With financial markets strengthening in most quarters, a stellar credit rating—not just a solid one—is now required to gain a place on our list of the World’s Top 50 Safest Global Banks.

Author: Andrew Cunningham

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METHODOLOGY | BEHIND THE RANKINGS

Our ratings apply to the world’s largest 500 banks by asset size. We calculate the rankings based on the long-term foreign currency ratings issued by Fitch Ratings, Standard & Poor’s and Moody’s Investors Service. Where possible, ratings on holding companies rather than operating companies were used, and banks that are wholly owned by other banks were 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.

Fitch Ratings / Standard & Poor's

Moody's

AAA

Aaa

AA+

Aa1

AA

Aa2

AA-

Aa3

A+

A1

A

A2

A-

A3


World’s Safest Banks 2015 Top 50

Rank

Bank

Fitch

Moody’s

S&P

Total Score

Reporting Assets $mn

Country

1

KfW

AAA

Aaa

AAA

30

593,750

Germany

2

Zürcher Kantonalbank

AAA

Aaa

AAA

30

160,137

Switzerland

3

Landwirtschaftliche Rentenbank

AAA

Aaa

AAA

30

107,862

Germany

4

L-Bank

AAA

Aaa

AAA

30

84,680

Germany

5

Bank Nederlandse Gemeenten

AA+

AAA

AA+

28

186,360

Netherlands

6

Nederlandse Waterschapsbank

N/R

Aaa

AA+

27.5

85,718

Netherlands

7

NRW.BANK

AAA

Aa1

AA-

26

172,459

Germany

8

Caisse des Dépôts et Consignations

AA

Aa1

AA

25

197,337

France

9

Banque et Caisse d’Epargne de l’Etat

N/R

Aa2

AA+

24.5

49,868

Luxembourg

10

TD Bank Group*

AA-

Aa1

AA-

23

837,909

Canada

11

DBS Bank

AA-

Aa1

AA-

23

333,510

Singapore

12

Oversea-Chinese Banking Corp

AA-

Aa1

AA-

23

303,660

Singapore

13

United Overseas Bank

AA-

Aa1

AA-

23

232,147

Singapore

14

Société de Financement Local (SFIL)

AA-

Aa2

AA

23

106,867

France

15

Banque Cantonale Vaudoise

N/R

Aa2

AA

23

42,256

Switzerland

16

Royal Bank of Canada*

AA

Aa3

AA-

22

834,191

Canada

17

National Australia Bank**

AA-

Aa2

AA-

22

773,062

Australia

18

Commonwealth Bank of Australia***

AA-

Aa2

AA-

22

745,527

Australia

19

ANZ Group**

AA-

Aa2

AA-

22

675,733

Australia

20

Westpac**

AA-

Aa2

AA-

22

674,639

Australia

21

DZ Bank

AA-

Aa2

AA-

22

488,701

Germany

22

Svenska Handelsbanken

AA-

Aa2

AA-

22

364,072

Sweden

23

Deutsche Apotheker-
und Ärztebank

AA-

Aa2

AA-

22

42,645

Germany

24

Pictet & Cie

AA-

Aa2

N/R

21.5

34,519

Switzerland

25

Rabobank

AA-

Aa2

A+

21

826,862

Netherlands

26

Nordea

AA-

Aa3

AA-

21

812,604

Sweden

27

Bank of Nova Scotia*

AA-

Aa2

A+

21

714,560

Canada

28

Hang Seng Bank

A+

Aa2

AA-

21

162,980

Hong Kong

29

National Bank
of Abu Dhabi

AA-

Aa3

AA-

21

102,409

UAE

30

AgriBank

AA-

Aa3

AA-

21

94,425

United States

31

Caisse centrale Desjardins

AA-

Aa2

A+

21

38,213

Canada

32

Kiwibank

AA

Aa3

A+

21

14,634

New Zealand

33

China Development Bank

A+

Aa3

AA-

20

1,685,954

China

34

Sparkassen-Finanzgruppe (Sparkasse)

A+

Aa2

N/R

20

1,523,129

Germany

35

Bank of Montreal*

AA-

Aa3

A+

20

522,092

Canada

36

Agricultural Development
Bank of China

A+

Aa3

AA-

20

513,517

China

37

Export-Import Bank of China

A+

Aa3

AA-

20

386,953

China

38

CIBC*

AA-

Aa3

A+

20

367,985

Canada

39

DNB

N/R

Aa2

A+

20

356,573

Norway

40

Korea Development Bank

AA-

Aa3

A+

20

252,231

South Korea

41

HSBC France

AA-

A1

AA-

20

244,043

France

42

Industrial Bank of Korea

AA-

Aa3

A+

20

199,910

South Korea

43

Pohjola Bank

A+

Aa3

AA-

20

134,062

Finland

44

Qatar National Bank

AA-

Aa3

A+

20

133,614

Qatar

45

CoBank

AA-

N/R

AA-

20

107,428

United States

46

National Bank of Kuwait

AA-

Aa3

A+

20

74,399

Kuwait

47

Export-Import Bank of Korea
(KEXIM)

AA-

Aa3

A+

20

66,952

South Korea

48

BancoEstado

A+

Aa3

AA-

20

46,291

Chile

49

LGT Bank

N/R

Aa2

A+

20

31,031

Liechtenstein

50

AgFirst

AA-

N/R

AA-

20

29,503

United States

Source for ratings: Fitch Ratings, Standard & Poor’s, Moody’s Investors Service  
Source for Reporting Assets: Fitch Solutions   

Statement Ratings current as of 12/31/14
*Statement Ratings current as of 10/31/14
**Statement Ratings current as of 9/30/14
***Statement Ratings current as of 6/30/14

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