World’s 50 Safest Banks: April 2013



Global Finance

announces a half-yearly update World’s 50 Safest Banks: April 2013

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NEW YORK, February 26, 2013

Bank stability is an ever-more pressing concern for the worlds companies and investors. It is within this context that

Global Finance

announces the half-yearly update to its ranking of the World’s 50 Safest Banksthe recognized standard of creditworthiness for the entire financial world since it was first introduced in 1992.


In developed markets, economic uncertainty has affected the ratings of some financial institutions,

including a number of banks in Canadawhich had been seen as a bastion of banking safety since the crisis began in 2007. While in emerging markets, institutions have generally held their ratings and moved up the list as some developed market banks moved down.

The biggest climber from the prior list published in October 2012 is BancoEstado of Chile, up six positions from 42 to 36, followed by Svenska Handelsbanken (up 5) and Nordea (up 4). Newcomers to this years Top 50 list include two South Korean banks (Korea Finance Corp and Industrial Bank of Korea) and Norways DnB. With Toronto Dominion bank having lost its Aaa rating from Moodys, no private sector bank now holds a Triple-A rating from any of the agencies.

Counterparty risk is of prime importance to global CFOs and financial executives as economic uncertainty continues to trouble global markets, says

Global Finance

publisher Joseph D. Giarraputo.

Global Finances

Safest Banks ranking provides an independent analysis of each regions banks that companies can use as a tool to benchmark their counterparties. The institutions that top our ranking of the Safest Banks are those that have shown their strength in times of turbulence.

The ranking was created through an evaluation of long-term credit ratingsfromMoodys, Standard & Poors and Fitch Ratingsand total assets of the 500 largest banks worldwide.

For editorial information please contact: Andrea Fiano, editor, email:

afiano@gfmag.com


1

KfW

26

China Development Bank
(Germany) (China)

2

Bank Nederlandse Gemeenten

27

Bank of Montreal
(Netherlands) (Canada)

3

Zrcher Kantonalbank

28

CIBC
(Switzerland) (Canada)

4

Landwirtschaftliche Rentenbank

29

BNY Mellon
(Germany) (United States)

5

L-Bank

30

Agricultural Development Bank of China
(Germany) (China)

6

Nederlandse Waterschapsbank

31

National Bank of Abu Dhabi
(Netherlands) (United Arab Emirates)

7

Caisse des Dpts et Consignations

32

CoBank, ACB
(France) (United States)

8

NRW.BANK

33

Korea Finance Corp
(Germany) (South Korea)

9

Banque et Caisse dEpargne de lEtat

34

Pohjola Bank
(Luxembourg) (Finland)

10

Rabobank

35

National Bank of Kuwait
(Netherlands) (Kuwait)

11

TD Bank Group

36

BancoEstado
(Canada) (Chile)

12

DBS Bank

37

DZ Bank
(Singapore) (Germany)

13

Oversea-Chinese Banking Corp

38

Banque Fdrative du Crdit Mutuel
(Singapore) (France)

14

United Overseas Bank

39

U.S. Bancorp
(Singapore) (United States)

15

Royal Bank of Canada

40

Industrial Bank of Korea
(Canada) (South Korea)

16

National Australia Bank

41

Northern Trust
(Australia) (United States)

17

Commonwealth Bank of Australia

42

Qatar National Bank
(Australia) (Qatar)

18

Westpac

43

Samba Financial Group
(Australia) (Saudi Arabia)

19

ANZ Group

44

La Banque Postale
(Australia) (France)

20

Nordea

45

Bank of Taiwan
(Sweden) (Taiwan)

21

Bank of Nova Scotia

46

Banco de Chile
(Canada) (Chile)

22

Svenska Handelsbanken

47

Wells Fargo
(Sweden) (United States)

23

Caisse centrale Desjardins

48

Standard Chartered
(Canada) (United Kingdom)

24

Kiwibank

49

SEB
(New Zealand) (Sweden)

25

HSBC

50

DnB
(United Kingdom) (Norway)

Assets as of: December 31, 2011

Ratings as of: February 11, 2013

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