Global Finance Names the Safest Emerging Markets Banks in Sub-Saharan Africa 2013
New York, November 5, 2013 - Global Finance magazine (GFmag.com) has named the “Safest Emerging Markets Banks in Sub-Saharan Africa” in an exclusive survey to be published in the December 2013 issue. The banks were selected through a comparison of the long-term credit ratings and total assets of the largest banks. Ratings from Moody’s, Standard & Poor’s and Fitch were used. (Ratings current on 25th October, 2013.)
The full report covers the safest banks in Central and Eastern Europe, Asia, the Middle East, Latin America and Sub-Saharan Africa. “For companies looking to expand into new markets, choosing the right banking partner is critical,” says Global Finance publisher Joseph D. Giarraputo. “This ranking is an invaluable tool for companies to evaluate institutional strength in fast-growing emerging markets.”
| Rank | Group Name | Country |
| 1 | Absa Bank | South Africa |
| 2 | FirstRand Bank | South Africa |
| 3 | Standard Bank of South Africa | South Africa |
| 4 | Nedbank | South Africa |
| 5 | Investec Bank | South Africa |