World’s 50 Safest Emerging Markets Banks 2013



Global Finance

Names the World’s 50 Safest Banks in Emerging Markets

SafestEmergingMarketsBanks13


New York, November 5, 2013

– As developing nations struggle with a slow-down in once booming economies, the financial institutions in those countries are facing a moment of truth. With their local economies suddenly contracting, only the strongest banks will thrive. And because of that, potential corporate customers will be extremely careful in choosing the banks they do business with. In short, its safety first.

Its against this backdrop that

Global Finance

announces its third annual ranking of the Safest Banks in Emerging Markets. For the ranking,

Global Finance

used the same criteria as is applied to the Annual World’s Safest Banks ranking, which appeared in the October issuea recognized and trusted standard of creditworthiness for the financial world, now in its 22nd year.

We evaluate the ratings and total assets of the main players in developing economies to create the rankingsproviding an overview of the key banks in each region and which financial institutions offer the greatest security. Winners were selected through an evaluation of long-term credit ratingsfrom Moodys, Standard & Poors and Fitch Ratingsand total assets of the 500 largest banks in emerging markets.

The National Bank of Abu Dhabi takes the top spot for 2013, reflecting a recent upgrade by S&P. Banks from the Gulf and the Middle East dominate the list this year, with 22 out of the top 50 ranked banks. Korea, with 10 banks, and China, with 8, are the other large groups on the list, followed by Taiwan and Chile with 4 each and 2 from Czech Republic.

In addition there are a number of institutions making the list for the first time this year: Export-Import Bank of China, Export-Import Bank of Korea, Korea Development Bank, HSBC Oman (HSBC merged its Muscat Branch with Oman International Bank and renamed the bank earlier this year, resulting in a big upgrade) – and Bank of Communications, which was upgraded by Fitch earlier this year.

For companies looking to expand into new markets, choosing the right banking partner is critical, says

Global Finance

publisher Joseph D. Giarraputo. This ranking is an invaluable tool for companies to evaluate institutional strength in fast-growing emerging markets.

This exclusive ranking will be published in the December issue of

Global Finance

.


Rank

Group Name

Country
1
National Bank Of Abu Dhabi
United Arab Emirates
2
China Development Bank
China
3
Agricultural Development Bank of China
China
4
Export-Import Bank of China
China
5
Industrial Bank of Korea
South Korea
6
Korea Finance Corporation
South Korea
7
National Bank of Kuwait
Kuwait
8
Export-Import Bank of Korea
South Korea
9
BancoEstado
Chile
10
Korea Development Bank
South Korea
11
Qatar National Bank
Qatar
12
Samba Financial Group
Saudi Arabia
13
Bank of Taiwan
Taiwan
14
Banco de Chile
Chile
15
National Commercial Bank
Saudi Arabia
16
Al Rajhi Bank
Saudi Arabia
17
Banco Santander Chile
Chile
18
Riyad Bank
Saudi Arabia
19
Abu Dhabi Commercial Bank
United Arab Emirates
20
Banque Saudi Fransi
Saudi Arabia
21
SABB
Saudi Arabia
22
Union National Bank
United Arab Emirates
23
Industrial and Commercial Bank of China
China
24
China Construction Bank
China
25
Agricultural Bank of China
China
26
Bank of China
China
27
KB Kookmin Bank
South Korea
28
Shinhan Bank
South Korea
29
NongHyup Bank
South Korea
30
Kuwait Finance House
Kuwait
31
Arab National Bank
Saudi Arabia
32
Hana Bank
South Korea
33
Land Bank of Taiwan
Taiwan
34
First Gulf Bank
United Arab Emirates
35
Abu Dhabi Islamic Bank
United Arab Emirates
36
Mega International Commercial Bank
Taiwan
37
CTBC Bank
Taiwan
38
esk spoitelna
Czech Republic
39
Banco de Credito e Inversiones
Chile
40
Commercial Bank of Qatar
Qatar
41
Woori Bank
South Korea
42
Korea Exchange Bank
South Korea
43
Komern banka
Czech Republic
44
Bank Muscat
Oman
45
Saudi Hollandi Bank
Saudi Arabia
46
Doha Bank
Qatar
47
Commercial Bank of Kuwait
Kuwait
48
HSBC Bank Oman
Oman
49
Bank of Communications
China
50
Saudi Investment Bank
Saudi Arabia
arrow-chevron-right-redarrow-chevron-rightbutton-arrow-left-greybutton-arrow-left-red-400button-arrow-left-red-500button-arrow-left-red-600button-arrow-left-whitebutton-arrow-right-greybutton-arrow-right-red-400button-arrow-right-red-500button-arrow-right-red-600button-arrow-right-whitecaret-downcaret-rightclosecloseemailfacebook-square-holdfacebookhamburger-newhamburgerinstagramlinkedin-square-1linkedinpauseplaysearch-outlinesearchsubscribe-digitalsubscribe-printtwitter-square-holdtwitteryoutube