World’s 50 SAFEST BANKS 2010



Global Finance names the World’s 50 Safest Banks 2010


NEW YORK, September 2, 2010

With bank stability still high on corporate and investor agendas, Global Finance publishes its 19th annual list of the worlds safest banks. The sovereign debt crisis in Europe and renewed concerns about the global economic outlook are once again putting the spotlight on bank safety. It should be somewhat reassuring that 45 of the top-50 safest banks is this years listing maintained their standing among the top echelon in this years ranking. Banks that cleaned up their balance sheets and strengthened their capital positions were the biggest gainers. In many instances, non-performing loans have been reduced significantly. Several major British banks have rejoined the top 50, although many of the big name banks that lost their safest bank ranking during the credit crunch are still absent from the list.

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The World’s 50 Safest Banks 2010 were selected through a comparison of the long-term credit ratings and total assets of the 500 largest banks around the world. Ratings from Moodys, Standard & Poors and Fitch were used.


Global Finance has published its World’s Safest Banks listing for 19 years and this ranking has become a recognized and trusted standard of creditworthiness for the entire financial world.


Banks that have strengthened their liquidity positions and the quality and quantity of their capital are recognized in these rankings, says Global Finance publisher Joseph D. Giarraputo. More than ever, customers around the world are viewing long-term creditworthiness as the key feature of banks with which they do business.


This exclusive survey will be published in the October issue. The banks ranked 1-10 will be presented awards at a special ceremony to be held during the Annual Meetings of the IMF and World Bank in Washington in October.


For editorial information please contact: Dan Keeler, Editor, email: dan@gfmag.com

1


KfW

(Germany)

26


Credit Suisse


(Switzerland)

2


Caisse des Depots et Consignations (CDC)


(France)

27


Nordea


(Sweden)

3


Bank Nederlandse Gemeenten

(Netherlands)

28
Caja de Ahorros y Pensiones de Barcelona


(Spain)

4


Zuercher Kantonalbank


(Switzerland)

29


Svenska Handelsbanken


(Sweden)

5


Landwirtschaftliche Rentenbank


(Germany)

30


BNY Mellon


(United States)

6


Rabobank Group


(Netherlands)

31


Oversea-Chinese Banking Corporation


(Singapore)

7


Landeskreditbank Baden-Wuerttemberg – Foerderbank


(Germany)

32


United Overseas Bank


(Singapore)

8


Nederlandse Waterschapsbank


(Netherlands)

33


Pohjola Bank


(Finland)

9


NRW.Bank


(Germany)

34


Barclays Bank


(United Kingdom)

10


Royal Bank of Canada


(Canada)

35


Intesa Sanpaolo


(Italy)

11


National Australia Bank


(Australia)

36
Bank of Montreal


(Canada)

12


Westpac Banking Corporation


(Australia)

37


CIBC


(Canada)

13


Commonwealth Bank of Australia


(Australia)

38


National Bank Of Kuwait


(Kuwait)

14


Banco Santander


(Spain)

39


Deutsche Bank


(Germany)

15


Toronto-Dominion Bank


(Canada)

40


JPMorgan Chase


(United States)

16


Australia and New Zealand Banking Group


(Australia)

41


Socit Gnrale


(France)

17


ASB Bank


(New Zealand)

42


Wells Fargo


(United States)


18


BNP Paribas


(France)

43


Banque Federative du Credit Mutuel (BFCM)


(France)

19


HSBC Holdings


(United Kingdom)

44


Landesbank Baden-Wuerttemberg


(Germany)

20


Credit Agricole


(France)

45


Credit Industriel et Commercial (CIC)


(France)

21


Banco Bilbao Vizcaya Argentaria (BBVA)


(Spain)

46


Nationwide Building Society


(United Kingdom)

22


Scotiabank


(Canada)

47


U.S. Bancorp


(United States)

23


DBS Bank


(Singapore)

48


Shizuoka Bank


(Japan)

24


Banco Espanol de Credito S.A. (Banesto)


(Spain)

49
Northern Trust


(United States)

25


Caisse centrale Desjardins


(Canada)

50
National Bank of Abu Dhabi


(UAE)



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