5 Largest Banks in the World by Assets

4. Bank of China

Total Assets: $4.42 trillion

The Bank of China is a Chinese majority state-owned commercial bank headquartered in Beijing. Despite being the smallest of the big four Chinese state owned banks, the Bank of China remains the fourth largest bank in the world, with total assets amounting to $4.42 trillion. The Bank of China was founded in 1912 by the Republican government as China’s central bank, replacing the Qing Dynasty’s Ta-Ching Government Bank and plays a substantial role in the country’s economical development.