WORLD'S 50 SAFEST BANKS 2012
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Global Finance announces a half-yearly update World’s 50 Safest Banks: April 2012


150-SafestApril2012-1

NEW YORK, March 1, 2012 – Bank stability is an ever-more pressing concern for the world’s corporations and investors. It is within this context that Global Finance announces the half-yearly update to its Ranking of the World’s 50 Safest Banks.

 
The sovereign debt crisis is still raging in Europe, the Arab Spring outcome is far from clear and global elections have put political stability at risk in some markets. As a result, the credit ratings of European and global banks have been affected, and have moved down the ranking of the World’s Safest Banks. In contrast, a number of banks—particularly in Asia and the Middle East—have benefitted by moving up the ranking.


In addition, even in the face of tough market conditions some banks have actually improved their score by having their ratings upgraded since the last ranking was released. With these factors in mind, Global Finance has launched the World’s 50 Safest Banks: April 2012; and launched a list of the Most Improved Ratings—those banks who have increased their score since October.


The ranking was created through an evaluation of long-term credit ratings—from Moody’s, Standard & Poor’s and Fitch Ratings—and total assets of the 500 largest banks worldwide. Global Finance’s ranking of the World’s 50 Safest Banks is a recognized and trusted standard of creditworthiness for the entire financial world. “Counterparty creditworthiness has seldom been of more concern to companies and investors worldwide,” says Global Finance publisher Joseph D. Giarraputo. “Knowing how their counterparties are faring in the face of global economic uncertainty is key. This ranking helps companies and investors to get a view on the relative strength of their counterparties—and global financial institutions.”


This exclusive survey will be published in the April issue of Global Finance.


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

 

WORLD’S 50 SAFEST BANKS

1. KfW
(Germany)

26. Pohjola Bank
(Finland)

2. Bank Nederlandse Gemeenten (BNG)
(Netherlands)

27. BNP Paribas
(France)

3. Zürcher Kantonalbank
(Switzerland)

28. China Development Bank
(China)

4. Landwirtschaftliche Rentenbank
(Germany)

29. DZ Bank **
(Germany)

5. Caisse des Dépôts et Consignations(CDC)
(France)

30. Agricultural Development Bank of China
(China)

Tie* 6. Landeskreditbank Baden-Württemberg
Förderbank (L-Bank)

(Germany)

31. CoBank ACB
(United States)

Tie* 6. Nederlandse Waterschapsbank
(Netherlands)

32. National Bank of Abu Dhabi
(United Arab Emirates)

7. Banque et Caisse d’Épargne de l’État
(Luxembourg)

33. National Bank of Kuwait
(Kuwait)

8. Rabobank Group
(Netherlands)

34. Pictet & Cie
(Switzerland)

9. NRW.Bank
(Germany)

35. Deutsche Bank
(Germany)

10. Royal Bank of Canada (RBC)
(Canada)

36. JPMorgan Chase
(United States)

11. Toronto-Dominion Bank (TD Bank)
(Canada)

37. Banque Fédérative du Crédit Mutuel (BFCM)
(France)

Tie* 12. National Australia Bank
(Australia)

38. U.S. Bancorp
(United States)

Tie* 12. Commonwealth Bank of Australia
(Australia)

39. DNB Bank **
(Norway)

13. Westpac Banking Corporation
(Australia)

40. National Bank of Canada **
(Canada)

14. Scotiabank (Bank of Nova Scotia)
(Canada)

41. Northern Trust Corporation
(United States)

15. DBS Bank
(Singapore)

42. Qatar National Bank **
(Qatar)

16. Oversea-Chinese Banking Corporation
(Singapore)

43. SAMBA Financial Group **
(Saudi Arabia)

17. United Overseas Bank
(Singapore)

44. La Banque Postale **
(France)

18. Caisse centrale Desjardins
(Canada)

45. Bank of Taiwan **
(Taiwan)

19. HSBC Holdings
(United Kingdom)

Tie* 46. Shizuoka Bank
(Japan)

20. Nordea Bank
(Sweden)

Tie* 46. Banco del Estado de Chile (BancoEstado) **
(Chile)

21. Australia and New Zealand Banking Group (ANZ)
(Australia)

47. Barclays Group
(United Kingdom)

22. Svenska Handelsbanken
(Sweden)

48. Crédit Agricole
(France)

23. Bank of Montreal (BMO)
(Canada)

49. Bank of Tokyo-Mitsubishi UFJ
(Japan)

24. Canadian Imperial Bank of Commerce (CIBC)
(Canada)

50. Banco Santander
(Spain)

25. BNY Mellon
(United States)


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

**NEW ENTRANTS


PR date: Global Finance magazine March 1, 2012
Ratings as of: February 22, 2012

 

A listing of those banks who have increased their score since October


Most Improved Ratings: April 2012
Name Score April Score October Score Change Country
Agricultural Development Bank of China 20 18.5 +1.5 China
Corpbanca 9.5 8 +1.5 Chile
Overseas-Chinese Banking Corp 23 22 +1 Singapore
United Overseas Bank 23 22 +1 Singapore
DZ Bank 20 19 +1 Germany
Banco de Crédito e Inversiones 15 14 +1 Chile
Bendigo and Adelaide Bank 13 12 +1 Australia
Banco do Brasil 6 5 +1 Brazil