WORLD’S SAFEST BANKS IN WESTERN EUROPE 2011
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Global Finance names the World’s Safest Banks 2011 in Western Europe

 

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NEW YORK, August 18, 2011 — Global Finance magazine (GFmag.com) has named the top 10 “Safest Banks in Western Europe” in an exclusive survey to be published in the October 2011 issue. The banks were selected through a comparison of the long-term credit ratings and total assets of the largest banks. Ratings from Moody’s, Standard & Poor’s and Fitch were used.

 

The full report covers 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

 

World’s Safest Banks 2011 in Western Europe
1

KfW

(Germany)

6

Rabobank Group

(Netherlands)

2

Caisse des Dépôts et Consignations (CDC)

(France)

Tie*7

Landeskreditbank Baden- Württemberg- Förderbank

(Germany)

3

Bank Nederlandse Gemeenten (BNG)

(Netherlands)

Tie*7

Nederlandse Waterschapsbank

(Netherlands)

4

Zürcher Kantonalbank

(Switzerland)

8

Banque et Caisse d’Épargne de l’État

(Luxembourg)

5

Landwirtschaftliche Rentenbank

(Germany)

9

NRW.Bank

(Germany)

*A tie is assigned when two banks with the same score have total assets within a $5 billion range.

 

PR date: Global Finance magazine August 18, 2011

Ratings as of: August 11, 2011