List of largest banks
By total assets
The list is based on the April, 2020 S&P Global Market Intelligence report of the 100 largest banks in the world.[1] The ranking was based upon assets as reported and was not adjusted for different accounting treatments.[1] Accounting treatment affects the assets reported: for example, the United States uses US GAAP (as opposed to IFRS), which only reports the net derivative position in most cases, leading to US banks having fewer derivative assets than comparable non-US banks.[2] If JPMorgan Chase reported under the IFRS, it would be ranked 5th in the list as of 2020, rather than 7th.[1]
Banks by country or territory
Rank | Country | Number |
---|---|---|
1 | China | 19 |
2 | United States | 11 |
3 | Japan | 8 |
4 | France | 6 |
South Korea | 6 | |
United Kingdom | 6 | |
5 | Canada | 5 |
Germany | 5 | |
6 | Australia | 4 |
Brazil | 4 | |
Spain | 4 | |
7 | Netherlands | 3 |
Singapore | 3 | |
Sweden | 3 | |
Switzerland | 3 | |
8 | Italy | 2 |
9 | Austria | 1 |
Belgium | 1 | |
Denmark | 1 | |
Finland | 1 | |
India | 1 | |
Luxembourg | 1 | |
Norway | 1 | |
Russia | 1 | |
Taiwan | 1 | |
Qatar | 1 |
By market capitalization
The list is based on Relbanks.com's ranking as at 12 January 2018, where the data are derived from annual reports and financial statements of the companies.[3]
Banks by country or territory
Rank | Country | Number | Total Market Cap
(US$ billion) |
Banks ranks by Market Cap
(US$ billion) |
---|---|---|---|---|
1 | United States | 13 | 1861.480 | 1,3,4,8,17,19,20,27,28,38,46,59,62 |
2 | China | 12 | 1474.537 | 2,5,7,9,10,31,39,40,50,51,53,66 |
3 | United Kingdom | 5 | 470.032 | 6,29,47,56,67 |
Canada | 5 | 406.685 | 11,15,24,42,57 | |
5 | Australia | 4 | 327.029 | 13,23,32,34 |
Japan | 4 | 289.281 | 14,30,37,48 | |
7 | France | 3 | 201.45 | 16,43,55 |
Singapore | 3 | 127.965 | 44,60,68 | |
9 | Spain | 2 | 176.678 | 12,36 |
Brazil | 2 | 151.019 | 22,33 | |
India | 2 | 128.997 | 21,61 | |
Switzerland | 2 | 123.944 | 26,49 | |
Italy | 2 | 109.809 | 35,52 | |
Hong Kong | 2 | 101.62 | 41,54 | |
15 | Russia | 1 | 99.840 | 18 |
Netherlands | 1 | 78.920 | 25 | |
Indonesia | 1 | 43.344 | 58 |
See also
References
- Ali, Zarmina (April 7, 2020). "The world's 100 largest banks". Standard & Poor. Retrieved June 23, 2020.
- "World's 100 Biggest Banks: China's ICBC #1". Forbes. February 12, 2014.
- "World's Largest Banks 2018". Relbanks.com. January 12, 2018.