
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.
Global Finance Magazine's 16th annual ranking of the World's Safest Banks illustrates how sovereign rating upgrades impact the perceived strength of a country's financial institutions.
Fitch Ratings / |
Moody's |
AAA |
Aaa |
AA+ |
Aa1 |
AA |
Aa2 |
AA- |
Aa3 |
A+ |
A1 |
A |
A2 |
A- |
A3 |
global Top 50 |
||||||||
Rank |
Group Name |
Country |
Ratings |
Total Score |
Assets $ mn |
Statement Date |
||
Fitch |
Moody’s |
S&P |
||||||
1 |
KfW |
Germany |
AAA |
Aaa |
AAA |
30 |
547,603 |
12/31/15 |
2 |
Zürcher Kantonalbank |
Switzerland |
AAA |
Aaa |
AAA |
30 |
155,640 |
12/31/15 |
3 |
Landwirtschaftliche Rentenbank |
Germany |
AAA |
Aaa |
AAA |
30 |
101,571 |
12/31/15 |
4 |
L-Bank |
Germany |
AAA |
Aaa |
AAA |
30 |
79,660 |
12/31/15 |
5 |
Bank Nederlandse Gemeenten (BNG) |
Netherlands |
AA+ |
Aaa |
AAA |
29 |
162,777 |
12/31/15 |
6 |
Nederlandse Waterschapsbank |
Netherlands |
N/R |
Aaa |
AAA |
29 |
91,720 |
6/30/15 |
7 |
NRW.BANK |
Germany |
AAA |
Aa1 |
AA- |
26 |
151,885 |
12/31/15 |
8 |
Banque et Caisse d’Epargne de l’Etat |
Luxembourg |
N/R |
Aa2 |
AA+ |
24.5 |
48,309 |
6/30/15 |
9 |
Caisse des Dépôts |
France |
AA |
Aa2 |
AA |
24 |
169,672 |
12/31/15 |
10 |
TD Bank |
Canada |
AA- |
Aa1 |
AA- |
23 |
844,128 |
10/31/15 |
11 |
DZ Bank |
Germany |
AA- |
Aa1 |
AA- |
23 |
444,574 |
12/31/15 |
12 |
DBS Bank |
Singapore |
AA- |
Aa1 |
AA- |
23 |
323,819 |
12/31/15 |
13 |
Svenska Handelsbanken |
Sweden |
AA |
Aa2 |
AA- |
23 |
298,803 |
12/31/15 |
14 |
OCBC Bank |
Singapore |
AA- |
Aa1 |
AA- |
23 |
275,967 |
12/31/15 |
15 |
Korea Development Bank |
South Korea |
AA- |
Aa2 |
AA |
23 |
263,959 |
12/31/15 |
16 |
United Overseas Bank |
Singapore |
AA- |
Aa1 |
AA- |
23 |
223,503 |
12/31/15 |
17 |
Export-Import Bank of Korea |
South Korea |
AA- |
Aa2 |
AA |
23 |
70,369 |
12/31/15 |
18 |
Banque Cantonale Vaudoise |
Switzerland |
N/R |
Aa2 |
AA |
23 |
43,373 |
12/31/15 |
19 |
Deutsche Apotheker- und Ärztebank |
Germany |
AA- |
Aa1 |
AA- |
23 |
39,678 |
12/31/15 |
20 |
Royal Bank of Canada |
Canada |
AA |
Aa3 |
AA- |
22 |
821,072 |
10/31/15 |
21 |
Commonwealth Bank of Australia |
Australia |
AA- |
Aa2 |
AA- |
22 |
670,798 |
6/30/15 |
22 |
National Australia Bank |
Australia |
AA- |
Aa2 |
AA- |
22 |
669,507 |
9/30/15 |
23 |
ANZ Group |
Australia |
AA- |
Aa2 |
AA- |
22 |
623,835 |
9/30/15 |
24 |
Westpac |
Australia |
AA- |
Aa2 |
AA- |
22 |
569,335 |
9/30/15 |
25 |
Industrial Bank of Korea |
South Korea |
AA- |
Aa2 |
AA- |
22 |
204,557 |
12/31/15 |
26 |
Société de Financement Local (SFIL) |
France |
AA- |
Aa3 |
AA |
22 |
91,108 |
12/31/15 |
27 |
Pictet & Cie |
Switzerland |
AA- |
Aa2 |
N/R |
21.5 |
34,519 |
12/31/14 |
28 |
Rabobank |
Netherlands |
AA- |
Aa2 |
A+ |
21 |
729,856 |
12/31/15 |
29 |
Nordea |
Sweden |
AA- |
Aa3 |
AA- |
21 |
704,266 |
12/31/15 |
30 |
Swedbank |
Sweden |
AA- |
Aa3 |
AA- |
21 |
254,580 |
12/31/15 |
31 |
Hang Seng Bank |
Hong Kong |
A+ |
Aa2 |
AA- |
21 |
172,173 |
12/31/15 |
32 |
National Bank of Abu Dhabi |
UAE |
AA- |
Aa3 |
AA- |
21 |
110,705 |
12/31/15 |
33 |
AgriBank |
United States |
AA- |
Aa3 |
AA- |
21 |
99,507 |
12/31/15 |
34 |
Caisse centrale Desjardins |
Canada |
AA- |
Aa2 |
A+ |
21 |
37,458 |
12/31/15 |
35 |
Kiwibank |
New Zealand |
AA |
Aa3 |
A+ |
21 |
12,514 |
6/30/15 |
36 |
China Development Bank |
China |
A+ |
Aa3 |
AA- |
20 |
1,685,954 |
12/31/15 |
37 |
Sparkassen-Finanzgruppe (Sparkasse) |
Germany |
A+ |
Aa2 |
N/R |
20 |
1,353,868 |
12/31/14 |
38 |
Scotiabank |
Canada |
AA- |
Aa3 |
A+ |
20 |
654,664 |
10/31/15 |
39 |
Agricultural Development |
China |
A+ |
Aa3 |
AA- |
20 |
513,517 |
12/31/14 |
40 |
Bank of Montreal |
Canada |
AA- |
Aa3 |
A+ |
20 |
490,622 |
10/31/15 |
41 |
U.S. Bancorp |
United States |
AA |
A1 |
A+ |
20 |
421,853 |
12/31/15 |
42 |
Export-Import Bank of China |
China |
A+ |
Aa3 |
AA- |
20 |
386,983 |
12/31/14 |
43 |
CIBC |
Canada |
AA- |
Aa3 |
A+ |
20 |
354,131 |
10/31/15 |
44 |
SEB |
Sweden |
AA- |
Aa3 |
A+ |
20 |
295,702 |
12/31/15 |
45 |
DNB |
Norway |
N/R |
Aa2 |
A+ |
20 |
254,171 |
12/31/15 |
46 |
HSBC France |
France |
AA- |
A1 |
AA- |
20 |
183,406 |
12/31/15 |
47 |
Qatar National Bank |
Qatar |
AA- |
Aa3 |
A+ |
20 |
147,969 |
12/31/15 |
48 |
CoBank |
United States |
AA- |
N/R |
AA- |
20 |
107,428 |
12/31/14 |
49 |
National Bank of Kuwait |
Kuwait |
AA- |
Aa3 |
A+ |
20 |
77,752 |
12/31/15 |
50 |
OP Corporate Bank |
Finland |
N/R |
Aa3 |
AA- |
20 |
61,062 |
12/31/15 |
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