Global Bank Ranking 2021

2021 Forbes Bank Rankings Complete List

Top ten global banks in 2021

The ranking of banks is based on the bank’s total assets.

1. ICBC (Country: China)

The largest and richest bank in the world is the Industrial and Commercial Bank of China (ICBC).

Founded in 1984. It controls nearly 1/5 of China’s banking industry.

ICBC’s total assets are US$4.913 billion and the market value is US$231 billion.

2. Agricultural Bank of China (Country: China)

Founded by Mao Zedong in 1951. Headquartered in Beijing.

The total assets of the Agricultural Bank of China exceed US$408.0 billion. According to the latest data, its market value is US$133 billion.

3. China Construction Bank Corporation (Country: China)

Founded in 1954. Now called “China Construction Bank” (CCB). More than 14,000 branches worldwide.

According to the latest data, it has assets of 3,652 billion U.S. dollars and a total market value of more than 211 billion U.S. dollars.

4. Bank of China ltd (Country: China)

Bank of China is one of the oldest and most reliable banks in China. It was created in 1912.

Data show that its assets are nearly 3,627 billion U.S. dollars, and its market value is about 108 billion U.S. dollars.

5. Mitsubishi UFJ Financial Group (Country: Japan)

The company was founded in 2005 by the merger of two of Japan’s largest banks, and is headquartered in Osaka City.

This Japanese holding company has 3,354 billion U.S. dollars. In terms of assets, this makes it one of Japan’s “best” banks.

6.JPMorgan (Country: United States)

This company was founded in 2000 by the merger of several large banks. JP Morgan Chase is headquartered in Manhattan, New York City. It is one of the largest investment companies in the world.

Its total assets are 3,246 billion U.S. dollars, and its market value exceeds 423 billion U.S. dollars.

7. HSBC (Country: England)

The HSBC in London is one of the largest banks in Europe with total assets of US$ 2.956 trillion.

The purpose of creation is to carry out exchanges between Europe and China.

8. BNP Paribas (Country: France)

BNP Paribas was established in 1999, its headquarters are located in Geneva, Paris and London.

Its assets are 2.946 billion U.S. dollars, and the bank has a market value of 68 billion U.S. dollars.

9. Bank of America (BoA) (Country: United States)

BoA is the second largest bank in the U.S.,headquartered in Charlotte, North Carolina.

According to the latest data, its assets total $2,738 billion U.S. dollars. Its market value is approximately US$286 billion.

10. Crédit Agricole (Country: France)

Crédit Agricole is one of the largest companies in France and has successfully controlled most of the country’s banking industry.

Its total assets are 2,386 billion U.S. dollars.

The sum of total assets is the total value of all financial units and financial capital related to the company’s property, including self-owned company resources, investor assets, inter-bank lending funds and assets derived from bond issuance.

What does the bank’s total assets mean？

The sum of total assets is the total value of all financial units and financial capital related to the company’s property, including self-owned company resources, investor assets, inter-bank lending funds and assets derived from bond issuance.

What does the market value of a bank mean ?

Market value is the cumulative value of a company, including all subsidiaries and commercial assets. The market value of a company is calculated based on the stock exchange price of its stock.

In addition to total assets and market value, operating profit and net profit, total turnover, and the number of branches and employees are calculated for the global bank rankings.

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