Author: Andrea Fiano

GLOBAL FINANCE names the World's Safest Banks 2012 in Western Europe

150x193 WorldsSafestBanks

NEW YORK, August 16, 2012 Global Finance magazine ( GF mag.com) has named the Safest Banks in Western Europe 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.

German banks performed strongly at the top of the list this year, taking three of the top five and four of the top eight positions. The Netherlands also performed well, with three banks in the top ten.

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

World's Safest Banks 2012 in Western Europe
1.

KfW

(Germany)

8.

NRW.BANK

(Germany)

2.

Bank Nederlandse Gemeenten (BNG)

(Netherlands)

9.

Banque et Caisse d’Epargne de l’Etat

(Luxembourg)

3.

Zürcher Kantonalbank

(Switzerland)

10.

Rabobank Group

(Netherlands)

4.

Landwirtschaftliche Rentenbank

(Germany)

11.

HSBC Holdings

(United Kingdom)

5.

Landeskreditbank Baden-Württemberg - Förderbank(L-Bank)

(Germany)

12.

Nordea

(Sweden)

6.

Caisse des Depots et Consignations (CDC)

(France)

13.

Svenska Handelsbanken

(Sweden)

7.

Nederlandse Waterschapsbank

(Netherlands)

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