Top 10 largest banks of the world

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Into the global economics Banks play a vital role. They are responsible for better development of a country and also for the worst conditions. Since recent few years big economical countries have faced financial problems. In such conditions also some big banks have solutions for overcoming from economic crisis. These banks are helpful for saving a very large amount of big firms and also of a common person.

Here we are going to introduce you with the most famous and reputable banks of the world. Those banks have great amount and better solutions for handling any kind of economic crisis. Be ready to know, which the top 10 largest banks in the world are.    

10 – Bank of America (United States of America)

This is an American bank. It has owned the Merrill Lynch back in the year 2008 since that time it was considered as one the biggest investment banking institute. This bank is not only limited till USA, but its branches are available in all over the world. It covers the monetary investments of more than 150 countries or our world. Total amount recognized in this bank is near about $2.1 trillion. The Bank of America is in 10^th position in top 10 largest banks of the world.

9 – J.P. Morgan chase (United States of America)

This is another American bank appearing into the list of top 10 largest banks in the world. This bank was formed, when two major financial powers (J.P. Morgan and chase Manhattan) merged. This bank is mainly active in commercial sectors, retail marketing and also provides credit cards at the major level. Total amount this bank has is 2.3trillion dollars and it is at 9^th position in top 10 largest banks in the world.  

8 – Royal Bank of Scotland (United Kingdom)

This is a very old bank of the world and it was established in the 17th century by the British government. This bank has approx 80% shares of the British stock market. The managing command of the National West Bank is also under the Royal Bank of Scotland. These both banks are so old and powerful. Royal Bank has Net worth around $2.3 trillion because of good coverage of British Stock exchange. It is in 8^th position in top 10 largest banks in the world.

7 – The Barclays Group (United Kingdom)

This is another British Bank appears in the largest bank list and it is also very strong in concern of wealth. This bank is spread over 50 countries and it has around 50 million customers. This British bank mainly prefers to help people for investment banking. It has wealth power around $2.4 trillion and presently it is at 7^th position in this list.

6 – Credit Agricole (France)  

This bank is considered as the biggest bank of France. In France people mainly prefer it for their co-operative banking. With the successful approach this bank is spread in more than 60 countries. The main branch of this bank is in France, which controls all other branches of Agricole. This bank has amounted around $2.4 trillion and it is at 6^th position in top 10 largest banks in the world.

5 – Mitsubishi UFJ Finance Group (Japan)

This is the largest banking institution of Japan. In it all the financial deposits of Mitsubishi electronic products are submitted. It has a wealth up to $2.4 trillion and it is operated from Tokyo. With such a large financial power Mitsubishi UFJ Finance Group is in 5^th position in the large bank’s list.

4 – Industrial and Commercial Bank (China)

The organization has started it in the form of a limited company, but it has impressed various commercial businessmen with its charming investment policies. Now it is the most reputable bank of china. It has wealth around $2.4 trillion and it works for large business deals of china.

3 – BNP Paribas (France)

This bank was farmed as a big financial giant after merging of Paribas and Bangue national bank. Its total wealth has reached up to $2.5 trillion. This bank mainly operates to cover the local financial coverage of Belgium, France, London and Italy. With such a large coverage, the BNP is in 3^rd position in top 10 largest banks is the world.

2 – HSBC (United Kingdom)

This bank was established in a very old time in Hong-Kong in 869, but after that it has moved to the UK. This is a most liable and cooperative bank for big business holders. This bank has wealth around $2.5trillion and it is in 2^nd position in all over the world. You can easily find out this bank in your country too because HSBC is preciously running in more than 85 countries of this world.

1 – Deutsche Bank (Germany)

This is the largest bank of the world. Deutsche Bank is established in the twin towers in Frankfurt.  This bank is also considered as the biggest dollar exchange of the west side. It has a total wealth around $2.8 trillion and it is at the 1^st position in top 10 largest banks of the world.