Top 10 Biggest Global Banks

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The concept of a commercial bank has changed dramatically during the previous several decades. Traditional clients of large banks now have access to a number ... read more...

  1. Industrial & Commercial Bank of China is the world's largest bank, as well as China's largest bank and the largest of China's "Big Four." ICBC, as it is known, fully leads the rest of the world's largest banks in terms of total assets, customers, workers, loans, and deposits.

    The state-owned bank began as a limited business in 1984 and has since evolved to become the world's largest public enterprise by assets. Its headquarters are in Beijing, China, and it employs over 460,000 people across Asia, Europe, North America, and Oceania.

    The 70% government-owned corporation was ranked first overall in "The Bankers Top 1000 World Banks rating" and first among the Forbes Global 2000 list of the world's largest public corporations. According to the most recent statistics, ICB's total assets are estimated to be in the range of $4.2 trillion dollars.


    Headquartered in Beijing, China
    Employs 460,000

    Photo: ledgerinsights.com
    Photo: ledgerinsights.com
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    Photo: levelupthailand.com

  2. China Construction Bank Corporation is the world's second-largest bank. The third of the "Big Four" on our list, CCB, as it's often known, has 13,629 domestic branches and international branches in Frankfurt, Barcelona, Luxembourg, Hong Kong, New York, Seoul, and a number of other big cities.

    CCB is headquartered in Beijing's Xicheng area and employs approximately 333,000 people. It provides both business and personal banking services. Credit cards, personal loans, deposits, and wealth management are some of the personal services they provide.

    Credit, corporate e-banking, loans, commercial loans, and credit lines are all available on the commercial side. CCB's total assets are estimated to be over $3.3 trillion, according to the most recent data.


    Bank of America wants to expand its operations in China in 2005. As a result, it bought a 9% interest in CCB. That, on the other hand, did not work out so well. During the US financial crisis in 2009, BOA had to sell a large portion of its holdings. Bank of America sold its remaining stake in CCB in 2013 and now concentrates its Asian activities in Hong Kong.


    Headquartered in Beijing, China

    Employs 330,000

    Photo: en.wikipedia.org
    Photo: en.wikipedia.org
  3. AgBank, the third largest bank in the world and one of the ten largest corporations on the earth, is the next of China's "Big Four" banks. Agbank, which was founded in 1951, has offices in Seoul, Tokyo, Singapore, Sydney, New York, London, and other major cities across the world. It employs about 444,000 people and is fully controlled by the government, with headquarters in Beijing.


    It has a global customer base of 320 million retail consumers and 2.7 million corporate clients, all of whom are served by one of its 24,000 locations. AgBank went public in 2010, becoming the world's largest ever IPO at the time, a record that has since been surpassed by Alibaba.


    The Agricultural Bank of China, often known as Ag Bank, was created in 1951 and has branches in Seoul, Singapore, Sydney, London, New York, and many other major cities across the world.

    According to the most recent data, the bank's assets are estimated to be over $3.2 trillion.


    Headquartered in Beijing, China
    Employs 444,000

    Photo: caixinglobal.com
    Photo: caixinglobal.com
  4. The Mitsubishi UFJ Financial Group is ranked number five on our ranking of the world's largest banks. It is Japan's largest bank holding financial group, with total assets of $2.81 trillion dollars, and is the world's fifth-largest bank.


    It is one of the Mitsubishi Corporation's core enterprises, and it provides a wide range of services to its customers, including commercial banking, asset management, trust banking, and international finance.


    The bank was formed in 2005 when two of Japan's largest banks, Mitsubishi Tokyo Financial Group and UFJ Holdings, merged. It presently employs over 106,000 people and is based in Osaka.


    Headquartered in Tokyo, Japan
    Employs 106,000

    Photo: cafeland.vn
    Photo: cafeland.vn
  5. The Bank of China is the second Asian bank on our list and the first of the "Big Four." The Bank of China is the most globally focused of China's commercial banks. It provides users in 57 countries and regions with a comprehensive variety of financial services, including corporate banking, personal banking, and financial markets services. BOC has been in business in New York, Chicago, and Los Angeles since 1981, making it the country's largest and oldest Chinese bank.


    It is one of China's four largest state-owned commercial banks, and it was created in 1912 by the republican government, making it the country's oldest bank.


    It has operations in over twenty countries and is headquartered in Beijing, China. It employs over 310,000 people. Investment banking, insurance, and investing services, as well as personal loans, credit cards, mortgages, and asset and debt management, are all available through the bank.

    The Chinese government owns over 70% of the corporation, which has assets worth little over $3 trillion.


