NEW YORK, Sept. 19, 2014 — Global Finance magazine has named the Safest Banks in China for the first time, in an exclusive survey to be published in the November 2014 issue.
In addition to the Safest Banks in China, the report includes the following rankings: Safest Banks By Country, World’s 50 Safest Banks, World’s Safest Banks By Region, World’s Top 50 Safest Commercial Bank, Top 50 Safest Banks In Emerging Markets, Safest Emerging Markets Banks by Region, Safest Islamic Financial Institutions In The GCC, World’s 50 Biggest Banks and the Biggest Emerging Markets Banks.
“China’s top banks benefit from the stable geopolitical arena and will further benefit from the recently announced $81 billion liquidity injection from the People’s Bank of China,” says Global Finance publisher and editorial director Joseph D. Giarraputo. “Global Finance’s Safest Banks ranking provides an objective tool for benchmarking and analysis of the country’s banks,” Giarraputo added.
Banks 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. A video detailing the methodology behind the selections can be seen at http://www.gfmag.com/media/video/worlds-safest-banks-selection-methodology.