Ukraine's Central Bank At War
Deputy Governor of the National Bank of Ukraine, Sergiy Nikolaychuk, talks to Global Finance magazine about how the central bank is keeping the lights on and the economy moving amid a brutal war.
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.
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- |
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 |
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 |
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 |
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 Statement Ratings current as of 12/31/14 |
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