5 Largest Banks in the World by Assets

2. Agricultural Bank of China

Total Assets: $5.35 trillion

The Agricultural Bank of China, also known as AgBank, was founded on 10 July 1951, and has its headquarters in Dongcheng District, Beijing. Earlier this May, the Agricultural Bank of China stated that it had enhanced loan issuance and offered innovative products and services to support the development of China’s county-level areas. By the end of the first quarter, the bank’s outstanding loans for farmers reached 970.5 billion yuan ($136.3 billion), up 190.1 billion yuan ($26.68 billion) from the start of this year.