-time high of 3.080 % in Dec 2009 and a record low of -0.030 % in Sep 2018. United States Charge Off Rate: 100 Largest Banks: Real Estate: Residential 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.KB002: Commercial Banks: Charge Off and Delinquency Rates.

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.

United States Delinquency Rate: 100 Largest Banks: Real Estate data was reported at 2.550 % in Mar 2018. This records a decrease from the previous number of 2.750 % for Dec 2017. United States Delinquency Rate: 100 Largest Banks: Real Estate data is updated quarterly, averaging 3.910 % from Mar 1987 (Median) to Mar 2018, with 125 observations. The data reached an all-time high of 11.680 % in Mar 2010 and a record low of 1.350 % in Mar 2005. United States Delinquency Rate: 100 Largest Banks: Real Estate data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KA010: Commercial Banks: Charge Off and Delinquency Rates.

The dataset shows Quarter wise International Claims of Banks towards Major Counterparty Countries (Other than India)

Note: 1. The sum of components may not add up due to rounding off.
2. FEDAI revaluation rates for INR-USD exchange as at end of respective quarters have been used for currency conversion.
3. Based on Consolidated Banking Statistics (CBS) – Immediate Risk