The top 5 largest banks in the world in 2023 are: – Industrial and Commercial Bank of China (ICBC) – JPMorgan Chase – Bank of America – China Construction Bank – Agricultural Bank of China
ICBC is the largest bank in the world, with total assets of over $5.5 trillion. It is headquartered in Beijing, China.
JPMorgan Chase is the second largest bank in the world, with total assets of over $4 trillion. It is headquartered in New York City, USA.
Bank of America is the third largest bank in the world, with total assets of over $2.5 trillion. It is headquartered in Charlotte, North Carolina, USA.
China Construction Bank is the fourth largest bank in the world, with total assets of over $2 trillion. It is headquartered in Beijing, China.
Agricultural Bank of China is the fifth largest bank in the world, with total assets of over $1.6 trillion. It is headquartered in Beijing, China.
These banks are all major players in the global financial system. They provide a wide range of financial services to businesses and individuals around the world.
The ranking of the top 5 largest banks in the world can change from year to year, depending on factors such as economic growth, interest rates, and regulatory changes.
The top 5 largest banks in the world are important to the global economy. They help to facilitate trade and investment, and they provide liquidity to the financial system.