
SVB Deposits Saved, But Is It A Bailout?
The FDIC’s sudden takeover of both Silicon Valley Bank and Signature Bank casts a shadow, no matter what you call it.
Financial institutions from two regions dominate the ranking of the 50 Safest Emerging Markets Banks.
The safest banks chart is compiled by comparing the ratings for the world’s largest 500 banks, based on asset size. Long-term foreign currency ratings issued by Fitch Ratings, Standard & Poor’s and Moody’s Investors Service were used. Where possible, ratings on holding companies rather than operating companies were used, and banks that are wholly owned by other banks were omitted. Government import-export finance institutions were also omitted. Within each rank set, banks are organized according to asset size, based on data for the most recent annual reporting period, provided by Fitch Solutions and Moody’s. Ratings are reproduced with permission from the three rating agencies, with all rights reserved. A rating is not a recommendation to purchase, sell or hold a security, and it does not comment on market price or suitability for a particular investor.
Top 50 Safest Emerging Markets Banks 2015 |
|||||||
---|---|---|---|---|---|---|---|
Rank |
Bank |
Fitch |
Moody’s |
S&P |
Total Score |
Reporting Assets $mn |
Country |
1 |
National Bank of Abu Dhabi |
AA- |
Aa3 |
AA- |
21 |
102,409 |
UAE |
2 |
China Development Bank |
A+ |
Aa3 |
AA- |
20 |
1,685,954 |
China |
3 |
Agricultural Development Bank of China |
A+ |
A1 |
AA- |
20 |
513,517 |
China |
4 |
Export-Import Bank of China |
A+ |
Aa3 |
AA- |
20 |
386,953 |
China |
5 |
Korea Development Bank |
AA- |
Aa3 |
A+ |
20 |
252,231 |
South Korea |
6 |
Industrial Bank of Korea |
AA- |
Aa3 |
A+ |
20 |
199,910 |
South Korea |
7 |
Qatar National Bank |
AA- |
Aa3 |
A+ |
20 |
133,614 |
Qatar |
8 |
National Bank of Kuwait |
AA- |
Aa3 |
A+ |
20 |
74,399 |
Kuwait |
9 |
Export-Import Bank of Korea |
AA- |
Aa3 |
A+ |
20 |
66,952 |
South Korea |
10 |
BancoEstado |
A+ |
Aa3 |
AA- |
20 |
46,291 |
Chile |
11 |
Samba Financial Group |
A+ |
Aa3 |
A+ |
19 |
57,973 |
Saudi Arabia |
12 |
Bank of Taiwan |
N/R |
Aa3 |
A+ |
18.5 |
146,756 |
Taiwan |
13 |
Banco de Chile |
N/R |
Aa3 |
A+ |
18.5 |
45,517 |
Chile |
14 |
National Commercial Bank |
A+ |
A1 |
A+ |
18 |
115,967 |
Saudi Arabia |
15 |
Al Rajhi Bank |
A+ |
A1 |
A+ |
18 |
82,056 |
Saudi Arabia |
16 |
Riyad Bank |
A+ |
A1 |
A+ |
18 |
57,224 |
Saudi Arabia |
17 |
Banco Santander Chile |
A+ |
Aa3 |
A |
18 |
50,272 |
Chile |
18 |
Shinhan Bank |
A |
Aa3 |
A |
17 |
232,554 |
South Korea |
19 |
Abu Dhabi Commercial Bank |
A+ |
A1 |
A |
17 |
55,553 |
UAE |
20 |
Banque Saudi Fransi |
A |
Aa3 |
A |
17 |
50,341 |
Saudi Arabia |
21 |
SABB |
A |
Aa3 |
A |
17 |
50,029 |
Saudi Arabia |
22 |
Union National Bank |
A+ |
A1 |
N/R |
17 |
25,449 |
UAE |
23 |
Industrial and Commercial Bank of China |
A |
A1 |
A |
16 |
3,368,190 |
China |
24 |
China Construction Bank |
A |
A1 |
A |
16 |
2,736,416 |
China |
25 |
Agricultural Bank of China |
A |
A1 |
A |
16 |
2,610,582 |
China |
26 |
Bank of China |
A |
A1 |
A |
16 |
2,492,463 |
China |
27 |
Kookmin Bank |
A |
A1 |
A |
16 |
250,572 |
South Korea |
28 |
Kuwait Finance House |
A+ |
A1 |
A- |
16 |
58,681 |
Kuwait |
29 |
Arab National Bank |
A |
A1 |
A |
16 |
43,912 |
Saudi Arabia |
30 |
Commercial Bank of Qatar |
A+ |
A1 |
A- |
16 |
31,773 |
Qatar |
31 |
Land Bank of Taiwan |
N/R |
Aa3 |
A- |
15.5 |
83,876 |
Taiwan |
32 |
FGB |
A+ |
A2 |
N/R |
15.5 |
57,772 |
UAE |
33 |
Abu Dhabi Islamic Bank |
A+ |
A2 |
N/R |
15.5 |
30,471 |
UAE |
34 |
Nonghyup Bank |
A- |
A1 |
A |
15 |
192,531 |
South Korea |
35 |
Hana Financial Group |
A- |
A+ |
A |
15 |
156,877 |
South Korea |
36 |
Korea Exchange Bank |
A- |
A1 |
A |
15 |
102,192 |
South Korea |
37 |
Mega International Commercial Bank |
A- |
A1 |
A |
15 |
99,167 |
Taiwan |
38 |
Banco de Crédito e Inversiones |
A- |
A1 |
A |
15 |
39,297 |
Chile |
39 |
Doha Bank |
A+ |
A2 |
A- |
15 |
20,747 |
Qatar |
40 |
Bank of Communications |
A |
A2 |
A- |
14 |
1,024,399 |
China |
41 |
Woori Bank |
A- |
A1 |
A- |
14 |
245,754 |
South Korea |
42 |
CTBC Bank |
A |
A2 |
A- |
14 |
107,839 |
Taiwan |
43 |
Komerční banka |
A- |
A2 |
A |
14 |
41,747 |
Czech Republic |
44 |
Qatar Islamic Bank |
A+ |
N/R |
A- |
14 |
26,403 |
Qatar |
45 |
Saudi Hollandi |
A- |
A1 |
N/R |
14 |
25,765 |
Saudi Arabia |
46 |
Bank Muscat |
A- |
A1 |
N/R |
14 |
25,301 |
Oman |
47 |
Česká spořitelna |
A- |
A2 |
A- |
13 |
39,528 |
Czech Republic |
48 |
Saudi Investment Bank |
A- |
A2 |
A- |
13 |
24,967 |
Saudi Arabia |
49 |
Gulf Bank |
A+ |
Baa1 |
A- |
13 |
18,207 |
Kuwait |
50 |
Emirates NBD |
A+ |
Baa1 |
N/R |
12.5 |
98,848 |
UAE |
STATEMENT DATE AS OF 12/31/14 |
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