The 50 largest banks of Europe by assets
What are the largest banks of Europe? Analysis of the assets of European banks shows that UK’s HSBC is the continent’s largest bank, followed by French banks BNP Paribas and Crédit Agricole.
Combined, Europe’s 50 largest banks have an asset base of over €30,000 billion, or over €30 trillion. The largest number of large European banks are not surprisingly based in Europe’s powerhouse economies –
the United Kingdom, France and Germany.
According to data sourced from S&P Global Market Intelligence, HSBC retained its place as Europe's largest bank by assets for the seventh consecutive year. But on the global stage, HSBC is the seventh largest bank, trailing US bank JPMorgan Chase, Japanese bank Mitsubishi UFJ Financial Group and four players from China: Bank of China, Agricultural Bank of China, China Construction Bank, and the globe’s largest bank in terms of assets – Industrial and Commercial Bank of China.
In Europe, Germany’s Deutsche Bank, which saw merger talks with Commerzbank collapse last year in a deal which could have significantly bolstered its asset base, and Spain’s Banco Santander follow behind the French duo of BNP Paribas and Crédit Agricole to round off the top five of Europe’s largest banks.
1. HSBC
Country: United Kingdom
Total assets: €2,100 billion
2. BNP Paribas
Country: France
Total assets: €1,963 billion
3. Crédit Agricole
Country: France
Total assets: €1,763 billion
4. Deutsche Bank
Country: Germany
Total assets: €1,470 billion
5. Banco Santander
Country: Spain
Total assets: €1,446 billion
6. Barclays
Country: United Kingdom
Total assets: € 1,275 billion
7. Société Générale
Country: France
Total assets: €1,275 billion
8. Groupe BPCE
Country: France
Total assets: €1,259 billion
9. Lloyds Banking Group
Country: United Kingdom
Total assets: €914 billion
10. ING Groep
Country: Netherlands
Total assets: €846 billion
11. UniCredit
Country: Italy
Total assets: €836 billion
12. Royal Bank of Scotland
Country: United Kingdom
Total assets: €830 billion
13. Intesa Sanpaolo
Country: Italy
Total assets: €801 billion
14. Crédit Mutuel Group
Country: France
Total assets: €793 billion
15. UBS Group
Country: Switzerland
Total assets: €782 billion
16. Credit Suisse
Country: Switzerland
Total assets: €680 billion
17. Banco Bilbao
Country: Spain
Total assets: €671 billion
18. Rabobank
Country: Netherlands
Total assets: €602 billion
19. Nordea Bank
Country: Sweden
Total assets: €581 billion
20. Standard Chartered
Country: United Kingdom
Total assets: € 552 billion
21. DZ Bank
Country: Germany
Total assets: €505 billion
22. Danske Bank
Country: Denmark
Total assets: €475 billion
23. Commerzbank AG
Country: Germany
Total assets: €452 billion
24. Cassa depositi e prestiti
Country: Italy
Total assets: €419 billion
25. PAO Sberbank of Russia
Country: Russia
Total assets: €392 billion
26. ABN AMRO
Country: Netherlands
Total assets: €390 billion
27. CaixaBank
Country: Spain
Total assets: €383 billion
28. KBC Group
Country: Belgium
Total assets: €292 billion
29. Svenska Handelsbanken
Country: Sweden
Total assets: €281 billion
30. DNA ASA
Country: Norway
Total assets: €274 billion
31. Nationwide Building Society
Country: United Kingdom
Total assets: € 262 billion
32. Skandinaviska Enskilda Banken
Country: Sweden
Total assets: €260 billion
33. Landesbank Baden-Württemberg
Country: Germany
Total assets: €238 billion
34. La Banque Postale
Country: France
Total assets: €231 billion
35. Swedbank
Country: Sweden
Total assets: €225 billion
36. Banco de Sabadell
Country: Spain
Total assets: €221 billion
37. BFA Sociedad Tenedora de Acciones
Country: Spain
Total assets: €221 billion
38. Erste Group Bank
Country: Austria
Total assets: €220 billion
39. Bayerische Landesbank
Country: Germany
Total assets: €214 billion
40. Raiffessen Gruppe Switzerland
Country: Switzerland
Total assets: €194 billion
41. Nykredit
Country: Denmark
Total assets: €191 billion
42. JSCVTB Bank
Country: Russia
Total assets: €188 billion
43. Dexia
Country: Belgium
Total assets: €178 billion
44. Belfius Banque
Country: Belgium
Total assets: €167 billion
45. Norddeutsche Landesbank Girozentrale
Country: Germany
Total assets: €165 billion
46. Banco BPM
Country: Italy
Total assets: €161 billion
47. Landesbank Hessen-Thüringen Girozentrale
Country: Germany
Total assets: €158 billion
48. Zürcher Kantonalbank
Country: Switzerland
Total assets: €140 billion
49. Banca Monte dei Paschi di Siena
Country: Italy
Total assets: €139 billion
50. OP Financial Group
Country: Finland
Total assets: €137 billion