The World's Largest Banks by Total Assets in 2025
The global banking industry is dominated by financial giants with trillions of dollars in total assets. In 2025, Chinese banks lead the rankings, with the Industrial and Commercial Bank of China (ICBC) holding the top position.
Top 12 Largest Banks by Total Assets (2025)
Below is a chart showing the largest banks in the world based on their total assets in trillions of U.S. dollars:
|
Rank |
Bank Name |
Country |
Total Assets (USD) |
|
1 |
ICBC |
China |
$6.898T |
|
2 |
AgBank |
China |
$6.212T |
|
3 |
CCB |
China |
$5.837T |
|
4 |
Bank of China |
China |
$4.859T |
|
5 |
JPMorgan Chase |
USA |
$4.002T |
|
6 |
Bank of America |
USA |
$3.261T |
|
7 |
HSBC |
UK |
$3.017T |
|
8 |
BNP Paribas |
France |
$2.814T |
|
9 |
Mitsubishi UFG |
Japan |
$2.631T |
|
10 |
Crédit Agricole |
France |
$2.403T |
|
11 |
Citigroup |
USA |
$2.352T |
|
12 |
PSBC |
China |
$2.259T |
Why Are Chinese Banks Dominating?
Chinese banks occupy the top four positions in the global rankings. Several factors contribute to their dominance:
Government Support – The top four banks are state-owned and benefit from strong government backing, ensuring financial stability and growth.
Massive Domestic Market – With a population of over 1.4 billion, China has an enormous customer base requiring banking services.
Infrastructure Investment – China’s banks play a crucial role in funding large-scale projects, including the Belt and Road Initiative, boosting their assets.
Economic Growth – Despite global slowdowns, China's economy remains a powerhouse, driving demand for corporate and retail banking services.
Global Expansion – Many Chinese banks are expanding internationally, increasing their global presence and total asset value.
Conclusion
The world’s banking landscape continues to be dominated by Chinese financial institutions, followed by major American and European banks. The growing role of state-backed Chinese banks in global finance will likely continue shaping international markets.
