Banking institutions are indispensable to any nation’s economy and financial setup. They provide borrowing/saving opportunities and other important facilities to the general public and corporate entities. Customers are increasingly likely to rely on the large banks that can provide national or even global services, and which can offer more competitive interest rates. Total assets is the total value of all financial units regarding a company’s property, as well as financial capital, which consists of own corporation resources, investor assets, interbank credits, and assets received from bond issues.
Here are the top 20 largest banks in the world.
| Rank | Bank | Total assets |
| 1. | Industrial and Commercial Bank of China Limited | $5,742.86 billion |
| 2. | China Construction Bank | $5,016.81 billion |
| 3. | Agricultural Bank of China | $4,919.03 billion |
| 4. | Bank of China | $4,192.12 billion |
| 5. | JPMorgan Chase | $3,736.62 billion |
| 6. | Bank of America | $3,100.02 billion |
| 7. | Mitsubishi UFJ Financial Group | $2,967.91 billion |
| 8. | HSBC | $2,864.59 billion |
| 9. | BNP Paribas | $2,849.61 billion |
| 11. | Crédit Agricole | $2,542.61 billion |
| 10. | Citigroup Inc. | $2,786.36 billion |
| 12. | Postal Savings Bank of China | $2,039.56 billion |
| 13. | SMBC Group | $2,006.75 billion |
| 15. | Mizuho Financial Group | $1,909.35 billion |
| 16. | Bank of Communications | $1,883.72 billion |
| 14. | Wells Fargo | $1,937.18 billion |
| 18. | Banco Santander | $1,853.86 billion |
| 19. | Barclays | $1,823.84 billion |
| 20. | Japan Post Bank | $1,719.92 billion |
