TOP-5 Banks in Europe
Europe is a financial hub that has several financial institutions within its borders. Amongst the biggest financial institutions that exist within Europe are banks. For hundreds of years, various banks have existed within the continent, which contribute to how nations operate.
This article is going to list and discuss some of the biggest banks in Europe. In no particular order, the top 5 banks in Europe are detailed below.
- HSBC Holdings plc
- BNP Paribas SA
- Crédit Agricole Group
- Banco Santander SA
- Deutsche Bank AG
HSBC Holdings plc
HSBC operates from the United Kingdom, and it is one of the biggest banks in the world. It has the largest total assets of over €2.4 trillion within Europe. Apart from its various branches in the United Kingdom, HSBC has several international offices within Europe, Asia, the Americas, Africa, and several Middle Eastern countries. HSBC primarily operates within the United Kingdom and within Hong Kong.
HSBC was founded in 1865 in Hong Kong when it was a colonial territory of the United Kingdom. The bank provides its clients banking services like savings accounts, current accounts, asset management, and lending services. However, the bank offers fewer loans and collects more deposits from customers. Therefore, HSBC is seen by most people as a safe financial institution to invest money within.
BNP Paribas SA
BNP Paribas is a financial institution that operates in France. It is one of the biggest banks in the country. The bank has a total asset of over €2.1 trillion, which makes it the highest in France and the second-highest within Europe. This bank has been amongst the biggest banks in France for the past decade.
BNP Paribas began operates in 1966. At the moment, BNP Paribas operates in over 70 countries and territories all around the world. The bank provides individual, retail, and corporate services to individuals and institutions.
Crédit Agricole Group
Crédit Agricole is another French bank that is considered one of the biggest in the world. The bank has a total asset of a little over €2 trillion. It has branches all over France. Additionally, it has over 50 international offices within several countries. Crédit Agricole offers individual and corporate services to over 50 million customers in various locations.
Crédit Agricole began operating in the 19th century. Since then, it has provided several banking services to its clients, which include savings accounts, current accounts, and asset management, to name a few.
Banco Santander SA
Banco Santander is undoubtedly the largest bank in Spain. It has the largest total asset of over €1.5 trillion, which makes it one of the biggest banks in Europe. Banco Santander has several offices within Spain. Also, it has several international offices within the United States, United Kingdom, and several Latin American nations.
Deutsche Bank AG
Deutsche Bank is considered the biggest bank in Germany and one of the biggest financial institutions within the European continent. The bank has thousands of branches, which offer services to over 40 million clients within Germany. It also has several branches within tens of countries. Deutsche Bank has a total asset of over €1.2 trillion, which is the largest within Germany.
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