NEW YORK, Sept. 9, 2014 — Global Finance announced its 23rd Ranking of the World’s 50 Safest Banks during an online press conference at GFMag.com earlier today. The full list of the 2014 safest banks appears on the following page and will be published in the November issue.
Once again the safest banks in the world have explicit guarantees from AAA- rated governments, and European banks continue to dominate the top spots— holding the entire top 10. Banks from Singapore remain the strongest in Asia— holding three spots in the top 15, as are those from Chile in Latin America. Development banks represent a large contingent of the Top 50. TD Bank Group of Canada is the highest-ranked commercial bank, in 11th place.
“Emerging markets banks continue to climb slowly up the list of the World’s Safest Banks. The number of banks with triple-A ratings from all three agencies is now just four—down from five last year,” says Global Finance publisher and editorial director Joseph D. Giarraputo.
“With geopolitical risk rising in some markets and globalization continuing apace, it is essential for companies to work with banking partners they know they can trust. This ranking offers companies an objective tool for evaluating the stability and security of the world’s banks—both globally and by region,” Giarraputo notes.
Global Finance’s annual ranking of World’s 50 Safest Banks have been the recognized and trusted standard of financial counterparty safety for more than 20 years. 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. A video detailing the methodology behind the selections can be found at http://www.gfmag.com/media/video/worlds-safest-banks-selection-methodology.
The full results of this exclusive survey will be published in the November issue of Global Finance. The safest banks will be presented awards at a special ceremony to be held during the Annual Meetings of the IMF and World Bank in Washington, DC on October 11.
Please download PDF below for results.
Global Finance Names The World's Top 50 Safest Banks 2014
Global Finance Names The World's Top 50 Safest Commercial Banks 2014
Global Finance Names The Safest Islamic Financial Institutions In The GCC 2014
Global Finance Names Safest Banks 2014 By Country
Global Finance Names The Safest Banks In North America 2014
Global Finance Names The Safest Banks In Western Europe 2014
Global Finance Names The Safest Banks In Central & Eastern Europe 2014
Global Finance Names The Safest Banks In Latin America 2014
Global Finance Names The Safest Banks In Asia 2014
Global Finance Names The Safest Banks In The Middle East & Africa 2014
Global Finance Names The Safest Banks In Australasia 2014
SAFEST EMERGING MARKETS BANKS
Global Finance Names The 50 Safest Banks In Emerging Markets 2014
Global Finance Names The Safest Emerging Markets Banks In Asia 2014
Global Finance Names The Safest Emerging Markets Banks In The Middle East 2014
Global Finance Names The Safest Emerging Markets Banks In Sub-Saharan Africa 2014