Right here in the Asia Pacific region, there are some of the most interesting and strongest economies in the world, like India, China, and Japan, right? So, looking at that, it is not a surprise that there have to be some big banks in Asia, some that are considered to be one of the biggest ones in the entire world. Like, by far, you may have an idea that ICBC is the biggest bank in Asia and it has been holding that spot for quite a while now, but are you even curious about which other banks are down on this list? Well, if you are, then just keep on reading today’s post because we’re all about listing down these top 10 biggest banks in Asia as of 2025, so, let’s just get to it right away.
1. Industrial and Commercial Bank of China (ICBC)
If you can believe it, ICBC is still the biggest bank in Asia, and that has been like at the top for a long time now. Not really a shocker since this Chinese giant won’t budge from that No. 1 spot anytime soon. And that’s with good reason, too, it has a whopping $6.3 trillion in total assets, you know? All in all, we can say one thing for sure that if it’s got something to do with money, whether loans, savings, wealth management, or digital banking, ICBC is on it. This bank made $51.6 billion in profit last year. It is stable with a capital adequacy ratio (CAR) of 19.1%. They’ve got a lot of backing cash to run everything smoothly, or so we think.
2. Agricultural Bank of China (ABC)
ABC is climbing up fast! Like, it just raced past China Construction Bank to grab the second spot and at an asset level of $5.62 trillion, it’s pretty big and growing fast too. Just so you know though, this bank was initially helping the farmers with loans, now is also doing extremely good in cities. And not only that, they maximized the ease of banking with a range of digital services. Profits? 38.1 billion dollars, no big deal. Their ROE is at 9.8%, which means their investments are generating some cash too. Also, their cost-to-income ratio (CIR) is 35.6%, just saying!
3. China Construction Bank (CCB)
You see, don’t get us wrong here though, like, the CCB dropped to third, but it’s still a HUGE one with a mind-boggling $5.4 trillion in assets, how about that now? See, we’d be straight up here, if you know those huge loans for a building, a road, a house, so yes, CCB was definitely in the mix in some way possible. All in all, yes, with a profit of $46.9 billion and an ROE of 11%, they’re definitely loved by investors.
4. Bank of China (BOC)
And then, well, this next HUGE company has assets of $4.57 trillion and is one of the biggest banks in China with a lot of international presence, you know? Like, to be honest, if you’re thinking about trade finance, helping businesses swap stuff across borders, or foreign investment then you need BOC services. They made a profit of 34.8 billion dollars with a pretty stable ROE of 9.3 per cent.
5. Mitsubishi UFJ Financial Group (MUFG)
Finally, a bank that’s not from China, how about that now? Oh, well, this one, Japan’s largest bank, MUFG, slips to fifth position with assets of $2.67 trillion, which is still a HUGE number. Recently though, the bank had a profit of $10.8 billion and an ROE of 8%. Their costs-to-profit-revenue (CIR) is on the high side at 52.4%. Though, as per the details, their operating costs are higher. But Japan’s financial corporate scene is growing via smart deals, valued investments, etc.
6. Postal Savings Bank of China (PSBC)
And sure enough, PSBC is not as showy as the others but don’t count it out! Like, to be honest, this $2.2 trillion bank focuses on normal people, especially in rural areas! They are the best option for your retail banking means normal stuff for common folks plus small business loans, you know? As for some specifics, they were able to earn a strong profit of $12.2 billion with a ROE of 9.6%. The catch? Their CIR is 65.1%, that’s what!
7. Bank of Communications (BoCom)
And then, well, BoCom sits in seventh position with $1.98 trillion in assets, maybe the next year they cross the $2 trillion mark, who knows, right? To be honest, yes, Chinabank is one of the oldest banks down there in China with Commercial Banking, Trade Finance and Wealth Management. All in all, they made $13.1 billion in profit with an 8.8% ROE recently.
8. Sumitomo Mitsui Financial Group (SMFG)
And then, you see, Japan’s second-largest financial institution SMFG has $1.95 trillion in assets. Sure, we’d say that It’s great in commercial banking (business loans and investments) and growing quickly in Southeast Asia too. Like, as for some specific, you see, profits of $6.7 billion give an ROE of 7.1% and a return on assets (ROA) of 0.3%, so they’re kinda doing great just like some Chinese banks on this list today.
9. Mizuho Financial Group
Another Japanese bank? Well, why not! You see, Japan’s third largest bank Mizuho has $1.84 trillion in assets. Talking about the recent year, you see, their profit was $4.7 billion, and the ROE 7%. CIR at 62%, which is higher so yes, their expenses to keep running are high. But it’s still globally measurably growing and a solid part of Japan’s banking space.
10. China Merchants Bank
Alrighty, last on this list is the $1.55 trillion asset China Merchants Bank. This bank excels in both retail banking which focuses on customers and private banking for the rich. With a profit of 20.9 billion dollars, their ROE of 14.7% which is the highest in this lot indicates they are excellent at converting investments into money, no matter what.
Conclusion
That’s all for today. See, no doubt, with such huge financial numbers, especially when it comes to the assets they manage, these had to be the biggest banks in Asia so far. And look at how many of these banks are actually from China, that just goes to show how well this nation has been doing lately.
