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CEOWORLD magazine - Latest - Banking and Finance - 10 Central Banks: Europe Dominates the List – USA on Top with $7.84 Trillion Worth of Assets

Banking and FinanceSuccess and Leadership

10 Central Banks: Europe Dominates the List – USA on Top with $7.84 Trillion Worth of Assets

Central banks set interest rates, manage reserves, and act as lenders of last resort to commercial banks and financial institutions during economic crises. Through these functions, central banks influence economic activity and maintain the smooth operation of financial markets.

According to the SWFI, the Federal Reserve System of the United States is the world’s richest central bank, with assets valued at $7.84 trillion. European central banks dominate the top ten list, collectively holding $11.09 trillion in assets, which highlights their significant role in global finance.

The SWFI’s list of 100 central banks highlights the varying economic strengths and asset bases managed by these institutions.
Here are the top 10 central banks by total assets:

      1. Federal Reserve System (USA) – $7.84 trillion
      2. People’s Bank of China – $6 trillion
      3. Bank of Japan – $5.54 trillion
      4. Deutsche Bundesbank (Germany) – $2.78 trillion
      5. Bank of France – $2.01 trillion
      6. Norges Bank (Norway) – $1.63 trillion
      7. Bank of Italy – $1.38 trillion
      8. Bank of England – $1.29 trillion
      9. Bank of Spain – $1.05 trillion
      10. Swiss National Bank – $944 billion

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CEOWORLD magazine - Latest - Banking and Finance - 10 Central Banks: Europe Dominates the List – USA on Top with $7.84 Trillion Worth of Assets
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz