Largest banks by country: I


Largest banks by country
*Rank*	*Bank*	*City*	*Fiscal period*	*Shareholders’ equity ($m)*	*Equity growth (%)*	*Total assets ($m)*	*Asset growth (%)*	*Net income ($m)*	*Income growth (%)*	*Return on average equity (%)*	*$ rate differential (%)*
Iceland
1	Savings Bank	Reykjavik	1996	101	10.18	869	11.66	9	10.95	9.68	2.54
2	Landsbanki Islands	Reykjavik	1997	98	6.87	1,729	13.17	5	24.31	4.78	7.91
3	Islandsbanki	Reykjavik	1997	86	15.70	1,239	14.58	15	62.98	18.02	7.91
India
1	State Bank of India	Bombay	1997	2,221	46.02	43,574	8.31	370	59.85	19.78	4.6
2	Canara Bank	Bangalore	1997	570	6.10	9,930	14.58	41	-41.63	7.41	4.6
3	Bank of Baroda	Mumbai	1997	554	14.86	10,482	9.34	77	32.77	14.87	4.6
4	Bank of India	Bombay	1997	540	53.82	10,567	14.48	100	30.22	22.51	4.6
5	Syndicate Bank	Manipal	1997	415	1.94	4,877	12.60	19	231.98	4.53	4.6
6	Union Bank of India	Bombay	1997	389	12.81	6,236	9.16	60	167.96	16.39	4.6
7	Punjab National Bank	New Delhi	1997	374	15.57	9,759	11.30	66	-347.82	18.99	4.6
8	Central Bank of India	Bombay	1997	304	141.48	7,020	14.85	42	-305.07	19.57	4.6
9	Oriental Bank of Commerce	New Delhi	1997	262	14.23	3,219	9.83	50	4.34	20.42	4.6
10	SCICI	Bombay	1996	235	37.90	1,493	67.69	41	2.78	20.26	8.98
11	Punjab & Sind Bank	New Delhi	1997	215	25.90	2,115	4.92	6	-115.13	2.88	4.6
Indonesia
1	Bank Negara Indonesia	Jakarta	1996	1,205	78.44	14,638	8.43	142	22.65	15.10	3.25
2	Bank Danamon Indonesia	Jakarta	1996	773	115.13	9,297	57.99	85	52.11	14.95	3.25
3	Bank Rakyat Indonesia	Jakarta	1996	760	10.35	14,440	20.46	101	36.78	13.97	3.25
4	Bank Central Asia	Jakarta	1996	734	11.93	15,148	35.58	75	47.01	10.82	3.25
5	Bank Dagang Negara	Jakarta	1996	670	15.28	13,579	9.39	94	35.30	15.04	3.25
6	Bank Bumi Daya	Jakarta	1996	655	35.68	10,290	10.23	28	25.57	4.86	3.25
7	Bank Ekspor Impor Indonesia	Jakarta	1996	636	19.06	10,827	17.14	82	40.06	14.00	3.25
8	Bank Internasional Indonesia	Jakarta	1996	526	24.34	7,431	37.27	109	35.48	23.04	3.25
9	Bank Tabungan Negara	Jakarta	1996	513	7.90	4,768	19.31	53	50.36	10.77	3.25
10	Bank Dagang Nasional Indonesia	Jakarta	1996	453	-2.20	6,988	33.90	80	35.95	17.48	3.25
11	Lippo Bank	Tangerang	1996	381	79.16	4,273	33.55	49	39.02	16.49	3.25
12	Bank Bali	Jakarta	1996	267	15.49	3,357	26.36	55	37.36	22.27	3.25
13	Bank Niaga	Jakarta	1996	264	104.18	3,303	19.50	42	52.59	21.35	3.25
14	Pan Indonesia Bank	Jakarta	1996	244	13.06	2,255	28.78	34	60.40	14.65	3.25
15	Bank Umum Nasional	Jakarta	1996	216	67.45	3,000	19.36	28	25.14	16.25	3.25
Iran
1	Bank Melli Iran	Tehran	1996	660	1.46	19,327	38.83	5	-56.44	0.77	-0.3
2	Bank Saderat Iran	Tehran	1996	519	-3.48	7,807	10.33	-21	-3840.00	-4.06	-0.3
3	Bank Mellat	Tehran	1996	346	3.16	9,180	39.97	11	79.61	3.11	-0.3
4	Bank Tejarat	Tehran	1996	332	-1.70	8,575	24.30	23	907.50	6.91	-0.3
5	Bank Sepah Iran	Tehran	1996	230	1.39	5,939	22.34	3	-79.30	1.18	-0.3
Ireland
1	Allied Irish Banks	Dublin	1997	2,982	39.39	52,815	44.00	570	42.22	22.26	17.53
2	Bank of Ireland Group	Dublin	1997	2,217	15.07	29,698	-7.07	419	24.87	20.22	0.34
