Are luxury cars untouched by economic slowdown and inflation? The latest results from Italian luxury automaker Lamborghini suggests so. CFO Paolo Poma believes the company can even improve its profitability, despite economic headwinds. Global Finance spoke with Poma—who has been managing director and CFO since 2017—when he recently visited New York.
Global Finance editor Andrea Fiano interviews Ásgeir Jónsson, Central Bank Governor of Iceland during Global Finance's World's Best Bank Awards at the National Press Club in Washington, DC on October 15th.
NEW YORK, Sept. 14, 2016 — Global Finance has named the Safest Banks in more than 100 countries around the world as part of an exclusive survey to be published in the November 2016 issue.
In addition to the Safest Banks by Country, the full report also includes the following: World’s 50 Safest Banks, World’s 50 Safest Commercial Banks, 50 Safest Banks in Emerging Markets, 50 Safest Banks in Europe, 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 1000 largest banks worldwide.
“Each nation has a unique economic landscape with its own laws, risks and consumer habits. Banks must tailor their approach to meet the needs of the specific customer base while also providing consistency and stability across borders,” says Global Finance publisher and editorial director Joseph D. Giarraputo.
“Those that can leverage data and technology to provide secure solutions that feel custom-designed will outperform their peers. Our list offers investors and companies a consistent tool to identify the Safest Banks in specific countries.”
Bank Name
Country
NORTH AMERICA
Canada
Toronto-Dominion Bank
United States
AgriBank
WESTERN EUROPE
Andorra
Credit Andorra
Austria
Erste Group Bank
Belgium
KBC
Cyprus
RCB Bank
Denmark
Danske Bank
Finland
OP Corporate Bank (formerly Pohjola)
France
Caisse des Dépôts et Consignations
Germany
KfW
Greece
National Bank of Greece
Iceland
Islandsbanki
Ireland
Bank of Ireland
Italy
Cassa Di Risparmio Di Parma E Piancenza
Lichtenstein
LGT Bank
Luxembourg
Banque et Caisse d'Epargne de l'Etat
Malta
Bank of Valletta
Netherlands
Bank Nederlandse Gemeenten
Norway
Den Norske Bank
Portugal
Santander Totta
Spain
Banco Santander
Sweden
Svenska Handelsbanken
Switzerland
Zürcher Kantonalbank
United Kingdom
HSBC Holdings
LATIN AMERICA
Argentina
Banco Macro
Bermuda
Butterfield Bank
Bolivia
Banco Mercantil Santa Cruz
Brazil
Itaú Unibanco
Chile
Banco del Estado de Chile
Columbia
BBVA Colombia
Costa Rica
Banco Nacional de Costa Rica
Dominican Republic
Banco de Reservas de la Republica Dominicana
Ecuador
Banco Pichincha y Subsidiarias
El Salvador
Banco Agrícola
Guatamala
Banco Agromercantil de Guatemala
Jamaica
National Commercial Bank Jamaica
Mexico
Banco Nacional de Obras y Servicios Publicos
Panama
Banco Latinoamericano de Comercio Exterior
Paraguay
Banco Continental
Peru
Scotiabank Perú
Trinidad and Tobago
First Citizens Bank
Uruguay
Banca de la Republica Oriental del Uruguay
Venezuela
Banesco Banco Universal
ASIA
Bangladesh
Eastern Bank
Brunei
Bank Islam Brunei Darussalam
Cambodia
ACLEDA Bank
China
China Development Bank Corporation
Hong Kong
Hang Seng Bank
India
State Bank of India
Indonesia
Bank Mandiri
Japan
Bank of Tokyo-Mitsubishi
Macao
Tai Fung Bank
Malaysia
Maybank
Mauritius
Mauritius Commercial Bank
Mongolia
Deveopment Bank of Mongolia
Pakistan
Habib Bank
Papua and New Guinea
Bank South Pacific
Philippines
BDO Unibank
Singapore
DBS Bank
South Korea
Korea Development Bank
Sri Lanka
National Savings Bank
Taiwan
Bank of Taiwan
Thailand
Bank of Ayudhya
Vietnam
VietinBank
CENTRAL AND EASTERN EUROPE
Armenia
Ardshinbank
Azerbijan
International Bank of Azerbaijan
Belarus
Development Bank of the Republic of Belarus
Bulgaria
Societe Generale Expressbank
Croatia
Zagrebačka banka
Czech Republic
Komerční banka
Georgia
Bank of Georgia
Hungary
Hungarian Export Import Bank
Kazakhstan
Development Bank of Kazakhstan
Lativa
Citadele banka
Lithuania
Šiaulių bankas
Poland
ING Bank Śląski
Romania
BRD - Groupe Société Générale
Russia
Vnesheconombank
Slovak Republic
Vseobecna uverova banka
Slovenia
Banka Koper
Turkey
Türk Ekonomi Bankası
Ukraine
PrivatBank
Uzbekistan
Ipoteka Bank
MIDDLE EAST/NORTH AFRICA
Bahrain
Gulf International Bank
Egypt
National Bank of Egypt
Israel
Bank Hapoalim
Jordan
Arab Bank
Kuwait
National Bank of Kuwait
Lebanon
Bank Audi
Morocco
Attijariwafa Bank
Oman
HSBC Bank Oman
Qatar
Qatar National Bank
Saudi Arabia
National Commercial Bank
Tunisia
Arab Tunisian Bank
UAE
National Bank of Abu Dhabi
SUB-SAHARAN AFRICA
Angola
Banco Angolano de Investimentos
DCR
Rawbank
Ghana
GCB Bank
Kenya
CfC Stanbic Bank
Nigeria
Zenith Bank
South Africa
Standard Bank
Togo
Ecobank
AUSTRALASIA
Australia
Commonwealth Bank of Australia
New Zealand
Kiwibank
Ratings current as of August 9, 2016
About Global Finance
METHODOLOGY
Global Finance, founded in 1987, has a circulation of 50,050 and readers in 180 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance also targets the 8,000 international portfolio investors responsible for more than 80% of all global assets under professional management.
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
The unauthorized use of Global Finance Award logos is strictly prohibited.
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