WORLD’S 50 SAFEST BANKS 2012

NEW YORK, March 1, 2012 – Bank stability is an ever-more pressing concern for the world’s corporations and investors. It is within this context that Global Finance announces the half-yearly update to its Ranking of the World’s 50 Safest Banks.

The ranking was created through an evaluation of long-term credit ratings—from Moody’s, Standard & Poor’s and Fitch Ratings—and total assets of the 500 largest banks worldwide. Global Finance’s ranking of the World’s 50 Safest Banks is a recognized and trusted standard of creditworthiness for the entire financial world. “Counterparty creditworthiness has seldom been of more concern to companies and investors worldwide,” says Global Finance publisher Joseph D. Giarraputo. “Knowing how their counterparties are faring in the face of global economic uncertainty is key. This ranking helps companies and investors to get a view on the relative strength of their counterparties—and global financial institutions.”

WORLD’S 50 SAFEST BANKS
1. KfW
(Germany)
26. Pohjola Bank
(Finland)
2. Bank Nederlandse Gemeenten (BNG)
(Netherlands)
27. BNP Paribas
(France)
3. Zürcher Kantonalbank
(Switzerland)
28. China Development Bank
(China)
4. Landwirtschaftliche Rentenbank
(Germany)
29. DZ Bank **
(Germany)
5. Caisse des Dépôts et Consignations(CDC)
(France)
30. Agricultural Development Bank of China
(China)
Tie* 6. Landeskreditbank Baden-Württemberg
Förderbank (L-Bank)(Germany)
31. CoBank ACB
(United States)
Tie* 6. Nederlandse Waterschapsbank
(Netherlands)
32. National Bank of Abu Dhabi
(United Arab Emirates)
7. Banque et Caisse d’Épargne de l’État
(Luxembourg)
33. National Bank of Kuwait
(Kuwait)
8. Rabobank Group
(Netherlands)
34. Pictet & Cie
(Switzerland)
9. NRW.Bank
(Germany)
35. Deutsche Bank
(Germany)
10. Royal Bank of Canada (RBC)
(Canada)
36. JPMorgan Chase
(United States)
11. Toronto-Dominion Bank (TD Bank)
(Canada)
37. Banque Fédérative du Crédit Mutuel (BFCM)
(France)
Tie* 12. National Australia Bank
(Australia)
38. U.S. Bancorp
(United States)
Tie* 12. Commonwealth Bank of Australia
(Australia)
39. DNB Bank **
(Norway)
13. Westpac Banking Corporation
(Australia)
40. National Bank of Canada **
(Canada)
14. Scotiabank (Bank of Nova Scotia)
(Canada)
41. Northern Trust Corporation
(United States)
15. DBS Bank
(Singapore)
42. Qatar National Bank **
(Qatar)
16. Oversea-Chinese Banking Corporation
(Singapore)
43. SAMBA Financial Group **
(Saudi Arabia)
17. United Overseas Bank
(Singapore)
44. La Banque Postale **
(France)
18. Caisse centrale Desjardins
(Canada)
45. Bank of Taiwan **
(Taiwan)
19. HSBC Holdings
(United Kingdom)
Tie* 46. Shizuoka Bank
(Japan)
20. Nordea Bank
(Sweden)
Tie* 46. Banco del Estado de Chile (BancoEstado) **
(Chile)
21. Australia and New Zealand Banking Group (ANZ)
(Australia)
47. Barclays Group
(United Kingdom)
22. Svenska Handelsbanken
(Sweden)
48. Crédit Agricole
(France)
23. Bank of Montreal (BMO)
(Canada)
49. Bank of Tokyo-Mitsubishi UFJ
(Japan)
24. Canadian Imperial Bank of Commerce (CIBC)
(Canada)
50. Banco Santander
(Spain)
25. BNY Mellon
(United States)

*A tie is assigned when two banks with the same score have total assets within a $5 billion range.   **NEW ENTRANTS
PR date: Global Finance magazine March 1, 2012
Ratings as of: February 22, 2012
 
 

WORLD’S BEST INTERNET BANKS 2011

Global Winners

Best Overall Internet Bank – Global:  Citi
Best Corporate/Institutional Internet Bank – Global:   Citi
Best Consumer Internet Bank – Global:    Standard Chartered

Regional Winners: Best Consumer Internet Banks

North America:   RBC
Europe:   Activo Bank
Asia/Pacific: Standard Chartered
Latin America:  Scotia bank
Central and Eastern Europe:  BRE Bank
Middle East and Africa:  Blom Bank

http://www.gfmag.com/
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