Summary (excerpt)
Total assets measure balance-sheet scale under accounting rules (IFRS vs GAAP). In 2025, the top eight remained unchanged from a year earlier, with China’s “Big Four” occupying the top four positions.
Key takeaways
- ICBC, ABC, CCB, BOC hold the top four by assets. S&P Global
- US and EU champions (JPMorgan, Bank of America, BNP Paribas, Crédit Agricole) round out the top ten. S&P Global
- Accounting differences (IFRS vs GAAP) affect cross-region comparisons.
| Rank | Bank | Total Assets (US$ tn) | Accounting | HQ |
|---|---|---|---|---|
| 1 | Industrial & Commercial Bank of China | ~6.3* | IFRS | China |
| 2 | Agricultural Bank of China | ~5.6* | IFRS | China |
| 3 | China Construction Bank | ~5.4* | IFRS | China |
| 4 | Bank of China | ~4.6* | IFRS | China |
| 5 | JPMorgan Chase | ~4.0* | US GAAP | USA |
| 6 | Bank of America | ~3.3* | US GAAP | USA |
| 7 | HSBC | ~2.9* | IFRS | UK |
| 8 | BNP Paribas | ~2.9* | IFRS | France |
| 9 | Mitsubishi UFJ Financial Group | ~2.8* | IFRS/JGAAP | Japan |
| 10 | Crédit Agricole | ~2.7* | IFRS | France |
* Rounded illustrative figures based on S&P Global Market Intelligence and prior-year baselines; update with latest disclosures or S&P dataset.
How to read this ranking
- Asset totals are affected by netting rules (derivatives under GAAP), FX and consolidation scope. Wikipedia
Sources
S&P Global Market Intelligence: The world’s largest banks by assets, 2025 (Apr 15, 2025). S&P Global
Wikipedia summary (cites S&P 2024 + methodology caveats).
largest banks by assets 2025, ICBC assets, top 10 global banks S&P Global, balance-sheet size
Related FAQs
-
personal banking: What You Need to Know in 2024
FAQ article on bankopensingapore.com
Read full answer → -
RHB Singapore Overview Services and Account Opening Guide
RHB is a Malaysia based banking group with Singapore operations serving retail customers, SMEs, and corporates. Detailed Introduction: Individuals can access savings/current accounts, cards, personal financing, and invest
Read full answer → -
Avoid Mistakes When Choosing a Bank in Singapore’s Stable Financial System
FAQ article on bankopensingapore.com
Read full answer →
About the Author
Helen Lili – Editor, Research Lead
Helen leads tariff analysis and product change tracking. She maintains the normalized dataset that powers our comparison tables and ensures each claim links back to a dated primary source.
Read more articles