Global Finance Names the World’s Safest Banks 2013 in Western Europe

World's Safest Banks 2013

New York, August 26, 2013 - Global Finance magazine has named the Safest Banks in Western Europe 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.

German banks performed strongly at the top of the list this year, taking three of the top five and four of the top eight positions. The Netherlands also performed well, with three banks in the top ten.

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.”

WORLD'S SAFEST BANKS 2013 IN WESTERN EUROPE
Rank Group Name Country
1 KfW Germany
2 Bank Nederlandse Gemeenten Netherlands
3 Zürcher Kantonalbank Switzerland
4 Landwirtschaftliche Rentenbank Germany
5 L-Bank Germany
6 Nederlandse Waterschapsbank Netherlands
7 Caisse des Dépôts et Consignations France
8 NRW.Bank Germany
9 Banque et Caisse d’Epargne de l’Etat Luxembourg
10 Rabobank Netherlands

Ratings current as of July 30, 2013