NEW YORK, Sept. 9, 2015 — Global Finance has named the Safest Banks in Asia in an exclusive survey to be published in the November 2015 issue. Banks were selected through an evaluation of long-term foreign currency ratings—from Moody’s, Standard & Poor’s and Fitch—and total assets of the 500 largest banks worldwide.
Singaporean banks dominate the list once again this year, taking the top three positions.
The full report includes the following rankings: World’s 50 Safest Banks, World’s 50 Safest Commercial Banks, Safest Banks by Country, 50 Safest Banks in Emerging Markets, Safest Islamic Financial Institutions in the GCC, Safest Banks by Region (Asia, Australasia, Central & Eastern Europe, Latin America, Middle East/Africa, North America and Western Europe) and Safest Emerging Markets Banks by Region (Asia and Sub-Saharan Africa).
“The past year has been a rollercoaster for companies and investors, as some of the region’s biggest markets have seen intense volatility and major market changes. Global Finance’s Safest Banks ranking 2015 highlights those banks that have built strong foundations—providing safety and security in this rapidly changing market landscape,” says Global Finance publisher and editorial director Joseph D. Giarraputo. “This ranking is an invaluable tool for companies and investors to evaluate institutional strength.”
|2||Oversea-Chinese Banking Corp||Singapore|
|3||United Overseas Bank||Singapore|
|4||Hang Seng Bank||Hong Kong|
|5||China Development Bank||China|
|6||Agricultural Development Bank of China||China|
|7||Export-Import Bank of China||China|
|8||Korea Development Bank||South Korea|
|9||Industrial Bank of Korea||South Korea|
|10||Export-Import Bank of Korea (KEXIM)||South Korea|
Ratings current as of August 14, 2015
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Its website — GFMag.com — offers analysis and articles that are the heritage of 28 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.
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