World's Top Banking Companies by Assets

September 17, 2003, 10:08 a.m. EDT 1 Min Read

View Table

Printer Friendly Version

World's Top Banking Companies by Assets
As of Dec. 31, 2002, or end of latest fiscal year. Dollars in millions Published September 17, 2003
Rank		2002	Year earlier	Change
1	Mizuho Holdings Tokyo	$1,135,553	$1,281,389	-11.38%
2	Citigroup New York	1,097,190	1,051,450	4.35
3	Sumitomo Mitsui Financial Group¹ Tokyo	872,962	901,319	-3.15
4	UBS AG Zurich	852,190	752,785	13.2
5	Allianz AG Munich	850,356	804,499	5.7
6	Deutsche Bank Frankfurt	791,674	814,180	-2.76
7	J.P. Morgan Chase & Co. New York	758,800	693,575	9.4
8	HSBC Holdings PLC London	757,406	694,495	9.06
9	ING Group NV Amsterdam	751,711	627,848	19.73
10	BNP Paribas Paris	744,627	731,212	1.83
11	Mitsubishi Tokyo Financial Group	742,896	746,028	-0.42
12	Bayerische Hypo-und Vereinsbanken AG Munich	704,626	620,704	13.52
13	Credit Suisse Group Zurich	682,602	607,934	12.28
14	Royal Bank of Scotland Group Edingurgh	663,279	536,725	23.58
15	Bank of America Corp. Charlotte	660,458	621,764	6.22
16	Barclays PLC London	648,807	519,058	25
17	UFJ Holdings Osaka, Japan	590,898	601,000	-1.68
18	ABN Amro Holding NV Amsterdam	581,850	531,067	9.56
19	HBOS PLC Edinburgh	571,616	454,478	25.77
20	Credit Agricole SA Paris	530,144	438,629	20.86
21	Societe Generale Paris	525,994	456,336	15.26
22	Fortis Utrecht, Netherlands	509,227	427,911	19
23	Axa Paris	466,134	509,053	-8.43
24	Commerzbank AG Frankfurt	437,407	443,938	-1.47
25	Norinchukin Bank Tokyo	433,630	480,139	-9.69
26	Lloyds TSB Group PLC London	406,886	344,225	18.2
27	Rabobank Group Utrecht, Netherlands	392,819	381,245	3.04
28	Dexia Brussels	367,874	368,352	-0.13
29	Wells Fargo & Co. San Fransicso	349,259	307,569	13.55
30	Wachovia Corp. Charlotte	341,839	330,452	3.45
31	Reasona Holdings Inc.² Osaka, Japan	332,892	NA	NA
32	Abbey National PLC London	331,121	312,716	5.89
33	Banco Santander Central Hispano Madrid	324,378	358,137	-9.43
34	BBV Argenteria Bilboa, Spain	293,156	309,246	-5.2
35	Intesa Milan, Italy	280,733	317,248	-11.51
36	Bank One Corp. Chicago	277,383	268,954	3.13
37	Washington Mutual Corp. Seattle	268,298	242,506	10.64
38	Nordea AB Stockholm	261,241	214,322	21.89
39	Credit Lyonnais SA Paris	256,729	212,176	21
40	Westdeutsche Landesbank Girozentrale Dusseldorf	249,810	340,698	-26.68
41	Almanij NV Antwerp, Belgium	249,391	257,358	-3.1
42	Royal Bank of Canada Toronto	240,154	225,742	6.38
43	Eurohypo AG³ Frankfurt	237,166	74,996	216.24
44	KBC Bank Brussels	232,670	203,083	14.57
45	Danske Bank SA Copenkagen	230,579	169,147	36.32
46	UniCredito Italiano SpA Milan	223,674	224,093	-0.19
47	San Paolo Imi SpA Turin, Italy	213,615	178,719	19.53
48	National Australia Bank Melbourne	204,349	184,286	10.89
49	Norddeutsche Landesbank Hanover, Germany	206,675	209,508	1.35
50	FleetBoston Financial Corp.	190,453	203,638	-6.47
51	Bank of Nova Scotia Halifax, Canada	188,813	178,747	5.63
52	Shinkin Central Bank Tokyo	186,912	191,856	-2.58
53	Bankgsellschaft Berlin AG	183,247	198,300	-7.59
