The-Top-Biggest-Banks-in-Europe-Europe-Biggest-Banks-By-Total-Assets-

Last Updated on May 10, 2021 by GhanaBusiness.Net

Biggest Banks in Europe – Europe Biggest Banks By Total assets. They are Europe’s largest banks in Europe. LONDON — S&P Global Intelligence on Friday released its annual ranking of the world’s biggest banks by assets, with Chinese banks dominating the list, securing the top four spots. Japan’s Mitsubishi UFJ Financial Group rounded out the top five. US banks also fared strongly, but which European banks are the largest.

European banks had a tough year on S&P’s list in 2016, thanks largely to depreciations in both the euro and the pound, which decreased the relative size of their total assets piles. The currency turmoil unleashed by Brexit battered European companies,” the report said.

“Brexit was not kind to European currencies in 2016 — the euro bought $1.055 at the end of 2016, compared to $1.086 a year earlier, while the British pound fell to $1.235 from $1.474 over the same period,” it continued.

“The drop in the pound alone knocked $289.53 billion off of the asset value for London-based Barclays Plc.”

Regardless, nine banks had total assets of more than $1 trillion, and a further 13 had more than $500 billion of assets. Check them out below.

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The Top Biggest Banks in Europe – Europe Biggest Banks By Total Assets

22. Commerzbank, Germany — $506.7 billion

The Top Biggest Banks in Europe - Europe Biggest Bank By Total assets

Reuters

21. DZ Bank, Germany — $537.28 billion

The Top Biggest Banks in Europe - Europe Biggest Bank By Total assets

Reuters/Ralph Orlowski

20. Standard Chartered, UK — $646.69 billion

The Top Biggest Banks in Europe - Europe Biggest Bank By Total assets

Standard Chartered CEO Bill WintersStandard Chartered

The Top Biggest Banks in Europe – Europe Biggest Banks By Total Assets

19. Nordea Bank, Sweden — $649.29 billion

The Top Biggest Banks in Europe - Europe Biggest Bank By Total assets

Reuters/Bob Strong

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18. Rabobank, Netherlands — $698.79 billion

18. Rabobank, Netherlands — $698.79 billion

Reuters/Michael Kooren

17. Intesa Sanpaolo, Italy — $764.71 billion

The Top Biggest Banks in Europe - Europe Biggest Banks By Total Assets 

Reuters

16. Banco Bilbao Vizcaya Argentaria (BBVA), Spain — $771.84 billion

16. Banco Bilbao Vizcaya Argentaria (BBVA), Spain — $771.84 billion

BBVA head-office building in Bilbao.Wikimedia

15. Credit Suisse, Switzerland — $806.79 billion

15. Credit Suisse, Switzerland — $806.79 billion

Credit Suisse CEO Tidjane ThiamREUTERS/Ben Gurr/Pool

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14. Credit Mutuel, France — $807.21 billion

14. Credit Mutuel, France — $807.21 billion

Wikipedia/CC 2.0

13. UniCredit, Italy — $863.48 billion

13. UniCredit, Italy — $863.48 billion

Reuters

12. ING, Netherlands — $891.25 billion

12. ING, Netherlands — $891.25 billion

Reuters

11. UBS, Switzerland — $920.11 billion

11. UBS, Switzerland — $920.11 billion

The logo of Swiss bank UBS is seen at the company’s headquarters in Zurich February 10, 2015.REUTERS/Arnd Wiegmann

10. Royal Bank of Scotland, UK — $986.48 billion

10. Royal Bank of Scotland, UK — $986.48 billion

Ross McEwan, Chief Executive of RBS (Royal Bank of Scotland).Peter Macdiarmid/Getty Images

9. Lloyds Banking Group, UK — $1.010 trillion

9. Lloyds Banking Group, UK — $1.010 trillion

A man uses an ATM outside a branch of Lloyds Bank in London.REUTERS/Andrew Winning/Files

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8. Groupe BPCE, France — $1.302 trillion

8. Groupe BPCE, France — $1.302 trillion

Reuters/Benoit Tessier

7. Santander, Spain — $1.413 trillion

7. Santander, Spain — $1.413 trillion

Could more bankers be getting on their bikes?Dan Kitwood/Getty Images

6. Societe Generale, France — $1.454 trillion

6. Societe Generale, France — $1.454 trillion

Reuters / Gonzalo Fuentes

5. Barclays, UK — $1.496 trillion

Biggest Banks in Europe - Europe Biggest Bank By Total assets

James ‘Jes’ Staley, CEO of BarclaysGetty (The Top Biggest Banks in Europe – Europe Biggest Bank By Total assets)

3. Credit Agricole, France — $1.817 trillion

Biggest Banks in Europe - Europe Biggest Bank By Total assets

Reuters

2. BNP Paribas, France — $2.190 trillion

1. HSBC, UK — $2.374 trillion

Biggest Banks in Europe - Europe Biggest Bank By Total assets

HSBC’s Canary Wharf office, its global headquarters.REUTERS/Russell Boyce/File Photo

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