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NEW YORK, Sept. 14, 2016 — Global Finance has named the 50 Safest European Banks for 2016 as part of its 25th annual World’s Safest Banks rankings. This is the first time the pubication has published such an extensive list focused on the European region, and is timed to address marketplace concerns about the relative safety of European banks in light of the recent Brexit vote.
In addition to the 50 Safest European Banks, the full report also includes the following: World’s 50 Safest Banks, World’s 50 Safest Commercial Banks, Safest Banks by Country, 50 Safest Banks in Emerging Markets, 50 Safest Banks in the Middle East, Safest Chinese Banks, Safest Islamic Financial Institutions in the GCC, and Safest Banks by Region (Asia, Australasia, Central & Eastern Europe, Latin America, Middle East/Africa, North America and Western Europe). The report will also compare the 2016 Safest Banks against our rankings from 5 and 10 years ago.
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.
“Europe is a bastion of banking stability, with strong investor protections, independent courts and a well-educated labor force. It is perhaps no surprise that European institutions dominate our top rankings year after year,” says Joseph Giarraputo, publisher and editorial director of Global Finance.
“By looking at the top 50 safest banks in Europe this year rather than just the top ten, we were able to probe more deeply into this region and discover some of the smaller entities that nevertheless have impressive strength, stability and reputation for excellence.”
Rank
Bank Name
Country
1
KfW
Germany
2
Zürcher Kantonalbank
Switzerland
3
Landwirtschaftliche Rentenbank
Germany
4
L-Bank
Germany
5
Bank Nederlandse Gemeenten
Netherlands
6
Nederlandse Waterschapsbank N.V.
Netherlands
7
NRW.BANK
Germany
8
Banque et Caisse d'Epargne de l'Etat
Luxembourg
9
Caisse des Dépôts et Consignations (CDC)
France
10
DZ Bank
Germany
11
Svenska Handelsbanken
Sweden
12
Banque Cantonale Vaudoise
Switzerland
13
Deutsche Apotheker- und Ärztebank
Germany
14
Société de Financement Local (SFIL)
France
15
Pictet & Cie
Switzerland
16
Rabobank
Netherlands
17
Nordea
Sweden
18
Swedbank
Sweden
19
Sparkassen-Finanzgruppe (Sparkassen)
Germany
20
Skandinaviska Enskilda Banken
Sweden
21
Den Norske Bank
Norway
22
HSBC France
France
23
OP Corporate Bank (formerly Pohjola)
Finland
24
Muenchener Hypothekenbank eG
Germany
25
LGT Bank
Liechtenstein
26
BBBank eG
Germany
27
TeamBank AG Nuernberg
Germany
28
HSBC Holdings
United Kingdom
29
UBS
Switzerland
30
Banque Fédérative du Crédit Mutuel
France
31
BNP Paribas
France
32
ING
Netherlands
33
ABN AMRO Bank
Netherlands
34
BGL BNP Paribas
Luxembourg
35
Crédit Agricole
France
36
Nationwide Building Society
United Kingdom
37
Länsförsäkringar Bank
Sweden
38
Société Générale
France
39
Standard Chartered
United Kingdom
40
Danske Bank
Denmark
41
KBC
Belgium
42
Groupe BPCE
France
43
Coventry Building Society
United Kingdom
44
Komerční banka
Czech Republic
45
Schroders
United Kingdom
46
Sparebank SR bank
Norway
47
Nykredit Realkredit A/S
Denmark
48
Česká spořitelna
Czech Republic
49
La Banque Postale
France
50
ING Bank Śląski
Poland
Ratings current as of August 9, 2016
METHODOLOGY
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Its website — GFMag.com — offers analysis and articles that are the heritage of 29 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.
For editorial information please contact: Andrea Fiano | afiano@gfmag.com
To obtain rights to use Global Finance’s World’s Best Banks 2016 logo, please contact:
Chris Giarraputo | chris@gfmag.com
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