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. 

Author: Andrew Cunningham

TOP 10 SAFEST BANKS BY REGION

North America

Rank

Group Name

Country

Ratings

Total Score

Assets

$ mn

Statement

Date

Fitch

Moody’s

S&P

1

Toronto-Dominion Bank

Canada

AA-

Aa1

AA-

23

844,128

10/31/15

2

Royal Bank of Canada

Canada

AA

Aa3

AA-

22

821,072

10/31/15

3

Agribank

United States

AA-

Aa3

AA-

21

99,507

12/31/15

4

Caisse centrale Desjardins

Canada

AA-

Aa2

A+

21

37,458

12/31/15

5

Scotiabank

Canada

AA-

Aa3

A+

20

654,664

10/31/15

6

Bank of Montreal

Canada

AA-

Aa3

A+

20

490,622

10/31/15

7

U.S. Bancorp

United States

AA

A1

A+

20

421,853

12/31/15

8

Canadian Imperial Bank of Commerce (CIBC)

Canada

AA-

Aa3

A+

20

354,131

10/31/15

9

CoBank

United States

AA-

N/R

AA-

20

107,428

12/31/14

10

Agfirst

United States

AA-

N/R

AA-

20

30,621

12/31/15

 

Latin America

Rank

Group Name

Country

Ratings

Total Score

Assets

$ mn

Statement

Date

Fitch

Moody’s

S&P

1

Banco del Estado de Chile

Chile

A+

Aa3

AA-

20

46,017

12/31/15

2

Banco de Chile

Chile

N/R

Aa3

A+

18.5

44,162

12/31/15

3

Banco Santander Chile

Chile

A+

Aa3

A

18

48,992

12/31/15

4

Banco de Credito e Inversiones

Chile

A-

A1

A

15

40,683

12/31/15

5

BBVA Bancomer

Mexico

A-

A3

BBB+

11

98,575

12/31/15

6

Scotiabank Perú

Peru

A-

A3

BBB+

11

17,621

12/31/15

7

Banobras

Mexico

BBB+

A3

BBB+

10

37,319

12/31/15

8

HSBC Mexico

Mexico

A

Baa2

BBB+

10

32,557

12/31/15

9

Nacional Financiera

Mexico

BBB+

A3

BBB+

10

22,365

12/31/15

10

Banco Nacional de Comercio Exterior

Mexico

BBB+

A3

BBB+

10

18,659

12/31/15

 

CENTRAL, EASTERN EUROPE AND FSU

Rank

Group Name

Country

Ratings

Total Score

Assets

$ mn

Statement

Date

Fitch

Moody’s

S&P

1

Komerční banka

Czech Republic

A-

A2

A

14

35,915

12/31/15

2

Česká spořitelna

Czech Republic

A-

A2

A-

13

38,655

12/31/15

3

ING Bank Śląski

Poland

A

A3

N/R

12.5

27,913

12/31/15

4

Bank Pekao

Poland

A-

A2

BBB+

12

43,266

12/31/15

5

Bank Zachodni WBK

Poland

BBB+

A3

N/R

9.5

35,813

12/31/15

6

Bank Handlowy w Warszawie

Poland

A-

A3

N/R

8

12,690

12/31/15

7

mBank

Poland

BBB

Baa2

BBB

6

31,664

31-Dec-15

8

BRD - Groupe Société Générale

Romania

BBB+

Ba1

N/R

3

12,099

12/31/15

9

Banca Comercială Română

Romania

BBB

Ba1

N/R

0.5

15,035

31-Dec-15

10

Vnesheconombank

Russia

BBB-

Ba1

BB+

-1

60,130

31-Dec-15

 

Asia

Rank

Group Name

Country

Ratings

Total Score

Assets

$ mn

Statement

Date

Fitch

Moody’s

S&P

1

DBS Bank

Singapore

AA-

Aa1

AA-

23

323,819

12/31/15

2

OCBC Bank

Singapore

AA-

Aa1

AA-

23

275,967

12/31/15

3

Korea Development Bank

South Korea

AA-

Aa2

AA

23

263,959

12/31/15

4

United Overseas Bank

Singapore

AA-

Aa1

AA-

23

223,503

12/31/15

5

Export-Import Bank of Korea

South Korea

AA-

Aa2

AA

23

70,369

12/31/15

6

Industrial Bank of Korea

South Korea

AA-

Aa2

AA-

22

204,557

12/31/15

7

Hang Seng Bank

Hong Kong

A+

Aa2

AA-

21

172,173

12/31/15

8

China Development Bank

China

A+

Aa3

AA-

20

1,685,954

12/31/15

9

Agricultural Development
Bank of China

China

A+

Aa3

AA-

20

513,517

12/31/14

10

Export-Import Bank of China

China

A+

Aa3

AA-

20

386,983

12/31/14

 

AustralAsia

Rank

Group Name

Country

Ratings

Total Score

Assets

$ mn

Statement

Date

Fitch

Moody’s

S&P

1

Commonwealth Bank of Australia

Australia

AA-

Aa2

AA-

22

670,798

6/30/15

2

National Australia Bank

Australia

AA-

Aa2

AA-

22

669,507

9/30/15

3

ANZ Group

Australia

AA-

Aa2

AA-

22

623,835

9/30/15

4

Westpac

Australia

AA-

Aa2

AA-

22

569,335

9/30/15

5

Kiwibank

New Zealand

AA

Aa3

A+

21

12,514

6/30/15

6

Suncorp Metway

Australia

A+

A1

A+

18

47,393

6/30/15

7

AMP Bank

Australia

N/R

A2

A+

15.5

12,603

12/31/15

8

Bendigo and Adelaide Bank

Australia

A-

A2

A-

13

50,709

6/30/15

9

Bank of Queensland

Australia

A-

A3

A-

12

34,328

8/31/15

10

Macquarie Group

Australia

A-

A3

BBB

10

150,655

3/31/16

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