Global Finance Names the World’s Safest Banks 2013 in Australasia

World's Safest Banks 2013

New York, August 26, 2013 - Global Finance magazine has named the Safest Banks in Australasia in an exclusive survey to be published in the October 2013 issue. Winners were selected through an evaluation of long-term credit ratings—from Moody’s, Standard & Poor’s and Fitch—and total assets of the 500 largest banks worldwide.

Australian banks reign supreme in the region in terms of credit quality and asset size.

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

“Bank counterparty assessment has become an intrinsic part of the job of a CFO and treasurer,” says Global Finance publisher Joseph D. Giarraputo. “ Global Finance ’s Safest Banks ranking provides an objective tool for benchmarking and analysis of regional banks.”

Rank Group Name Country
1 National Australia Bank Australia
2 Commonwealth Bank of Australia Australia
3 Westpac Australia
4 ANZ Group Australia
5 Suncorp Metway Australia
6 Bendigo and Adelaide Bank Australia
7 Macquarie Australia
8 Bank of Queensland Australia

Ratings current as of July 30, 2013