SAFEST EMERGING MARKET BANKS IN ASIA 2011
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Global Finance names the Safest Emerging Market Banks 2011 in Asia

 

Safest_Banks_2011

NEW YORK, November 3, 2011 — Global Finance magazine (GFmag.com) has named the top 10 “Safest Emerging Market Banks in Asia” in an exclusive survey to be published in the December 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 rankings clearly show the ever-growing dominance of China’s banks both within Asia and throughout the emerging markets.

 

The full report covers the safest banks in Central and Eastern Europe, Asia, the Middle East, Latin America and Sub-Saharan Africa. “For companies looking to expand into new markets, choosing the right banking partner is critical,”says Global Finance publisher Joseph D. Giarraputo.“This ranking is an invaluable tool for companies to evaluate institutional strength in fast-growing emerging markets.”

 

For editorial information please contact: Andrea Fiano, Editor, email: afiano@gfmag.com

 

SAFEST EMERGING MARKET BANKS 2011 IN ASIA
1 China Development Bank (China) 6 Industrial & Commercial Bank of China (China)
2 Agricultural Development Bank of China (China) 7 Kookmin Bank (South Korea)
3 Bank of Taiwan (Taiwan) 8 National Agricultural Cooperative Federation (South Korea)
4 Korea Finance Corporation (South Korea) 9 Agricultural Bank of China (China)
5 Industrial Bank of Korea (South Korea) 10 Land Bank of Taiwan (Taiwan)