Largest central banks worldwide by assets 2022 | Statista (2024)

FAQs

Largest central banks worldwide by assets 2022 | Statista? ›

The Federal Reserve System was the largest central bank in the world in 2022, with total assets exceeding 8.57 trillion U.S. dollars. The Federal Reserve System consists of 12 Federal Reserve Banks, with the Federal Reserve Bank of New York holding by far the highest value of assets.

Industrial and Commercial Bank of China Ltd., with assets of $6.303 trillion, retained its place as the world's biggest bank as the Chinese megabanks occupied the top four positions. Agricultural Bank of China Ltd.

JPMorgan Chase (U.S.)

MacroMicro calculates the M2 money supply of the world's four major central banks (the United States, Europe, Japan, and China) to represent the market's liquidity level, as money supply can reflect changes in the total market demand for funds and inflationary pressures.

The United States was a leading force in the establishment of the International Bank for Reconstruction and Development (IBRD) in 1944 and remains the largest shareholder of the World Bank Group today.

The United States is the largest single shareholder, followed by Japan, Germany, the United Kingdom, and France. The rest of the shares are divided among the other member countries. A Board of Governors represents the Bank's government shareholders.

Top 10 American Banks by Asset Size:

JPMorgan Chase ($3,201,942,000 total assets) Bank of America ($2,418,508,000 total assets) Citibank ($1,766,752,000 total assets)

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A money center bank is similar in structure to a standard bank; however, it's borrowing, and lending activities are with governments, large corporations, and regular banks. Four examples of large money center banks in the United States include Bank of America, Citi, JP Morgan, and Wells Fargo, among others.

The Federal Reserve System was the largest central bank in the world in 2022, with total assets exceeding 8.57 trillion U.S. dollars. The Federal Reserve System consists of 12 Federal Reserve Banks, with the Federal Reserve Bank of New York holding by far the highest value of assets.

In the United States, the central bank is the Federal Reserve, often called the Fed. Other prominent central banks include the European Central Bank, Swiss National Bank, Bank of England, People's Bank of China, and Bank of Japan.

The U.S. central banking system—the Federal Reserve, or the Fed—is the most powerful economic institution in the United States, perhaps the world. Its core responsibilities include setting interest rates, managing the money supply, and regulating financial markets.

Chase is the largest bank in the country, holding over $3.38 trillion in assets. Bank of America is the second-largest bank with over $2.45 trillion in assets. Wells Fargo is the third-largest bank, holding over $1.7 trillion in assets.