Largest domestic banks in Benelux 2023, by equity
Dutch banks led the ranking of the largest banks in Benelux based on the value of total equity in 2023. ING Group reported the highest value of equity, at over 52 billion euros. It was followed by Rabobank, with the value of equity amounting to 49.6 billion euros. BNP Paribas Fortis ranked third, and it was the leading Belgium-based bank, with a total of approximately 31.2 billion euros worth of equity. The equity of banks with Luxembourgian origins was lower than those from Belgium and the Netherlands. This is because the Grand Duchy has many large foreign banks within the country.