ICBC — $7.65 trillion
State-owned and headquartered in Beijing, Industrial and Commercial Bank of China has held the title of the world's largest bank by assets for well over a decade, a run no rival on this list has come close to matching. Its 2006 initial public offering raised $21.9 billion and was, at the time, the largest IPO in history, debuting simultaneously on the Shanghai and Hong Kong exchanges.[1]