54	U.S. Bancorp Minneapolis	180,027	171,390	5.04
55	Toronto-Dominion Bank Toronto	176,628	181,418	-2.64
56	Canadian Imperial Bank of Commerce Toronto	173,436	180,822	-4.08
57	Credit Industriel et Commerial de Paris	170,646	156,011	9.38
58	Bank of Montreal Toronto	161,455	150,647	7.17
59	American Express Co. New York	157,253	151,100	4.07
60	DePfa Bank Dublin	152,891	189,636	-19.38
61	Capitalia Spa Rome	147,845	117,715	25.6
62	SHB AB Stockholm	146,616	111,969	30.94
63	Skandinaviska Ensklda Banken Stockholm	142,242	110,722	28.47
64	Commonwealth Bank of Australia Sydney	139,795	116,722	19.77
65	BHW Holding AG Hameln, Germany	132,712	109,246	21.48
66	Erste Bank Vienna	127,077	90,188	40.9
67	Sumitomo Trust and Banking Co. Tokyo	124,146	140,897	-11.89
68	National City Corp. Cleveland	118,258	105,817	11.76
69	SunTrust Banks Inc. Atlanta	117,323	104,741	12.01
70	Standard Chartered PLC London	112,746	107,332	5.04
71	Foreningsparbanken AB Stockholm	109,859	91,452	20.13
72	Westpac Banking Corp. Sydney	103,480	93,471	10.71
73	Australia and New Zealand Banking Group Melbourne	98,827	91,541	7.96
74	Mitsui Trust Holding Tokyo	97,956	109,937	-10.9
75	BOC Hong Kong Hong Kong	94,313	98,250	-4.01
76	State Bank of India Bombay	92,037	67,701	35.95
77	Hamburgische Landesbank Hamburg	91,411	82,608	10.66
78	Allied Irish Banks PLC Dublin	89,852	78,884	13.9
79	DBS Group Holdings Singapore	86,047	81,936	5.02
80	State Street Corp. Boston	85,794	69,896	22.75
81	KeyCorp Cleveland	85,202	80,938	5.27
82	Fifth Third Bancorp Cincinnati	80,894	71,026	13.89
83	HVB Real Estate Bank AG Munich	80,847	67,883	19.1
84	BB&T Corp. Winston-Salem, N.C.	80,217	70,870	13.19
85	Bank of Yokohama Ltd. Japan	80,108	84,538	-5.24
86	Old Mutual PLC London	78,418	63,998	22.53
87	Bank of New York	77,564	81,025	-4.27
88	Bank of Ireland Dublin	76,166	69,701	9.28
89	Golden West Financial Corp. Oakland, Calif.	68,406	58,586	16.76
90	Alliance and Leicester PLC Leicester, U.K.	66,406	57,454	15.58
91	PNC Financial Services Group Pittsburgh	66,377	69,568	-4.59
92	Banco Comercial Portugues SA Porto, Portugal	64,839	66,002	-1.76
93	United Overseas Bank Ltd. Singapore	61,959	61,365	0.97
94	Shizuoka Bank Ltd. Shizuoka, Japan	61,520	66,152	-7
95	Hang Seng Bank Ltd. Hong Kong	60,856	60,883	-0.04
96	Chiba Bank Ltd. Chiba, Japan	60,580	62,641	-3.29
97	Countrywide Financial Corp. Calabasas, Calif.	58,039	37,216	55.95
98	Banco do Brasil SA Plano Piloto	57,795	71,465	-19.13
99	Bank Fukuoka Ltd. Fukuoka, Japan	56,886	55,556	2.39
100	DNB Holding ASA Oslo	55,493	39,838	39.3

Notes:

Sumitomo Mitsuo Financial was formed in Dec. 2002 through a share transfer from Sumitomo Mitsui Financial Group.

Result of merger of Daiwa, Kinki, Osaka, Nara, and Asahi banks.

Formed on July 31, 2002, by merger of Rheinhyp Group with Rheinhyp Rheinshce Hypothekenbank.

Currency conversions based on exchange rates on Dec. 31, 2002, or at end of latest fiscal year.

Sources: Thomson Analytics, annual reports, and American Banker research.