A bank is a good bank when you can put faith and money in them. In return, they should help you save, safeguard, and grow your money. Everyone wants nothing but the best. That’s why we’re giving you a list of the 10 best banks in the world based on their assets.
Industrial And Commercial Bank Of China
Assets: $3.55 trillion
Ranking first on the list, this bank has a diverse branching system. It’s also highly internationalized, with 17,000 offices and 330 branches and subsidiaries spread across 76 different countries and regions.
China Construction Bank Corp
Assets: $2.98 trillion
This is the second largest bank in the world. It holds around 13,600 branches throughout China. The bank also has an international presence in some of the biggest cities in the world.
Mitsubishi UFJ Financial Group
Assets: $2.90 trillion
The third is a Japanese bank which was originally founded in 1880. Headquartered in Tokyo, the bank is the largest in Japan and third largest globally.
Agricultural Bank of China
Assets: $2.81 trillion
Next is another Chinese bank, which ranks third in China and fourth worldwide. The bank has a large network. This includes nearly 23,670 branches in China. They’re also spread across 9 major cities around the world. The bank has more than 320 million customers with both retail and corporate banking services on offer.
Bank of China
Assets: $2.65 trillion
It’s said that this bank is the more internationalized bank in China. It ranks the 4th largest in the country. The bank holds up to 26.6% of the group’s profit with their international subsidiaries account.
HSBC
Assets: $2.60 trillion
This bank is based in London. It was founded in Hong Kong in 1865. Today, this bank is a global player which serves nearly 60 million customers across 71 countries.
JPMorgan Chase & Co
Assets: $2.46 trillion
This bank is headquartered in New York. They’re the biggest bank North America. The bank was founded in 2000. Today, they’ve got an international banking footprint.
Banque Nationale de Paris (BNP) Paribas
Assets: $2.41 trillion
This French bank was founded in 2000. They’re the second largest bank in Europe. It has a highly diversified nature of operations. This allows them to grow continually in the past several years.
Bank Of America
Assets: $2.18 trillion
At ninth place is another American bank. This is the second largest in the United States. They’ve got their head office in North Carolina. They operate across 40 countries and serve over 50 million customers.
Japan Post Bank
Assets: $2.02 trillion
The last on the list is the largest bank in Japan based on the number of deposits. It was established in 2007 and has faced tough competition the past few years. But this bank manages to stand at the 10th position across the globe.
These banks offer some of the most comprehensive lists of services in the world. They’ve got a wide range of resources and services that you can use if you choose to bank with them. They cater to a majority of the world’s population.
