Asian banks dominated the top 10. South Korean banks took the first
three spots, with Korea Development Bank at #1, Export-Import Bank of Korea at
#2 and Industrial Bank of Korea at #3. China also landed three banks in the top
10; China Development Bank at #6, Agricultural Development Bank of China at #7
and Export-Import Bank of China at #8. Middle Eastern banks also performed
well, with UAE’s National Bank of Abu Dhabi at #4, National Bank of Kuwait
moving up four spots to #5 and Qatar National Bank at #9. Meanwhile, Banco del
Estado de Chile held the #10 position again in 2017.
Banks from the Gulf and Middle East took 23 of the top 50 spots and
Asian banks landed 21. Qatar and South Korea, with nine banks each, and China,
with eight, are the largest individual countries on the list. Banks were
selected through an evaluation of long-term foreign currency ratings—from Moody’s,
Standard & Poor’s and Fitch Ratings—and total assets of the 500 largest
banks in emerging markets.
“Emerging markets represent a unique challenge because of the
volatility of their local economies and their evolution toward integration with
the global marketplace,” The ranking of Safest Banks in Emerging Markets
provides a consistent yardstick to enable companies and investors to measure
individual institutions, both against their local peers and rivals across
regions in these dynamic markets.”
RANK BANK NAME COUNTRY
1 Korea Development
Bank South
Korea
2 Export-Import Bank
of Korea South Korea
3 Industrial Bank of
Korea South
Korea
4 First Abu Dhabi Bank
UAE
5 National Bank of
Kuwait Kuwait
6 China Development
Bank China
7 Agricultural
Development Bank of China China
8 Export-Import Bank
of China China
9 Qatar National Bank Qatar
10 Banco del Estado de
Chile Chile
11 Bank of Taiwan Taiwan
12 Shinhan Bank South
Korea
13 Banco Santander Chile
Chile
14 Kookmin Bank South
Korea
15 Abu Dhabi Commercial
Bank UAE
16 Banco de Chile Chile
17 Union National Bank UAE
18 Al Hilal Bank UAE
19 Industrial and
Commercial Bank of China China
20 China Construction
Bank China
21 Bank of China China
22 KEB Hana Bank South
Korea
23 NongHyup Bank South
Korea
24 Kuwait Finance House Kuwait
25 Qatar Islamic Bank Qatar
26 Mega International
Commercial Bank Taiwan
27 Land Bank of Taiwan Taiwan
28 Abu Dhabi Islamic
Bank UAE
29 Al Ahli Bank of
Kuwait Kuwait
30 Barwa Bank Qatar
31 Ahli United Bank
(Kuwait) Kuwait
32 Qatar International
Islamic Bank Qatar
33 Ahli Bank Qatar
34 International Bank of
Qatar Qatar
35 Agricultural Bank of
China China
36 CTBC Taiwan
37 Banco de Credito e
Inversiones Chile
38 Doha Bank Qatar
39 Bank of
Communications China
40 Woori Bank South
Korea
41 Emirates NBD UAE
42 Česká Spořitelna Czech
Republic
43 Komerční banka Czech
Republic
44 Commercial Bank of
Qatar Qatar
45 Suhyup Bank South
Korea
46 Gulf Bank Kuwait
47 Al Khalij Commercial
Bank (al khaliji) Qatar
48 Commercial Bank of
Kuwait Kuwait
49 Boubyan Bank Kuwait
50 National Commercial
Bank Saudi Arabia