China Accounts for 5 of the World's Top 12 Banks 🏛️

What We’re Showing

The world’s 12 largest banks by assets, based on a 2023 report from S&P Global Market Intelligence. This data represents each bank’s total assets for the most recent period available.

Chinese Banks Keep on Growing

According to S&P, the four largest Chinese banks grew their assets by 4.1% in 2022, reaching a combined total of $19.8T.

There is also an overall trend of Asia-Pacific banks climbing the rankings. The region's representation has climbed to 43 banks in the top 100, up from 41 in 2022.