Which of the following banks is the largest bank by branch network in the world? (2024)

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Which of the following banks is the largest bank by branch network in the world? ›

Industrial & Commerial Bank of China

ICBC. According to the Forbes Global 2000, the Industrial and Commercial Bank of China (ICBC) is the largest company in the world ranked by assets (US$6.12tn).

JPMorgan Chase, or Chase Bank, is the biggest bank in America with nearly $3.4 trillion in assets. It boasts a vast network of over 4,800 physical branches and more than 15,000 ATMs.

State Bank of India (SBI)

With its headquarters in Mumbai, SBI is India's largest public sector bank. It has 22,405 branches in India, holds a 23 percent market share, and has a strong presence abroad, with more than 233 foreign branches in 36 countries.

FOREIGN BANKS

Standard Chartered had the largest network, followed by HSBC, Citibank and the Royal Bank of Scotland. Permission was granted to National Australia Bank, Industrial and Commercial Bank of China, Rabobank International and Woori Bank to open one branch each.

As of 2023, the world's biggest private bank in terms of assets under management (AUM) is UBS Group AG. UBS, a Swiss multinational investment bank and financial services company, is renowned for its extensive services in wealth management, investment banking, asset management, and retail banking.

National Financial Switch (NFS) is the largest network of shared automated teller machines (ATMs) in India.

NCR Atleos' Allpoint is the largest surcharge-free ATM network worldwide with over 55,000 ATMs in leading national and regional merchant locations across the United States, Canada, United Kingdom, Puerto Rico, Australia and Mexico.

The New York Federal Reserve Bank, the largest within the Federal Reserve System, regulates financial institutions and implements U.S. monetary policy, which in turn influences the world's economy.

Who are the 5 largest banks? ›