WORLD’S SAFEST BANKS IN ASIA 2011



Global Finance names the World’s Safest Banks 2011 in Asia

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NEW YORK, August 18, 2011

Global Finance

magazine (GFmag.com) has named the top 10 Safest Banks in Asia in an exclusive survey to be published in the October 2011 issue. Winners were selected through an evaluation of long-term credit ratingsfrom Moodys, Standard & Poors and Fitchand total assets of the 500 largest banks worldwide.

The full report evaluates the safest banks in Western Europe, Central and Eastern Europe, Asia, the Middle East, North America, Latin America and Australasia.

More than ever, customers around the world are viewing long-term creditworthiness as the key feature of the banks with which they do business, says Joseph D. Giarraputo, publisher of

Global Finance

. These banks have solid capital positions and superior risk management capabilities.

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

afiano@gfmag.com

1


DBS Bank


(Singapore)

6


Shizuoka Bank


(Japan)

2


Oversea-Chinese Banking Corporation


(Singapore)

7


Bank of Tokyo-Mitsubishi UFJ


(Japan)

3


United Overseas Bank


(Singapore)

8


Sumitomo Mitsui Banking Corporation


(Japan)

4


China Development Bank


(China)

9


Shinkin Central Bank


(Japan)

5


Agricultural Development Bank of China


(China)

10


Bank of Taiwan


(Taiwan)

PR date: Global Finance magazine August 18, 2011

Ratings as of: August 11, 2011

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