The 10 largest banks in the world collectively have over $29 trillion of assets, $15 trillion of loans outstanding and almost $22 trillion of customer deposits based on the latest available information. The below bar chart summarizes the top 10 by assets.
These are mindbogglingly large numbers, but even more interesting are some facts around the banks that comprise this list. For example, not only are 7 out of the top 10 banks based in China, but 4 out of the top 5 are also based in China. In fact only one of the top 10 banks is a U.S-based bank (Wells Fargo), which is somewhat surprising given the fact that the U.S. is the largest economy in the world by a wide margin. It is also noteworthy that Asia-based banks comprise nine out of the top 10 banks. Below we summarize the list of banks and provide some additional information on each.
#1 – Industrial and Commerce Bank of China
- Country of origin: China
- Total Assets: $5.5 trillion
- Total Loans Outstanding: $3.1 trillion
- Total Deposits: $4.2 trillion
#2 – China Construction Bank
- Country of origin: China
- Total Assets: $4.7 trillion
- Total Loans Outstanding: $2.8 trillion
- Total Deposits: $3.5 trillion
#3 – Agricultural Bank of China
- Country of origin: China
- Total Assets: $4.5 trillion
- Total Loans Outstanding: $2.5 trillion
- Total Deposits: $3.4 trillion
#4 – Bank of China
- Country of origin: China
- Total Assets: $4.1 trillion
- Total Loans Outstanding: $2.4 trillion
- Total Deposits: $2.8 trillion
#5 – Japan Post Bank
- Country of origin: Japan
- Total Assets: $2.0 trillion
- Total Loans Outstanding: $41 billion
- Total Deposits: $1.7 trillion
#6 – Wells Fargo
- Country of origin: United States
- Total Assets: $1.9 trillion
- Total Loans Outstanding: $0.9 trillion
- Total Deposits: $1.5 trillion
#7 – Postal Savings Bank of China
- Country of origin: China
- Total Assets: $1.9 trillion
- Total Loans Outstanding: $1.0 trillion
- Total Deposits: $1.7 trillion
#8 – Bank of Communications Co
- Country of origin: China
- Total Assets: $1.8 trillion
- Total Loans Outstanding: $1.0 trillion
- Total Deposits: $1.2 trillion
#9 – China Merchants Bank
- Country of origin: China
- Total Assets: $1.4 trillion
- Total Loans Outstanding: $0.8 trillion
- Total Deposits: $0.9 trillion
#10 – Industrial Bank Co
- Country of origin: China
- Total Assets: $1.3 trillion
- Total Loans Outstanding: $0.7 trillion
- Total Deposits: $0.7 trillion