    Headquartered in Beijing China
    Employs 310,000

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    Photo: topdev.vn
    Photo: topdev.vn
    Photo: topdev.vn
  6. JPMorgan Chase & Co is a financial services holding company and a worldwide investment bank. It is the largest bank in the United States and the sixth largest in the world.

    J.P. Morgan Chase is the world's sixth largest bank, with $2.50 trillion in assets, and is one of the two so-called "too big to fail" banks, along with Bank of America. Asset management, investment banking, private banking, treasury and securities services, and commercial banking are among the products and services offered to customers in more than 100 countries. J.P. Morgan Chase is listed on the New York Stock Exchange under the name JPM. Chase is the second-oldest bank on our list, having been created only in 2000.


    JPMorgan Chase & Co was formed in 2000 when three huge banks merged, and it is currently one of the world's most valuable corporations. JPMorgan Chase & Co., headquartered in Manhattan, New York City, is currently one of the world's largest investment firms. The bank is known as "Chase" in the retail and credit card markets.


    Headquartered in New York City, New York
    Employs 245,000

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    Photo: businesswire.com
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    Photo: kyluc.vn
  7. HSCB Holdings PLC is an international investment bank and financial holdings firm based in the United Kingdom. HSBC serves almost 40 million clients globally, in addition to having operations in 64 countries and territories. The bank offers personal, business, private, and retail banking, as well as wealth management services. It also provides corporations, governments, and other institutions with financial services and products.

    By 2018, it was the world's seventh-biggest bank and Europe's largest. The bank has over a thousand locations and eighty offices in the United Kingdom, as well as four hundred and sixty in the United States.

    HSBC has more than four million customers globally and provides private banking, corporate finance, retail and commercial banking. It has a headquarters in London, England, and employs more than 235,000 people. HSBC is listed on the London Stock Exchange and the Hong Kong Stock Exchange and is present in around 65 countries across the world.


    Headquartered in London, UK
    Employs 235,000

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    Photo: unepfi.org
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    Photo: bondevalue.com
  8. BNP Parabis, a French multinational banking business, is next on the list. With $2.19 trillion in assets, this French bank is ranked eighth. With operations in 75 countries, BNP is one of the world's largest global banking networks. In France, Italy, Belgium, and Luxembourg, BNP operates four domestic retail banking markets. As a consequence of BNP's 75% purchase of Fortis Bank in April 2009, the Belgian bank is currently the largest deposit holder in the Eurozone. BNP Paribas was established in the year 1848. Retail banking is the company's main source of earnings. Client accounts make for more than three-quarters of the company's income.

    BNP Parabis is headquartered in Paris, France, and employs approximately 190,000 people. Its everyday customer accounts provide for the majority of its yearly income.


    Headquartered in Paris, France
    Employs 190,000

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    Photo: theglobaltreasurer.com
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    Photo: monfin.vn
  9. With $2.35 trillion in assets, Bank of America is the second-largest financial organization in the United States. It handles around 10.73 percent of all bank deposits in the United States and specializes in commercial banking, wealth management, and investment banking.

    Bank of America, which was founded in 1784 and is headquartered in Charlotte, North Carolina, currently serves clients all over the world through over 5,000 financial retail locations. With approximately 208,000 employees, Bank of America is one of the largest corporations in the United States. It bought Merrill Lynch in 2008, making it the world's largest wealth manager.

    Merrill Lynch was bought by BAC in 2008, making it the world's largest wealth manager. It is a component of the S&P 500 Index and the Dow Jones Industrial Average and is traded on the New York Stock Exchange (NYSE).

    According to recent data, Bank of America's total asset balance is around $2.35 trillion.


    Headquartered in Charlotte, North Carolina
    Employs 208,000

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    Photo: mmaglobal.com
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    Photo: tapchibitcoin.io
  10. Crédit Agricole Group, a French-owned bank and one of France's major enterprises, is the world's tenth largest bank. It is the biggest co-operative financial institution in the world, and it became an international full-service banking company in 1990. The Crédit Agricole Group is a bank that caters to the common public's requirements. The majority of the company's 51 million consumers come from at least 47 different nations.

    This included 39 Crédit Agricole regional banks as well as a large network of smaller banks. Its headquarters are in Montrouge, France, and it serves consumers all around the world.

    The bank is noted for its longstanding historical links with the farming industry and controls a considerable portion of the French financial system.

    Crédit Agricole has an estimated total asset balance of $2.13 trillion dollars, according to latest statistics.


    Headquartered in Montrouge, France
    Employs 270,000

    Photo: cbonds.com
    Photo: cbonds.com



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