Global Finance Names the World’s Safest Banks 2013 in Australasia
New York, August 26, 2013 - Global Finance magazine has named the Safest Banks in Australasia 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.
Australian banks reign supreme in the region in terms of credit quality and asset size.
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.”
|1||National Australia Bank||Australia|
|2||Commonwealth Bank of Australia||Australia|
|6||Bendigo and Adelaide Bank||Australia|
|8||Bank of Queensland||Australia|
Ratings current as of July 30, 2013