- The top three banks in Europe, based on figures for 2017, have remained unchanged.
- British bank HSBC is still the top largest bank in Europe, with a balance sheet total of $2,470 billion.
- The UK has three banks in the top 10 largest banks in Europe as well as six banks in the top 50.
- Do you work in the Banking industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-driven research.
For large banks, the balance sheet total is still a crucial indicator of how well a bank is doing—particularly amid the ongoing coronavirus pandemic and resulting financial crisis.
With the 2020 edition of the 50 largest European banks published by S&P Global Market Intelligence, we get a good indication of each bank’s volume in terms of lending (i.e. mortgages, business loans) and assets.
The top three banks in Europe, based on figures for 2017, haven’t budged. With its total assets amounting to $2,470 billion, British investment bank HSBC still comes out on top as the largest bank in Europe, followed by French lenders BNP Paribas and Crédit Agricole.
To learn more about the latest trends in finance and money management, check out Insider Intelligence’s Banking coverage.
Here are the 50 Largest Banks in Europe (2019).
1. HSBC Holdings plc, UK – €2,419.47 Billion
2. BNP Paribas SA, France – €2,164.71 Billion
3. Crédit Agricole Group, France – €2,010.97 Billion
4. Banco Santander SA, Spain – €1,517.27 Billion
5. Société Générale SA, France – €1,356.30 Billion
6. Barclays plc, UK – €1,345.68 Billion
7. Groupe BPCE, France – €1,338.06 Billion
8. Deutsche Bank AG, Germany – €1,297.67 Billion
9. Lloyds Banking Group plc, UK – €984.15 Billion
10. Intesa Sanpaolo SpA, Italy – €942.63 Billion
11. ING Groep NV, Netherlands – €891.74 Billion
12. UBS Group AG, Switzerland – €866.31 Billion
13. UniCredit SpA, Italy – €855.65 Billion
14. Royal Bank of Scotland Group plc, UK – €853.32 Billion
15. Crédit Mutuel Group, France – €852.56 Billion
16. Credit Suisse Group AG, Switzerland – €724.38 Billion
17. Banco Bilbao Vizcaya Argentaria SA, Spain – €696.93 Billion
18. Standard Chartered plc, UK – €641.95 Billion
19. Rabobank, Netherlands – €590.60 Billion
20. DZ Bank AG, Germany – €559.00 Billion
21. Nordea Bank AB, Sweden – €554.85 Billion
22. Danske Bank A/S, Denmark – €503.32 Billion
23. PAO Sberbank of Russia, Russia – €429.99 Billion
24. Commerzbank AG, Germany – €426.30 Billion
25. CaixaBank SA, Spain – €391.41 Billion
26. ABN AMRO Group NV, Netherlands – €375.05 Billion
27. Svenska Handelsbanken AB, Sweden – €292.81 Billion
28. KBC Group NV, Belgium – €292.17 Billion
29. DNB ASA, Norway – €283.15 Billion
30. Nationwide Building Society, UK – €281.96 Billion
31. Skandinaviska Enskilda Banken AB, Sweden – €272.49 Billion
32. La Banque Postale SA, France – €271.68 Billion
33. Landesbank Baden-Württemberg, Germany – €256.63 Billion
34. Erste Group Bank AG, Austria – €245.69 Billion
35. Swedbank AB, Sweden – €229.72 Billion
36. Raiffeisen Gruppe Switzerland, Switzerland – €228.50 Billion
37. Bayerische Landesbank, Germany – €226.00 Billion
38. Banco de Sabadell SA, Spain – €223.75 Billion
39. VTB Bank, Russia – €227.70 Billion
40. Nykredit A/S, Denmark – €215.15 Billion
41. BFA Sociedad Tenedora de Acciones SAU, Spain – €210.78 Billion
42. Landesbank Hessen-Thüringen Girozentrale, Germany – €207.03 Billion
43. Belfius Banque SA, Belgium – €172.44 Billion
44. Banco BPM SpA, Italy – €167.04 Billion
45. Zürcher Kantonalbank, Switzerland – €153.71 Billion
46. Raiffeisen Bank International AG, Austria – €152.20 Billion
47. OP Financial Group, Finland – €147.02 Billion
48. Norddeutsche Landesbank Girozentrale, Germany – €139.62 Billion
49. Banca Monte dei Paschi di Siena SpA, Italy – €132.20 Billion
50. Bank of Ireland Group PLC, Ireland – €131.88 Billion
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