NEW YORK, Sept. 9, 2015 — Global Finance has named the Safest Banks in Australasia 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.
Australian banks dominate the region in terms of credit quality and size, taking nine of the top ten 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 banks in the region, as they continued to deal with volatility and major regulatory changes across global markets. Global Finance’s Safest Banks ranking 2015 highlights those banks that have built strong foundations—providing safety and security in this rapidly changing market land- scape,” says Global Finance publisher and editorial director Joseph D. Giarraputo. “This ranking is an invaluable tool for companies and investors to evaluate institu- tional strength.”
|1||National Australia Bank||Australia|
|2||Commonwealth Bank of Australia||Australia|
|7||Bendigo and Adelaide Bank||Australia|
|8||Bank of Queensland||Australia|
Ratings current as of August 14, 2015
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