WORLD'S SAFEST BANKS IN LATIN AMERICA 2012

GLOBAL FINANCE names the World's Safest Banks 2012 in Latin America

NEW YORK, August 16, 2012 — Global Finance magazine ( GF mag.com) has named the Safest Banks in Latin America in an exclusive survey to be published in the October 2012 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.

Chilean banks dominate the list once again this year, taking the top five positions, and six of the top nine.

The full report evaluates 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

PR date: Global Finance Magazine August 16, 2012 / Ratings current as of July 30, 2012