As of Q3 September 2024, the following banks have emerged as the largest in the world, based on their total assets:

1. ICBC (Industrial and Commercial Bank of China): $6.90 trillion

    – Headquartered in Beijing, China

    – Largest bank in China and the world

    – Offers a wide range of financial services, including retail and corporate banking

2. Agricultural Bank of China: $6.21 trillion

    – Headquartered in Beijing, China

    – One of the “Big Four” banks in China

    – Focuses on agricultural finance, as well as retail and corporate banking

3. China Construction Bank: $5.84 trillion

    – Headquartered in Beijing, China

    – Another member of China’s “Big Four” banks

    – Offers a range of financial services, including infrastructure finance and investment banking

4. Bank of China: $4.86 trillion

    – Headquartered in Beijing, China

    – One of the oldest banks in China, established in 1912

    – Offers a wide range of financial services, including retail and corporate banking, as well as investment banking

5. JP Morgan Chase: $4.21 trillion

    – Headquartered in New York City, USA

    – One of the largest banks in the United States

    – Offers a range of financial services, including consumer and community banking, corporate and investment banking, and commercial banking

6. Bank of America: $3.32 trillion

    – Headquartered in Charlotte, North Carolina, USA

    – One of the largest banks in the United States

    – Offers a range of financial services, including consumer and business banking, investing, and wealth management

7. HSBC: $3.10 trillion

    – Headquartered in London, UK

    – One of the largest banks in Europe

    – Offers a range of financial services, including retail and corporate banking, investment banking, and wealth management

8. BNP Paribas: $3.08 trillion

    – Headquartered in Paris, France

    – One of the largest banks in Europe

    – Offers a range of financial services, including retail and corporate banking, investment banking, and wealth management

9. Mitsubishi UFJ: $2.79 trillion

    – Headquartered in Tokyo, Japan

    – One of the largest banks in Japan

    – Offers a range of financial services, including retail and corporate banking, investment banking, and wealth management

10. Citigroup: $2.43 trillion

    – Headquartered in New York City, USA

    – One of the largest banks in the United States

    – Offers a range of financial services, including consumer and corporate banking, investment banking, and wealth management

Source: Companiesmarketcap Q3 September, 2024