If you’re wondering about the largest lending bank in the world, several financial giants stand out. Among these, the Industrial and Commercial Bank of China (ICBC) holds a staggering $6.118 trillion in total assets. This Chinese banking behemoth leads the pack, followed by the China Construction Bank (CCB) with total assets of $5.376 trillion. The HSBC bank, headquartered in London but with a global presence, boasts $2.989 trillion in total assets.
On the American front, Wells Fargo is a notable contender with $1.886 trillion in total assets, while Morgan Stanley rounds out the list with $1.199 trillion. These figures represent the immense scale at which these banks operate, handling vast amounts of capital and playing crucial roles in the global financial landscape.
So, when it comes to the largest lending bank in the world, the Industrial and Commercial Bank of China (ICBC) takes the crown with an impressive $6.118 trillion in total assets.
(Response: ICBC)