According to a recent report, The Industrial and Commercial Bank of China, and China Construction Bank are the largest banks in the world by deposits with $4,200 billion and $3,600 billion respectively.

Deposit means keeping money in the bank for various purposes such as keeping money safe or gaining interest on the deposited amount.

The amount of the deposits show the effective strategies of operations and it is a good indicator for the development of a company because the deposited amount by the customers is used in different sectors and projects for gaining a good return on investment.

List Of The 20 Largest Banks In The World By Deposits

RankBank Name CountryTotal Deposits As Per Recent Report
$ In Billion
1Industrial and Commercial Bank of ChinaChina4,300
2China Construction BankChina3,620
3Agriculture Bank of ChinaChina3,200
4Mitsubishi UFJ Financial Japan2,825
5Bank of ChinaChina2,720
6JPMorgan Chase & CoUSA2,650
7HSBC BankUK2,625
8BNP ParibasFrance 2,340
9Credit Agricole GroupFrance 2,300
10Wells Fargo & CoUSA2,000
11Mizuho Financial GroupJapan1,970
12Citigroup USA1,930
13Sumitomo Mitsui Financial GroupJapan1,900
14Barclays UK1,850
15Bank of America USA1,750
16Societe Generale France 1,650
17Deutsche BankGermany1,600
18Groupe BPCE France 1,550
19China Merchants BankChina1,495
20China Minsheng Banking CorporationChina1,483

General FAQS

Does the largest amount of deposits an indicator of the highest revenue-making bank?

A large amount of deposits shows the effectiveness of banking operations, a bank with large amounts of deposits can make more revenue by investing money in different projects.

Does the largest amount of deposits an indicator of the highest market capitalization?

The largest amount of deposits is the symbol of the stable performance of an institution, so it can be a favorable indicator of market cap.

Does the largest amount of deposits is a sign of the biggest network of branches?

The deposits are not dependent on the size of the institutions but depend on the resources, quality of service, and effective strategies of operations.

Do the largest deposited banks need a large number of employees for their operations?

A large number of deposits may be a means of a large number of customers, so yeah if a bank has more deposits, then it needs more employees to operate smoothly.