In 2021, the total Tier 1 capital of the top 10 lenders in western Europe reached $910.89bn — down just over 4% from $952.99bn the previous year. Only Barclays and Crédit Mutuel saw their Tier 1 capital rise year on year. BNP Paribas saw the biggest fall in dollar terms, down from $121.98bn to $113.93bn.
HSBC sits comfortably at the top of the Tier 1 capital ranking for western Europe, with a capital position of $156.29bn, down 2.4% from the year previous. Crédit Agricole, BNP Paribas and Banco Santander maintain second, third and fourth spots, respectively. Barclays, helped by a 5.3% increase in its Tier 1 capital, overtakes Group BPCE to take fifth spot, with the latter moving to sixth. Intesa Sanpaolo drops out of the top 10, after recording a 15.9% decrease in Tier 1.
Meanwhile, the total Tier 1 capital of the 10 largest lenders in central and eastern Europe (CEE) has reached $156.194bn in 2021, up 5.6% year-on-year. Every bank in the top 10 ranking saw their capital rise, apart from the three Polish banks — PKO Bank Polski, Bank Gospodarstwa Krajowego and Bank Pekao.
Western Europe top 10 banks ($m)
Country rank | World rank | Bank | Country | Tier 1 |
1 | 9 | HSBC Holdings | UK | 156,292 |
2 | 14 | Crédit Agricole | France | 122,215 |
3 | 15 | BNP Paribas | France | 113,926 |
4 | 20 | Banco Santander | Spain | 93,695 |
5 | 24 | Barclays | UK | 81,504 |
6 | 26 | Groupe BPCE | France | 79,277 |
7 | 29 | Crédit Mutuel | France | 69,594 |
8 | 32 | Société Générale | France | 65,803 |
9 | 33 | UniCredit | Italy | 65,659 |
10 | 34 | Deutsche Bank | Germany | 62,926 |
CEE top 10 banks ($m)
Country rank | World rank | Bank | Country | Tier 1 |
1 | 28 | Sberbank | Russia | 72,851 |
2 | 82 | VTB Bank | Russia | 24,745 |
3 | 163 | Gazprombank | Russia | 10,970 |
4 | 173 | Alfa Bank | Russia | 10,370 |
5 | 179 | PKO Bank Polski | Poland | 9,489 |
6 | 185 | OTP Bank | Hungary | 8,986 |
7 | 255 | Bank Gospodarstwa Krajowego | Poland | 5,834 |
8 | 266 | Bank Pekao | Poland | 5,589 |
9 | 327 | Promsvyazbank | Russia | 4,390 |
10 | 434 | Tinkoff Bank | Russia | 2,971 |
To access the full results, please go to Top 1000 World Banks.