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. 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.
Regardless, nine banks had total assets of more than $1 trillion, and a further 13 had more than $500 billion of assets. The list below contains 15 Biggest European banks if you would like to see the full list follow the link.
Awards International is happy to see that some of its biggest award entrants have found their place on this list.
15. Credit Suisse, Switzerland — $806.79 billion
14. Credit Mutuel, France — $807.21 billion
13. UniCredit, Italy — $863.48 billion
12. ING, Netherlands — $891.25 billion
11. UBS, Switzerland — $920.11 billion
10. Royal Bank of Scotland, UK — $986.48 billion
Royal Bank of Scotland has been an Awards International loyal entrant since 2012. Year after year they have entered and won the UK Customer Experience Awards. They also participated as finalists in the UK Employee Experience Awards and the UK Financial Services Experience Awards in the past couple of years.
9. Lloyds Banking Group, UK — $1.010 trillion
8. Groupe BPCE, France — $1.302 trillion
7. Santander, Spain — $1.413 trillion
Santander showcased at the UK Financial Services Experience Awards last year.
6. Societe Generale, France — $1.454 trillion
Reuters / Gonzalo Fuentes
5. Barclays, UK — $1.496 trillion
We can proudly say that Barclays has entered and won a number of different award shows organised by Awards International. They are definitely one of their most frequent entrants from this list.
4. Deutsche Bank, Germany — $1.676 trillion
3. Credit Agricole, France — $1.817 trillion
2. BNP Paribas, France — $2.190 trillion
1. HSBC, UK — $2.374 trillion