The banking system is considered as the backbone of the economy. There are many different banks operating in the different parts of the world of different aptitudes. The most important is the assets. Here we will tell you about the 10 largest banks of the world by assets.
Industrial and Commercial Bank of China (ICBC) is at the top of this list with assets of 6.7 trillion dollars. It is the largest of the big four banks in China, and the largest bank in the world by total assets.
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2. ABC
The Agricultural Bank of China (ABC), also known as AgBank, is one of the big four banks in China, and the second largest bank in the world by total assets of $5.9 trillion.
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3. CCB
The China Construction Bank Corporation (CCB), headquartered in Beijing, is the third largest bank in the world by total assets of $5.6 trillion.
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4. Bank of China
The Bank of China is at number four in this list with the total assets of $4.8 trillion.
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5. JP Morgan Chase
America’s JP Morgan Chase is at number five with assets of $4 trillion.
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6. Bank of America
Bank of America is at number six with assets of $3.3 trillion.
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7. HSBC
Britain’s bank HSBC is at number seven with assets of $3 trillion.
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8. BNP
France’s BNP Paribas with $2.8 trillion is at number eight.
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9. Credit Agricole Group
France’s Credit Agricole Group with $2.7 trillion is at number nine.
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10. Mitsubishi UFJ Financial Group
Japan’s Mitsubishi UFJ Financial Group is at number ten with $2.6 trillion.
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