
Trade Finance In Wartime
The huge drop-off in trade involving Russia and Ukraine has hit trade finance hard.
Global Finance Names the World’s Top 10 Safest Commercial Banks 2013
New York, August 26, 2013 - Global Finance magazine has named the World’s Top 10 Safest Commercial Banks 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.
The full World’s Safest Banks report evaluates the safest banks in Western Europe, Central and Eastern Europe, Asia, the Middle East, North America, Latin America and Australasia.
“Despite not enjoying government support, these banks are among the strongest and most secure institutions in the world,” notes Joseph Giarraputo, publisher of Global Finance .
Rank | Group Name | Country |
1 | Rabobank | Netherlands |
2 | TD Bank Group | Canada |
3 | DBS Bank | Singapore |
4 | Oversea-Chinese Banking Corp | Singapore |
5 | United Overseas Bank | Singapore |
6 | Royal Bank of Canada | Canada |
7 | National Australia Bank | Australia |
8 | Commonwealth Bank of Australia | Australia |
9 | Westpac | Australia |
10 | ANZ Group | Australia |
Ratings current as of July 30, 2013