For large banks, the balance sheet total is still a crucial indicator of how well a bank is doing—particularly amid the ongoing pandemic and resulting financial crisis.

With the 2021 edition of the 50 largest European banks published by S&P Global Market Intelligence, we get a good indication of each bank’s volume in terms of lending (i.e. mortgages, business loans) and assets.

With its total assets amounting to €2,521 billion, French bank BNP Paribas comes out on top as the largest in Europe by asset, followed by HSBC and Crédit Agricole.

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Here are the 50 Largest Banks in Europe (2020):

  1. BNP Paribas SA, France – €2,521.43 billion
  2. HSBC Holdings plc, UK – €2,439.55 billion
  3. Crédit Agricole Group, France – €2,241.39 billion
  4. Banco Santander SA, Spain – €1,508.26 billion
  5. Barclays plc, UK – €1,506.24 billion
  6. Société Générale SA, France – €1,461.95 billion
  7. Groupe BPCE, France – €1,445.71 billion
  8. Deutsche Bank AG, Germany – €1,325.26 billion
  9. Intesa Sanpaolo SpA, Italy – €1,002.61 billion
  10. Lloyds Banking Group plc, UK – €972.45 billion
  11. ING Groep NV, Netherlands – €937.28 billion
  12. UniCredit SpA, Italy – €931.46 billion
  13. Crédit Mutuel Group, France – €930.92 billion
  14. UBS Group AG, Switzerland – €920.31 billion
  15. NatWest Group PLC, UK – €892.34 billion
  16. Credit Suisse Group AG, Switzerland – €744.57 billion
  17. La Banque Postale SA, France – €737.18 billion
  18. CaixaBank SA, Spain – €661.36 billion
  19. Banco Bilbao Vizcaya Argentaria SA, Spain – €650.54 billion
  20. Standard Chartered plc, UK – €645.05 billion
  21. Rabobank, Netherlands – €632.26 billion
  22. DZ Bank AG, Germany – €594.57 billion
  23. Nordea Bank AB, Sweden – €552.16 billion
  24. Danske Bank A/S, Denmark – €552.07 billion
  25. Commerzbank AG, Germany – €506.92 billion
  26. PAO Sberbank of Russia, Russia – €398.15 billion
  27. ABN AMRO Group NV, Netherlands – €395.62 billion
  28. KBC Group NV, Belgium – €320.74 billion
  29. Svenska Handelsbanken AB, Sweden – €312.09 billion
  30. Skandinaviska Enskilda Banken AB, Sweden – €302.65 billion
  31. Nationwide Building Society, UK – €285.97 billion
  32. DNB ASA, Norway – €278.40 billion
  33. Erste Group Bank AG, Austria – €277.39 billion
  34. Landesbank Baden-Württemberg, Germany – €276.45 billion
  35. Swedbank AB, Sweden – €258.27 billion
  36. Bayerische Landesbank, Germany – €256.27 billion
  37. Raiffeisen Gruppe Switzerland, Switzerland – €239.92 billion
  38. Nykredit A/S, Denmark – €223.79 billion
  39. BFA Sociedad Tenedora de Acciones SAU, Spain – €220.73 billion
  40. Landesbank Hessen-Thüringen Girozentrale, Germany – €219.32 billion
  41. Banco de Sabadell SA, Spain – €213.76 billion
  42. VTB Bank, Russia – €200.56 billion
  43. Belfius Banque SA, Belgium – €187.99 billion
  44. Banco BPM SpA, Italy – €183.69 billion
  45. Zürcher Kantonalbank, Switzerland – €174.05 billion
  46. Raiffeisen Bank International AG, Austria – €168.45 billion
  47. OP Financial Group, Finland – €160.21 billion
  48. Banca Monte dei Paschi di Siena SpA, Italy – €150.36 billion
  49. Bank of Ireland Group PLC, Ireland – €133.75 billion
  50. Norddeutsche Landesbank Girozentrale, Germany – €126.49 billion