3	Irish Permanent	Dublin	1996	413	9.01	7,531	22.05	57	15.25	14.43	-4.5
Israel
1	Bank Hapoalim*	Tel Aviv	1997	2,811	12.35	45,232	2.87	323	51.53	12.15	0
2	Bank Leumi*	Tel Aviv	1997	2,404	n/a	40,894	n/a	368	n/a	15.29	0
3	Israel Discount Bank	Tel Aviv	1996	1,266	4.44	24,146	3.80	80	-6.45	6.48	0
4	First International Bank of Israel	Tel Aviv	1996	632	4.37	9,653	17.34	56	9.91	9.12	0
5	United Mizrahi Bank	Tel Aviv	1996	617	10.51	14,277	8.50	54	53.95	9.20	0
6	Industrial Development Bank of Israel	Tel Aviv	1996	234	44.15	2,940	1.34	5	-40.00	2.48	0
* Figures calculated according to recently introduced accounting standards
Italy
1	Cariplo	Milan	1997	6,373	0.58	121,375	10.81	323	477.16	5.08	14.94
2	Banca di Roma	Rome	1997	6,198	-4.99	117,600	-4.02	-1,831	-2388.21	-28.79	14.94
3	Istituto Bancario San Paolo di Torino	Turin	1997	5,816	6.07	145,856	-2.09	140	-58.86	2.49	14.94
4	Credito Italiano	Genoa	1997	5,631	20.20	100,596	1.09	469	54.84	9.09	14.94
5	Banca Commerciale Italiana	Milan	1997	5,439	3.02	115,779	15.27	261	2.09	4.88	14.94
6	Istituto Mobiliare Italiano	Rome	1996	5,187	2.82	52,212	14.90	462	21.10	9.02	-3.42
7	Unicredito	Milan	1997	4,535	70.38	60,783	101.25	282	569.68	7.85	14.94
8	Banca Monte dei Paschi di Siena	Siena	1997	4,196	4.92	87,396	8.31	330	46.88	8.06	14.94
9	Banca Nazionale del Lavoro	Rome	1997	3,872	-26.01	103,258	5.18	-1,588	-1044.56	-34.89	14.94
10	Mediobanca	Milan	1997	3,027	3.39	23,180	19.46	170	35.34	5.72	10.92
11	Banca Popolare di Verona	Verona	1997	1,805	25.95	22,937	43.79	110	-7.15	6.79	14.94
12	Gruppo Bancario Casse Venete	Padua	1996	1,738	7.00	18,194	9.30	128	-15.37	7.59	-3.42
13	Banca Popolare di Bergamo-Credito Varesino	Bergamo	1997	1,630	6.40	25,542	10.45	123	-3.44	7.76	14.94
14	Banca Popolare di Milano	Milan	1997	1,544	2.52	23,661	6.09	124	-28.45	8.13	14.94
15	Gruppo Bancario Casse Emiliano Romagnole	Modena	1997	1,454	10.20	18,522	27.95	47	-13.27	3.40	14.94
16	Banco Ambrosiano Veneto	Milan	1997	1,431	3.20	40,160	18.97	139	16.68	9.88	14.94
17	Banca Popolare di Novara	Novara	1997	1,140	1.91	23,141	0.18	27	56.77	2.39	14.94
18	Cassa di Risparmio di Parma & Piacenza	Parma	1996	1,132	1.42	17,308	3.99	76	16.65	6.72	-3.42
19	Banca Antoniana Popolare Veneta	Padua	1996	1,066	-2.68	14,398	5.85	81	-1.43	7.49	-3.42
20	Banca Popolare dell’Emilia Romagna	Modena	1996	1,048	8.29	15,878	16.91	81	18.62	8.05	-3.42
21	Banca Carige	Genoa	1996	1,029	2.91	11,675	3.81	63	26.96	6.25	-3.42
22	Banco di Sicilia	Palermo	1996	1,008	33.68	31,090	0.70	-13	-92.52	-1.49	-3.42
Ivory Coast
1	Société Générale de Banques en Côte d’Ivoire	Abidjan	1996	63	20.78	944	5.36	18	27.65	30.53	6.88
2	Banque Internationale pour le Commerce & l’Industrie	Abidjan	1996	53	13.69	679	-0.05	14	-1.86	28.14	6.88

Tags Surveys and Awards

Largest banks by country: I

The world’s best for markets 2026: BNP Paribas

The world’s best fixed income house 2026: Citi

The world’s best derivatives house 2026: UBS

The world’s best sales and trading team 2026: State Street