The world’s 50 safest banks

[Anonymous user]

This is something I got at work a few days back thought I post it up, nice to see Singapore main 3 local banks are all on this list. Congrats to the other nations a well.

World’s 50 safest banks 2013
Rank Group Name Country
1 KfW Germany
2 Bank Nederlandse Gemeenten Netherlands
3 Zürcher Kantonalbank Switzerland
4 Landwirtschaftliche Rentenbank Germany
5 L-Bank Germany
6 Nederlandse Waterschapsbank Netherlands
7 Caisse des Dépôts et Consignations France
8 NRW.Bank Germany
9 Banque et Caisse d’Epargne de l’Etat Luxembourg
10 Rabobank Netherlands
11 TD Bank Group Canada
12 DBS Bank Singapore
13 Oversea-Chinese Banking Corp Singapore
14 United Overseas Bank Singapore
15 Royal Bank of Canada Canada
16 National Australia Bank Australia
17 Commonwealth Bank of Australia Australia
18 Westpac Australia
19 ANZ Group Australia
20 Nordea Sweden
21 Bank of Nova Scotia Canada
22 Svenska Handelsbanken Sweden
23 Hang Seng Bank Hong Kong
24 Caisse centrale Desjardins Canada
25 HSBC United Kingdom
26 Sparkassen-Finanzgruppe (Sparkasse) Germany
27 China Development Bank China
28 Bank of Montreal Canada
29 CIBC Canada
30 Agricultural Development Bank of China China
31 BNY Mellon United States
32 Pohjola Finland
33 CoBank United States
34 AgriBank United States
35 National Bank of Abu Dhabi UAE
36 Korea Finance Corporation South Korea
37 National Bank of Kuwait Kuwait
38 BancoEstado Chile
39 AgFirst United States
40 DZ Bank Germany
41 U.S. Bancorp United States
42 Industrial Bank of Korea South Korea
43 Korea Development Bank South Korea
44 Qatar National Bank Qatar
45 Northern Trust United States
46 Samba Financial Group Saudi Arabia
47 Bank of Taiwan Taiwan
48 Banco de Chile Chile
49 LGT Bank Liechten
50 Bank of Tokyo-Mitsubishi UFJ Japan

http://hereisthecity.com/2013/09/05/global-finance-names-the-worlds-50-safest-banks/

 

[timetravel]

Where is State Bank of India? Bullshit ranking.

SBI is more safe then US treasury.

SBI easily comes in the top 5 in terms of Safety.

 

[Youknowme]

Where is State Bank of India? Bullshit ranking.

SBI is more safe then US treasury.

SBI easily comes in the top 5 in terms of Safety.

Well don't know about the criteria of safety in this ranking ........But SBI is certainly not safe comparing NPA of SBI with the other Indian Bank ......Further Banking is not Mature yet in Rural India ....

 

[timetravel]

Well don't know about the criteria of safety in this ranking ........But SBI is certainly not safe comparing NPA of SBI with the other Indian Bank ......Further Banking is not Mature yet in Rural India ....

Do you know the NPA of Chinese banks? 10 times more then Indian Banks.

 

[Anonymous user]

Where is State Bank of India? Bullshit ranking.

SBI is more safe then US treasury.

SBI easily comes in the top 5 in terms of Safety.

Read the damn link you tool

Ranking derived from gfmag.com, from the Wiki site they are quite okay in the realm of finance.

Fyi Hereisthecity is a mailer which hits almost anyone working investment banking, though they're a financial tabloid they're news are typically backed by decent sources.

Global Finance’s annual ranking of World’s 50 Safest Banks has been a recognized and trusted standard of creditworthiness for the entire financial world for more than 20 years. Winners were selected through an evaluation of long-term credit ratings—from Moody’s, Standard & Poor’s and Fitch—and total assets of the 500 largest banks worldwide.

The full results of this exclusive survey will be published in the October issue of Global Finance. The banks ranked 1-10 will be presented awards at a special ceremony to be held during the Annual Meetings of the IMF and World Bank in Washington, DC in October.


Read more: World
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[timetravel]

broken tool (@Anonymous user)

may be ok but stupid article. SBI is one of the largest banks in the world with Asset size of more then 500 Billions and one of the biggest branch networks in the world.

It should be in top 5 in terms of safety without doubt.

 

[AADHAAR]

Where is State Bank of India? Bullshit ranking.

SBI is more safe then US treasury.

SBI easily comes in the top 5 in terms of Safety.

SBI is considered almost at par with the Indian sovereign.. with implicit guarantees by the Central govt for rupee deposits.

That is why INR deposits with SBI are almost good as lending to GoI (i.e. NIL risk).

For non-INR deposits too, SBI is considered to be a proxy for Indian Sovereign (since GoI doesn't borrow in foreign currencies). But here, both Indian sovereign as well as SBI carry a non-zero default probability.

The list refers to USD or foreign currency deposits; otherwise SBI is the safest when INR deposits are considered.

 

[timetravel]

SBI represents the 4th biggest economy in the world.

it has had zero records of past non performance. It has presence in every corner of world.

if SBI is not there in the above list then the list is meaningless.

