
Debt Boom Raises Specter Of Risk
Corporate borrowing remains high, despite fears of a pending recession. Still, post-crisis rules may be mitigating the risks.
China’s safest banks range from high-investment-grade to sub-investment-grade.
World’s Safest Banks 2016 | China’s Safest Banks |
||||||||||
Rank |
Group Name |
Ratings |
? |
? |
? |
Total Score |
Reporting Assets $mn |
Statement Date |
||
Fitch |
Moody’s |
S&P |
||||||||
1 |
China Development Bank |
A+ |
Aa3 |
AA- |
6 |
7 |
7 |
20 |
1,685,954 |
12/31/15 |
2 |
Agricultural Development Bank of China |
A+ |
Aa3 |
AA- |
6 |
7 |
7 |
20 |
513,517 |
12/31/14 |
3 |
Export-Import Bank of China |
A+ |
Aa3 |
AA- |
6 |
7 |
7 |
20 |
386,983 |
12/31/14 |
4 |
Industrial and Commercial Bank of China |
A |
A1 |
A |
5 |
6 |
5 |
16 |
3,421,363 |
12/31/15 |
5 |
China Construction Bank |
A |
A1 |
A |
5 |
6 |
5 |
16 |
2,826,695 |
12/31/15 |
6 |
Agricultural Bank of China |
A |
A1 |
A |
5 |
6 |
5 |
16 |
2,740,721 |
12/31/15 |
7 |
Bank of China |
A |
A1 |
A |
5 |
6 |
5 |
16 |
2,590,402 |
12/31/15 |
8 |
Bank of Communications |
A |
A2 |
A- |
5 |
5 |
4 |
14 |
1,102,266 |
31-Dec-15 |
9 |
China Merchants Bank |
BBB |
Baa1 |
BBB+ |
2 |
3 |
3 |
8 |
843,407 |
31-Dec-15 |
10 |
China CITIC Bank |
BBB |
Baa1 |
N/R |
2 |
3 |
1.5 |
6.5 |
789,077 |
31-Dec-15 |
11 |
Shanghai Pudong Development Bank |
BBB- |
Baa1 |
BBB |
1 |
3 |
2 |
6 |
777,070 |
31-Dec-15 |
12 |
China Everbright Bank |
BBB |
Baa2 |
N/R |
2 |
2 |
1 |
5 |
487,978 |
31-Dec-15 |
13 |
Bank of Shanghai |
NR |
Baa2 |
N/R |
1 |
2 |
0 |
3 |
220,153 |
30-Jun-15 |
14 |
Bank of Ningbo |
N/R |
Baa2 |
N/R |
1 |
2 |
0 |
3 |
110,334 |
31-Dec-15 |
15 |
Shanghai Rural Commercial Bank |
N/R |
N/R |
BBB- |
-1 |
0 |
1 |
0 |
90,438 |
31/12/15 |
16 |
Industrial Bank Co. |
BB+ |
Baa2 |
N/R |
-1 |
2 |
-0.5 |
0.5 |
816,280 |
31-Dec-15 |
17 |
China MinSheng Banking |
BB+ |
N/R |
BBB |
-1 |
-0.5 |
2 |
0.5 |
696,401 |
31-Dec-15 |
18 |
Ping An Bank |
BB+ |
Baa2 |
N/R |
-1 |
2 |
-0.5 |
0.5 |
386,095 |
31-Dec-15 |
19 |
China Guangfa Bank |
BB+ |
Ba1 |
N/R |
-1 |
-1 |
-2 |
-4 |
282,922 |
31-Dec-15 |
20 |
Hua Xia Bank |
BB+ |
N/R |
N/R |
-1 |
-2 |
-3 |
-6 |
311,269 |
31-Dec-15 |
21 |
Bank of Beijing |
BB+ |
N/R |
N/R |
-1 |
-2 |
-3 |
-6 |
284,204 |
31-Dec-15 |
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