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The World’s 10 Largest Banks

The World’s 10 Largest Banks

The Industrial and Commercial Bank of China remains the world’s largest bank, according to the latest ranking released by The Banker magazine on July 3.

ICBC has $281 billion in tier one capital, the key measure for the rankings, followed by China Construction Bank and JP Morgan.

It’s the fifth year in a row that ICBC has come in first in the Top 1000 World Banks after it became the first Chinese bank to reach the top spot in 2013.

Here is the top 10 global banks.

No 10 Mitsubishi UFJ Financial Group

Country: Japan

Tier one capital: $136b

No 9 HSBC

Country: UK

Tier one capital: $138b

No 8 Wells Fargo

Country: US

Tier one capital: $171b

No 7 Citigroup

Country: US

Tier one capital: $178b

No 6 Agricultural Bank of China

Country: China

Tier one capital: $189b

No 5 Bank of America

Country: US

Tier one capital: $190b

No 4 Bank of China

Country: China

Tier one capital: $199b

No 3 JP Morgan

Country: US

Tier one capital: $208

No 2 China Construction Bank

Country: China

Tier one capital: $226b

No 1 ICBC

Country: China

Tier one capital: $281b

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