The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business and families. They represent a major component of the country’s financial system and play a key role in enhancing the overall economic growth of the country.

In this work, we are going to present the rank of the 60 largest banks in the world by total assets, which still remains today, one of the most widely used indicators for comparing banks with each other. Let’s now see the 60 largest banks in the world by assets.

In the ranking of the 60 largest banks in the world by assets there are 15 Chinese banks, 6 US banks, 6 Japanese banks, 5 British banks, 5 French banks, 4 German banks, 4 Canadian banks, 4 Australian banks, 2 Italian banks, 2 Swiss bank, 2 Dutch banks, 2 Spanish banks, 1 Luxembourg bank, 1 Finnish bank and 1 Danish bank.

In the top of the ranking of the largest banks in the world by assets is Industrial & Commercial Bank of China with 4.676 billion USD in assets. In the second place is China Construction Bank with 3.906 billion USD in assets, followed by Agricultural Bank of China with about 3.739 billion USD in assets. Bank of China is fourth and JPMorgan Chase & Co fifth.

In the last three places of the ranking of the largest banks in the world by assets there are Resona Holdings with 592 billion USD, Ping An Bank with 590 billion USD and KfW Group with 586 billion USD.

The data used in this work have been collected from the main financial sites. For all of the banks, the total assets refer to the 30/06/2020 balance sheet and are expressed in billions of USD.