The World’s 50 Biggest Banks 2012

   Global Finance Reveals the World’s 50 Biggest Banks 2012
China Breaks Into The Top Five

NEW YORK, August 27, 2012—Global Finance reveals its annual listing of the World’s 50 Biggest Banks for 2012, as measured by total assets.


There is relative stability among the largest banks in the world as far as the total value of their assets. Deutsche Bank has jumped from second to take the lead -it is now the largest bank in the world, followed by HSBC and BNP Paribas.


China again has six banks in top 50-the largest group from any single country, and the Industrial and Commercial Bank of China jumps from ninth to fourth-largest in the world. The US, UK, France and Germany each have five banks in the top 50.

The list will be published in the October issue of Global Finance magazine.

World's 50 Biggest Banks 2012

Rank	Bank	Country	Total Assets ($m)	Statement Date
1	Deutsche Bank	Germany	2,799,977	12/31/11
2	HSBC	United Kingdom	2,555,579	12/31/11
3	BNP Paribas	France	2,542,738	12/31/11
4	Industrial and Commercial Bank of China	China	2,456,287	12/31/11
5	Mitsubishi UFJ Financial Group	Japan	2,447,950	3/31/11
6	Crédit Agricole	France	2,431,796	12/31/11
7	Barclays Group	United Kingdom	2,417,327	12/31/11
8	Royal Bank of Scotland	United Kingdom	2,329,726	12/31/11
9	JPMorgan Chase	United States	2,265,792	12/31/11
10	Bank of America	United States	2,129,046	12/31/11
11	China Construction Bank (CCB)	China	1,949,213	12/31/11
12	Mizuho Financial Group, Inc.	Japan	1,890,219	3/31/11
13	Bank of China	China	1,877,514	12/31/11
14	Citigroup	United States	1,873,878	12/31/11
15	Agricultural Bank of China	China	1,853,313	12/31/11
16	ING Group	Netherlands	1,655,101	12/31/11
17	Banco Santander	Spain	1,619,259	12/31/11
18	Sumitomo Mitsui Financial Group	Japan	1,598,424	3/31/11
19	Société Générale	France	1,528,492	12/31/11
20	UBS	Switzerland	1,508,302	12/31/11
21	Lloyds Banking Group	United Kingdom	1,500,535	12/31/11
22	Groupe BPCE	France	1,472,887	12/31/11
23	Wells Fargo	United States	1,313,867	12/31/11
24	UniCredit	Italy	1,199,079	12/31/11
25	Credit Suisse	Switzerland	1,115,065	12/31/11
26	China Development Bank	China	992,158	12/31/11
27	Rabobank	Netherlands	946,649	12/31/11
28	Goldman Sachs	United States	942,140	12/31/11
29	Nordea	Sweden	926,645	12/31/11
30	Norinchukin Bank*	Japan	908,793	9/30/11
31	Commerzbank AG	Germany	856,208	12/31/11
32	Intesa Sanpaolo	Italy	827,042	12/31/11
33	Royal Bank of Canada (RBC)	Canada	797,262	10/31/11
34	Banco Bilbao Vizcaya Argentaria (BBVA)	Spain	773,305	12/31/11
35	National Australia Bank	Australia	737,243	9/30/11
36	TD Bank Group	Canada	735,947	10/31/11
37	Bank of Communications	China	731,826	12/31/11
38	Commonwealth Bank of Australia	Australia	717,245	6/30/11
39	Westpac	Australia	655,544	9/30/11
40	KfW	Germany	640,209	12/31/11
41	Standard Chartered Plc	United Kingdom	599,070	12/31/11
42	Scotiabank (Bank of Nova Scotia)	Canada	596,990	10/31/11
43	Danske Bank	Denmark	596,004	12/31/11
44	ANZ Group	Australia	581,463	9/30/11
45	Dexia	Belgium	534,039	12/31/11
46	DZ Bank	Germany	525,198	12/31/11
47	Banco do Brasil S.A.	Brazil	523,295	12/31/11
48	Bank of Montreal (BMO)	Canada	502,737	10/31/11
49	Banque Fédérative du Crédit Mutuel	France	494,501	12/31/11
50	Landesbank Baden-Württemberg	Germany	482,674	12/31/11

SOURCE: Fitch Solutions, except *Moody’s Investor Service