Global Finance ranks the 50 Biggest Banks
China Breaks Into The Top 10
NEW YORK, September 7, 2011
Global Finance
reveals its annual rankingof the
World’s 50 Biggest Banks
, as measured by total assets.
The worlds biggest banks are once again facing volatility and global marketupheaval. But the past few years have taught some serious lessons, and thesebanks come into the current crises with stronger balance sheets and more solidcapital structures than when the global financial crisis hit in 2008.
Meanwhile, the total assets of the top 50 as a whole have remained consistentatjust over $61 trillion.
Chinas banks are continuing to move up the league tables. The country has sixbanks among the worlds biggest 50. Chinas biggest bank, ICBC, again climbedpositionsmoving from 11th last year to 9th in 2011. China has officially brokeninto the top 10.
The list will be published in the October issue of
Global Finance
magazine.
For editorial information please contact: Andrea Fiano, Editor, email:
afiano@gfmag.com
|
Rank |
Bank |
Country |
TotalAssets ($m) |
StatementDate |
| 1 | BNP Paribas | France | 2,669,906 | 12/31/10 |
| 2 | Deutsche Bank | Germany | 2,546,272 | 12/31/10 |
| 3 | HSBC Holdings | United Kingdom | 2,454,689 | 12/31/10 |
| 4 | Barclays | United Kingdom | 2,331,943 | 12/31/10 |
| 5 | The Royal Bank of Scotland Group | United Kingdom | 2,275,479 | 12/31/10 |
| 6 | Bank of America | United States | 2,268,347 | 12/31/10 |
| 7 | Crdit Agricole | France | 2,129,248 | 12/31/10 |
| 8 | JPMorgan Chase | United States | 2,117,605 | 12/31/10 |
| 9 | Industrial & Commercial Bank of China (ICBC) | China | 2,032,131 | 12/31/10 |
| 10 | Citigroup | United States | 1,913,902 | 12/31/10 |
| 11 | Mizuho Financial Group | Japan | 1,890,220 | 03/31/11 |
| 12 | Bank of Tokyo-Mitsubishi UFJ | Japan | 1,687,313 | 03/31/10 |
| 13 | ING Group | Netherlands | 1,666,368 | 12/31/10 |
| 14 | China Construction Bank | China | 1,632,261 | 12/31/10 |
| 15 | Banco Santander | Spain | 1,626,805 | 12/31/10 |
| 16 | Bank of China | China | 1,579,346 | 12/31/10 |
| 17 | Agricultural Bank of China* | China | 1,568,722 | 12/31/10 |
| 18 | Lloyds Banking Group | United Kingdom | 1,552,245 | 12/31/10 |
| 19 | Socit Gnrale | France | 1,512,657 | 12/31/10 |
| 20 | UBS | Switzerland | 1,401,924 | 12/31/10 |
| 21 | Groupe BPCE | France | 1,400,911 | 12/31/10 |
| 22 | Wells Fargo | United States | 1,258,128 | 12/31/10 |
| 23 | Sumitomo Mitsui Banking Corporation | Japan | 1,247,053 | 03/31/10 |
| 24 | UniCredit | Italy | 1,241,967 | 12/31/10 |
| 25 | Credit Suisse Group | Switzerland | 1,098,345 | 12/31/10 |
| 26 | Commerzbank | Germany | 1,007,882 | 12/31/10 |
| 27 | Goldman Sachs Group | United States | 911,332 | 12/31/10 |
| 28 | Intesa Sanpaolo | Italy | 880,221 | 12/31/10 |
| 29 | Rabobank Group | Netherlands | 871,908 | 12/31/10 |
| 30 | Norinchukin Bank** | Japan | 844,431 | 09/30/10 |
| 31 | China Development Bank | China | 771,729 | 12/31/10 |
| 32 | Nordea Bank | Sweden | 776,108 | 12/31/10 |
| 33 | Dexia | Belgium | 757,262 | 12/31/10 |
| 34 | Banco Bilbao Vizcaya Argentaria (BBVA) | Spain | 738,560 | 12/31/10 |
| 35 | Royal Bank of Canada (RBC)* | Canada | 713,646 | 12/31/10 |
| 36 | National Australia Bank* | Australia | 664,174 | 12/31/10 |
| 37 | Commonwealth Bank of Australia | Australia | 660,205 | 12/31/10 |
| 38 | Toronto-Dominion Bank (TD) | Canada | 608,113 | 12/31/10 |
| 39 | Westpac Banking Corporation* | Australia | 598,647 | 12/31/10 |
| 40 | Bank of Communications | China | 596,655 | 12/31/10 |
| 41 | KfW | Germany | 590,269 | 12/31/10 |
| 42 | Danske Bank | Denmark | 572,547 | 12/31/10 |
| 43 | Scotiabank (Bank of Nova Scotia) | Canada | 516,939 | 12/31/10 |
| 44 | Standard Chartered | United Kingdom | 516,542 | 12/31/10 |
| 45 | Australia & New Zealand Banking Group (ANZ) | Australia | 514,857 | 09/30/10 |
| 46 | DZ Bank | Germany | 512,378 | 12/31/10 |
| 47 | ABN Amro* | Netherlands | 509,249 | 12/31/10 |
| 48 | Banque Fdrative du Crdit Mutuel (BFCM) | France | 501,422 | 12/31/10 |
| 49 | Landesbank Baden-Wrttemberg (LBBW) | Germany | 500,285 | 12/31/10 |
| 50 | Banco do Brasil | Brazil | 481,179 | 12/31/10 |
Source: Fitch Solutionsexcept
* Moodys Investors Service
** Norinchukin Bank