Like you have Bank of Taiwan on the list. The bank is good no doubt, but its assets are merely 100 billion compared to 500 billion for SBI. that's just one example from above list.

really funny list.

 

[Anonymous user]

Is this the same bank you are referring to?


Fitch Ratings has revised the Outlook on the 'BBB-' Long-Term (LT) Foreign Currency (FC) Issuer Default Rating (IDR) of India-based financial institutions to Negative from Stable, while affirming the rating. These include six government banks (including an international banking subsidiary of a government bank), two private banks, two wholly owned government institutions and one infrastructure finance company. A list of affected entities is as follows:- State Bank of India (SBI), Punjab National Bank ( PNB ), Bank of Baroda ( BOB ), Bank of Baroda (New Zealand) Limited (BOBNZ), Canara Bank ( Canara ), IDBI Bank Ltd. ( IDBI ), ICICI Bank Ltd. ( ICICI ), Axis Bank ( Axis ), Export-Import Bank of India (EXIM), Housing and Urban Development Corporation Ltd. (HUDCO), Infrastructure Development Finance Company Ltd. ( IDFC ). The rating action follows Fitch's revision of the Outlook on India's LT Foreign- and Local-Currency IDRs to Negative from Stable (please see rating action commentary dated 18 June 2012 at Fitch Ratings - Global rating agency dedicated to providing value beyond the rating through objective and balanced credit opinions, research and data.). The Outlook revision of the financial institutions reflects their close linkages with the sovereign by virtue of their high exposure to domestic counterparties and holdings of domestic sovereign debt. Should the Sovereign Long-Term IDR be downgraded, the banks with Viability Ratings (VR) of 'bbb-' would also be affected given the previously mentioned linkages. Separately, Fitch is also of the opinion that pressures are building generally on the stand-alone credit profile of these institutions which will negatively impact VRs, given India's weakening economic and fiscal outlook, slowing business reforms and inflationary pressures that in turn could put further pressure on their future asset quality. VRs of banks with concentrated exposures to problematic sectors could be impacted more. Fitch derives some comfort from the banks' reasonable customer deposit base, established domestic franchises and adequate capitalisation. The non-banks, however, lack the funding advantage, which puts them more at risk during times of increased market volatility. In the agency's opinion, sovereign support for both the large banks and policy-type institutions is expected to remain strong, with the former benefiting from their large share of system assets and deposits and the latter from their association with the government. Consequently, Fitch expects the LT IDRs for the above two categories to be aligned to the sovereign's rating and also provide a Support Rating Floor close to, or at, the sovereign rating.

Fitch downgrades SBI, 8 more banks to negative - Moneycontrol.com

broken tool (@Anonymous user)

may be ok but stupid article. SBI is one of the largest banks in the world with Asset size of more then 500 Billions and one of the biggest branch networks in the world.

It should be in top 5 in terms of safety without doubt.

 

[timetravel]

yes the same rating agencies which had rated AIG and Lehman Brothers as AAA, AA minutes before they were collapsing....

 

[Anonymous user]

Oh right now its the rating agency that's wrong. Sure anything that can't back what you say is wrong lol

Show me an article backing SBI being safe, besides your word... From a reputable financial site.

Same article published to customers by Rabobank, its good enough for them it seems.

https://www.rabobankamerica.com/content/documents/worlds_safest_banks.pdf

 

[Not Sure]

broken tool (@Anonymous user)

may be ok but stupid article. SBI is one of the largest banks in the world with Asset size of more then 500 Billions and one of the biggest branch networks in the world.

It should be in top 5 in terms of safety without doubt.

It is a state owned bank, which means at times of conflicting interests, the bank will do exactly what the state tells it to do - That is how safe SBI is.

And at $500 Billions in assets, SBI won't feature in the top 50, leave alone top 5

 

[timetravel]

Hey timetravel, no answer?

what?
don't you see the post above (#10)

It is a state owned bank, which means at times of conflicting interests, the bank will do exactly what the state tells it to do - That is how safe SBI is.

And at $500 Billions in assets, SBI won't feature in the top 50, leave alone top 5

Yes but Banks with 100 Billion or less can feature in top 50 safest banks.

and then Lehmann Brothers is more safer then SBI. Go give your money to them.

 

[Not Sure]

what?
don't you see the post above (#10)



Yes but Banks with 100 Billion or less can feature in top 50 safest banks.

and then Lehmann Brothers is more safer then SBI. Go give your money to them.

Aren't you the one who brought in the question of size? At least have the heart to stick to what you say.

And where does Lehmann Brothers feature in the list presented above? Be happy with your SBI, just don't shout about it at others when it fails to come up even for a comparison.

 

[Anonymous user]

what?
don't you see the post above (#10)



Yes but Banks with 100 Billion or less can feature in top 50 safest banks.

and then Lehmann Brothers is more safer then SBI. Go give your money to them.

Honestly unless you can produce an article of solid reasoning whatever you say does not mean Sh*t, heck I don't even see any forum members backing you on this.

Find that article sonny. Go on be a good boy now